The 6975 pivot being a composite LVN aligned with last week's VWAP is a strong setup - those confluences usually deliver cleaner reactions. I've noticed when Friday forms an inside day after big liquidiation moves like Thursday's, the breakout direction on Monday tends to follow whichever way pre-market volume leans. VIX confirmation at 16.33/18.55 is solid too, helps filter false breaks.
The 6975 pivot being a composite LVN aligned with last week's VWAP is a strong setup - those confluences usually deliver cleaner reactions. I've noticed when Friday forms an inside day after big liquidiation moves like Thursday's, the breakout direction on Monday tends to follow whichever way pre-market volume leans. VIX confirmation at 16.33/18.55 is solid too, helps filter false breaks.
Thanks Smash! Let's see where we open.
Have a great session, thanks for everything you do