Immediate resistance is at 4984, while the immediate support of interest is at 4960, marking both the breakout point and the afternoon pullback low—a crucial area for buyers to hold.
Interesting sequence when S1 rushed in to purchase at 4945 just past IB, while the coutnerparty passive seller sold thousand lots then quickly stack buy order at 4934.75 but market never looked back since. VIX was elevated during initial breakout hence a quick liquidation followed in G, but turned muted after buyers picked up 4960. Sunday night 7PM fed chair speaks!
Thank you, fantastic work! 🍀
Let the week begin 😉
Interesting sequence when S1 rushed in to purchase at 4945 just past IB, while the coutnerparty passive seller sold thousand lots then quickly stack buy order at 4934.75 but market never looked back since. VIX was elevated during initial breakout hence a quick liquidation followed in G, but turned muted after buyers picked up 4960. Sunday night 7PM fed chair speaks!
Thanks!
Thank you, buddy! Let's have another great week!