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Milli's avatar

Thank you, buddy! Although it is a shorter day tomorrow, let's try to make some green.

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joe's avatar

love your analysis broski thankyou from all the beginner noobs!

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Esmaeel's avatar

hi Smashelito

why 4824 is important level its not in value area.

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Smashelito's avatar

The importance of the 4824 level lies in the fact that it corresponds to where sellers entered during Friday's PM session. This suggests it's a critical area for sellers to hold for a potential downside continuation while avoiding a squeeze (stops > 4824). The reaction within this area during the overnight session (ONH: 4823) is not surprising due to the trapped buyers.

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