I will continue to interpret the daily as balance, considering the break of both yesterday’s high and low, yet closing within range. All levels remain unchanged.
It is worth noting that the short covering from trapped shorts was triggered by Waller's (voter through 2025 and a hawk, notably) comments hinting about a rate cut, the first mention I've heard this cycle.
Thanks Smash! Wanna see some volatility. NQ’s daily range is 100 handles! There should be at least one shakeout to trap these late bulls. So..waiting 😅
This ONH 4565 as 20D VPOC was quite pivotal today.
It is worth noting that the short covering from trapped shorts was triggered by Waller's (voter through 2025 and a hawk, notably) comments hinting about a rate cut, the first mention I've heard this cycle.
Fantastic post!
Thanks Smash! Wanna see some volatility. NQ’s daily range is 100 handles! There should be at least one shakeout to trap these late bulls. So..waiting 😅
Thank you 🌼
Great analysis as always brother. Keep up the good work.