February 10
Discord access link: https://discord.gg/UPbu6PZFDp
During Friday’s session sellers were able to end Daily One Time Framing Higher which resulted in a liquidation break back towards the 6057 BZ level and below. This selling was sparked after the lack of interest above the 6115 BZ level. Sellers left some single prints in the profile between 6096.75 and 6107.25; these single prints add confluence to the 6100 psychological level.
This week, the main goal for buyers should be to trade above last Friday’s high in order to end Weekly One Time Framing Lower.
I’m going to be paying attention to the 6057 BZ level since that’s also where we have the bottom of Wednesday’s single prints.
Bullish Scenarios:
Longs above 6057 targeting 6086.
Longs above 6086 targeting 6100.
Bearish Scenarios:
Shorts below 6057 targeting 6028.
Shorts below 6028 targeting 5998.
Nasdaq:
Longs above 21,661.00 targeting 21,833.00.
Shorts below 21,600.00 targeting 21,488.00.
Shorts below 21,488.00 targeting 21,243.00.