June 17

Discord access link: https://discord.gg/UPbu6PZFDp

Today we saw acceptance back above the 6086 BZ level but still not much interest above the 6100 psychological level. The main goal for these buyers is to get us back above last week’s high at 6118.50 which is just above the top of the Balance Zone at 6115.

• As of the time of this writing we are trading right around today’s low but depending on where we open tomorrow I will be looking for sellers below the 6086 BZ level who can take us back down to 6028.

• For buyers it’s all about getting us back above 6086 which would increase the odds of going to the 6100 psychological level.

Value Area:

VAH 6100.50
POC 6091.00
VAL 6084.00

Bullish Scenarios:

• Longs above 6086 targeting 6100.

• Longs above 6100 targeting 6115.

• Longs above 6120 targeting 6145.

Bearish Scenarios:

• Shorts below 6086 targeting 6057.

• Shorts below 6057 targeting 6028.