June 25

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

• Today we finally saw the breakout above the 6115 BZ level which resulted in a rally towards the 6145 BZ level/target. Notice how we have today’s Point of Control at 6146.75.

• Within today’s profile we have two LVNs/sets of single prints. The bottom set of singles go from 6130.25 to 6132.75 while the top set goes from 6138.25 to 6139.75. At 6132 we have today’s halfback. In the case that tomorrow we open inside of the prior day’s range, these could be areas in which responsive buyers show up.

• For buyers it’s all about giving us continuation of today’s rally while for sellers it’s all about getting us back below 6115 in order to trigger a “Balance Area breakout failure” which could take us back to the 6000 psychological level.

Bullish Scenarios:

• Longs above 6130 (BZ level near the bottom of the single prints) or above 6145 targeting 6174.

• Longs above 6174 targeting 6203 followed by 6232.

Bearish Scenarios:

• Shorts below 6130 targeting 6115.

• Shorts below 6115 targeting the gap fill at 6081.50.

• Shorts below 6057 targeting 5998.

Nasdaq:

• Longs above 22,410.00 targeting 22,579.00 followed by 22,748.00.

• Shorts below 22,300.00 targeting 22,046.00.