March 12

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

Sellers maintained control again today, successfully defending the 5647 BZ level throughout the session. Despite early attempts from buyers, the market never managed to trade or hold above that critical level. The session ultimately faded lower and closed right at the 5589 BZ level, highlighting continued weakness and confirming that sellers are still pressing their advantage.

• Daily One Time Framing Lower remains active, and until buyers can take out Monday’s high at 5711.25, sellers continue to hold structural control.

• The most bearish scenario for tomorrow would be continued rejection below 5589, leading to another test of 5530, followed by an extension move toward 5472 if selling pressure persists. Watch for signs of acceleration below 5530 if sellers remain in control.

• The most bullish scenario would start with a move back above 5589. From there, careful longs above 5647 could become valid again if buyers can build momentum.

Bullish Scenarios:

• Longs above 5589 targeting 5647.
  

• Longs above 5647 targeting 5700–5711.25.
  

• Longs above 5711.25 targeting 5764.

Bearish Scenarios:

• Shorts below 5589 targeting 5530.
  

• Shorts below 5530 targeting 5472, then 5413.

Nasdaq:

• Longs above 19,469.00 targeting 20,027.00 if buyers can end Daily One Time Framing Higher.

• Shorts 19,469.00 targeting 19,128.00.

• Shorts below 19,128.00 targeting 18,746.00.