March 17

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

I will switch to the June contract on Tuesday.

  • On Friday we saw the end of Daily One Time Framing Lower which resulted in the move back to Wednesdays’ high near the 5647 BZ level; this is also due to the “inside day breakout failure”.

  • Going into Monday’s session I will be monitoring for potential support near the 5600 psychological level to see if we get responsive buyers near that area (we have Friday’s Value Area Low at 5598.25).

  • The most bullish scenario would be for us to see initiative buyers above the 5648 BZ level to see if we can get a move back to the 5700 psychological level. If we trade above 5711.25 we will see the end of Weekly One Time Framing Lower.

Bullish Scenarios:

  • Longs above 5600 or above 5647. Above 5647 I will target 5676 or 5705.

Bearish Scenarios:

  • Shorts below 5589 targeting 5530.

  • Shorts below 5530 targeting 5500 followed by 5472.



Previous
Previous

March 18

Next
Next

March 14