May 30

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

We are going into the last trading day of the month with a “3-Day Balance”. Going into tomorrow’s session it’s all about monitoring for the breakout above or below this area.

• I’m going to be favoring longs above 5940 looking for a move back to 5969 and then towards the 6000 psychological level. If sellers can keep us below the 5900 psychological level I will look for 5881 followed by a move towards the gap fill at 5843.75.

Value Area:
VAH 5928.50
POC 5915.25
VAL 5909.00

Bullish Scenarios:

• Longs above 5927 or above 5940 targeting 5940.

• Longs above 5940 targeting 5969 followed by 6000.

Bearish Scenarios:

• Shorts below 5910 or below 5900 targeting 5881.

• Shorts below 5881 targeting 5843.75.

Nasdaq:

• Longs above 21,488.00 targeting 21,661.00.

• Shorts below 21,370.00 targeting 21,243.00.

• Shorts below 21,243.00 targeting 21,083.00.