November 14
Discord access link: https://discord.gg/UPbu6PZFDp
Sellers finally ended Daily One Time Framing Higher after this morning’s lack of interest above the 6028 BZ level. With this morning’s liquidation break we also had retest of the 6000 psychological level/area. Notice that we got a bounce back to the 6028 BZ level but buyers weren’t able to close the session above it. They did manage to close the session inside of yesterday’s range.
Going into tomorrow’s session it’s all about monitoring for continuation of today’s selling. Will we get continuation of Daily One Time Farming Lower. For buyers it’s all about getting back above the 6028 BZ level in order to later trade above today’s high which would prevent continuation of Daily One Time Framing Lower. For sellers it’ all about keeping us below Monday’s low at 6013.50.
Bullish Scenarios:
Longs above 6028 targeting 6057.
Bearish Scenarios:
Shorts below 6013 or below 5998 targeting the gap fill at 5967.
Shorts below 5967 targeting the bottom of the November 6th unfilled single prints at 5941.25.
Nasdaq:
Longs above 21,243.00 targeting 21,488.00.
Shorts below 21,175.00 targeting the gap fill at 20,930.00.