November 26
Discord access link: https://discord.gg/UPbu6PZFDp
With yesterday’s move we saw acceptance above the 6000 psychological level. For buyers it’s all about getting us back above the 6028 BZ level in order to then take us to 6043 and then to 6057.
For sellers it’s all about keeping us below 5998 with the main goal of ending Daily One Time Framing Lower.
VWAP is currently sitting at 6005 which adds confluence to the 6000 psychological level and to yesterday’s POC at 6006.50.
Overnight Inventory is short but we are currently trading near the Overnight High which means that some overnight sellers probably covered before the open.
Bullish Scenarios:
Longs above 6000 or above 6028 targeting 6043 followed by 6057.
Bearish Scenarios:
Shorts below 5998 targeting 5069.
Shorts below 5969 targeting 5926.