September 19

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

Today we saw acceptance above the prior day’s range (FOMC). This is bullish since it means that higher prices are being acceptances. On the other hand we can see that there was a lot of trading around the 6700 psychological level. Going into tomorrow’s session it’s all about finding acceptance completely above it which will place solidly inside the 6700 - 6817 Balance Zone.

• For sellers it’s all about getting us back below the 6685 Balance Zone level which will mostly likely result in a retest of the 6655 BZ level.

Bullish Scenarios:

• Longs above 6700 targeting 6729.

Bearish Scenarios:

• ⁃ Shorts below 6692 or below 6685 targeting 6670 followed by 6655.