[nqrack] 2025.04.03 bad news

Let’s get this out of the way — the pump, then dump, was INSANE yesterday, but she went to the place I already said may bring a problem, and apparently it really, really did.💩💩💩

The Numbers, and admin

First off—turns out my email address ([email protected]) is currently broken, working on that. If you have questions, feel free to hit me up at [email protected] for now.

And hold tight all! I’ll start this newsletter with key futures numbers I’m looking at, then will dive in to details. I’m working on getting some QQQ equivalents for you, but I don’t want to do so until I can automate the work!

Below 19020.75: opens door for 18904, 18865.5 (support), 18655.25 (support on first touch)

Below 18655.25: opens door for 18485, and 2024 POC @ 18316 (support, key level, toil and trouble below)

Above 19020.75: reopens 19114, 19181, 19240, and 19303.5 (resistance)

Big(ger) Picture

Insanity! Yesterday’s show will certainly cure people of speaking too soon, one way or another, right? right? Doubt it. In fact, this is only the beginning of the yammering about these tariffs, i fear. Truth is, we don’t know, we won’t know, until the numbers work themselves out, whether or not this tariff thing was 10d chess, or an idea best kept in the presidents’ head (and even then, it’ll surely be one of many factors affecting the market)…What I focus on is what’s actually happening in the moment. One day at a time.

So yeah the market got some footing later in the day, then took what looked like a huge…release. Keep in mind that when she opened yesterday, what may have felt like a run to people actually watching was just a recovery from a pre-market dump…and even what we have now is near flat from yesterday’s close, basically starting a little lower than before.

However, the lower at the evening session open was an important low, because it signaled a lower low than our prior balance area, playing around in new low territory, so follow through is 100% on the table for today! In that spirit, i’ve given the numbers i’m looking at, above.

The rest of the plan stays the same. I’ll be tweeting throughout the day if/when things look interesting and will try to keep it focused on key areas. 🙂 The areas I mentioned on the downside are all areas i’m eyeing for at least a momentary scalp, but staying very vigilant, especially at the VPOC levels. Because, while magnetic, they don’t necessarily act as support. The current trend has been down, and the trend within this trend, is currently down.

Here’s to patience, confidence, learning, and profits!