[nqrack] 2025-04-04 freefalling...more follow through?

The Numbers

Above 17887, then attempt up at 18288, 18318.25

Below 17887, 17310 (2024 VAL) is on the table

Of interest: charting videos

Last evening I realized my charts got a bit messy, so I cleared everything and re-messed them up. I’ve shared a playlist of short, silent vids of charting sessions, in case you’re interested to see what I look for, or get ideas for yourself.

The Big Picture

Is this what the OG’s call capitulation? or are we still hopeful bulls? We got followthrough yesterday, that is certain. Overnight, we have lost some key levels, most notably, our 2024 POC. She cut through it, in the overnight session no less, like a hot knife through butter. Let’s see if we have any bulls willing to try to push it higher, especially given news events this morning.

As far as I’m concerned, we’ve certainly turned overall bearish after relinquishing the 2024 POC. So much so that the rules of bullishness/bearishness have changed, and bullishness has a lower bar,. RIP our 401ks, unless you’ve got plenty of inverse funds loaded up, I suppose.

Last evening was especially interesting, to me at least, because she began to freefall after hitting single prints in the overnight session, almost looked back, but then said “nah dog”. So here we are. I’ll share my TradingView link directly below, because I will be likely updating numbers after this morning’s news when we see where she wants to go. She spiked and is pausing around an incredibly important 2xVPOC from last year (mainly meaning there’s potentially a lot of buying taking place there), so We might see a “rip” up to the POC area as she tries to reclaim.

News

All of these can move the market pretty heavily, so be aware.

Here’s to confidence, learning, and (not a loss of) profits!