2025 -05-09 its fries day, innit? and yeah...news is 5/13

Yesterday I was running on about news, and shortly after hitting “send”, realizing that all that news was next week. That’s what I get for not doing a once over after a copy/paste of my calendar info.

That said, there’s a lot that can happen between then and the 13th, so keep watch.

The Numbers

Weird candle at 7:27 a.m. it’d be hilarious if it was the range for the day. who knows. What we do know is that the wicks of the candle were absolutely no accident, I had ‘em on my chart. See the caption for the explanation, there’s a microlesson in there. Get familiar.

anyway the numbers are straightforward.

It’s friday so i’ll keep all of this brief. I’ve started to be incredibly cautious of trading Fridays as it’s typically my worst day.

Above: 20241.75 → 20270 → 20288 → 20324 → 20328 -> 20341.50*, the number that is critical to beat for continuation of this bullish push.

Below: 20141.25 → 20110 → 20074.5 losing this, closing candles for to long will give us a visit to Thursday’s low of 19978.25, then 19924.5.

The Big Picture

They’re still in the upper balance, trying to go higher. Friday is weird, who knows if they’ll move ‘em somewhere.

In short, they’ve been above prior week’s value area high all week and don’t seem interested in losing it; closing below for the week isn’t such a great sign. Closing near it is just the kind of scoundrel behavior i’d expect. However, if they want to show true strength, they’d close the week right around where they are, or higher (see above).

You have the numbers, I have my Friday, so that’s about all I think is needed to be said! Will tweet during the day as things get interesting.

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