2025-06-06 more of the same today?

Author

n qracky
June 06, 2025 • Estimated Reading Time: 3 minutes

🌟 Oops I did it again!

Perhaps I was hoping it was Friday, yesterday, as the NFP/Unemployment news is this morning (as it is every first Friday of the month). THat said, they still managed to rip around the market back and forth like a chew toy.

🔢 The Numbers

Above

staying above 21685.25 finally gets them to head back up to 21747, via 21711.5. next in the sequence, we have 21801, 21854-21857 range, which may offer some resistance, unless they try to cut through like a hot knife thru butter, and if so, they’ll meet 21915.5 again, as they attempt 21979 and 22046.25.

Below

they’ll want to hold 21513.5 - 21500.5 range, else i t’s 21464, which is actually somewhat magnetic, regardless of direction, as well as 21412. Losing the above 21513.5 for too long will certainly mean they’re looking for 21279.5 and below.

📸 The Big Picture

Yesterday, if you were there, provided plenty of volatility, and honestly got wild here and there. They dumped downwards, reclaimed all of the balance area and more, only to dump it again below the balance.

What’s notable is that they broke around a key area, 2024 2 sigma high. Which is somewhat expected, and a great area to have shorted from, given its importance. now, they are hovering around yesterday’s value area low, which is around yesterday’s balance area, poised to try to travel through it, or run away from it with fury, depending on what folk do after the NFP, which is usually the news that moves.

OF note as well is that last evening they rejected the previous week’s value area high, which signals she still wants to close with a higher candle on the week. However, oftentimes the overnight crew can get inventory too long, and we may experience a correction downwards.

📰 News

Let’s try this again. THIS MORNING, Friday, the first Friday, is Non Farm Payrolls, and Unemployment rate. Lets see what she does. Will she make it to our all time high POC (and beyond?) or will she continue to take a break down here lower.

Here’s to patience, learning, and profits!