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- 2025.09.11 -- nothing wrong with the tape, yet (or, come on, already all time highs)
2025.09.11 -- nothing wrong with the tape, yet (or, come on, already all time highs)
n qracky
September 11, 2025 • Estimated Reading Time: 3 minutes
🌟 Welcome!
9/11 — I was working as a software consultant a few cities away and had flown in. when I heard the news, I packed up the rental I had and drove it back 11 hours to get back to my family. What a surreal day. They say “never forget”, and I certainly won’t.
🔢 The Numbers
Above Let’s start by getting back above 23967. If so then we can begin to get bullish by taking out 23979.75. This opens the door back up to 23991, 24025, and our all time high at 24069. | Below lose 23887, and we’re looking to retest our 23810.5/23803.5 zone. losing that, and we certainly may be looking to complete the gap fill below, starting at 23727.0, down to our poor high we jumped over, overnight. anything lower than that i’ll tweet about it. :) |
📸 The Big Picture
We’re still headed to the all time high on the face of it. However, we’ve had several rejections along the way that have made everyone salivating frustrated. Which is the job of the market anyway 🙂
that yellow box is a personal trading reminder about respecting major levels :)
Okay then! our red zone disappeared (see previous newsletters), we don't need it anymore, they finally came to play up in that range!
The Q’s started the day with a gap up, but filled it below, resulting in pretty much a flat day. Lost our zone, closed just shy of their value area low. That was a bearish signal. However in the overnight session they’ve been racing away from yesterday’s value area low. Will they find themselves too long when the session opens? or can they make it above VAH in time to haul butt in the upward direction?
heck of a spike at the end of the day, even if she couldn’t make it inside the value area. This shows weakness, but they’re trying to put on a strong show in the premarket and break back out of last week’s value area. They’ll have to do so in order to hit the ATH, obviously, but so far they haven’t been doing a great job (but don’t sleep, that’s when they’ll do the deed, when you least expect it)
This has been a hard road, given SPY + MES have already reached all time highs, which still tells me that MNQ wants to follow suit before turning around some more, especially with MES shy of the all time highs its recently done. Time for some catch up, no? Well, we’ll see. You have the numbers above.
đź“° News
Date | Time | Description |
|---|---|---|
Thursday, 9/12/2025 | 10:00:00 AM | US Michigan Consumer Sentiment Prel |
Here’s to patience, learning, and profits!
