[nqrack] 2025.03.26 - keep it movin'

Red day yesterday for me; when this happens, the first thing I do is check my head, then i check my numbers. And this is where the art vs science comes in. This March breakdown was a double dump — where we consolidated twice before heading down to the level where everyone panicked. We’ve all but retrieved much of those gains, but are working our way up another area, which is the consolidation area of the first dump. I spent some time updating my numbers (and will likely revise this chart during the week even)

https://www.tradingview.com/chart/JbEskT4R/

So yeah, made some errors yesterday trading(the psychological game of day trading is unmatched). Today’s another day, and, thankfully, after some years, I have tools that help me stay in the game, at least!

Af far as I’m concerned, we are locally bullish, try to work our way up this breakdown area to be overall bullish again. As of this writing, we rejected the breakdown POC but are moving up towards it again, negotiating yesterday’s VAH before 8:30 news. I would expect us to test the top of the box (which happens to coincide with an updated number for the Nov-March balance box sigma level), for an initial rejection, but it may not last long; they could blow through it. We will see!

So yes, I’m personally looking at that level above for a rejection, but we currently seem to be in “look for a pullback” territory as we move up, so if they can hold PDVAH, and reject at the top, PDVAH becomes a nice level of support (and for the more aggressive the “breakdown box POC”), otherwise, 20338 is still pretty important as we see on the chart, as well as the breakdown box VAL.

Here’s to patience, learning, and (long term;-) profits!