[nqrack] 2025-0-4-30

The Numbers

Currently we’re headed to 19476.75, and if she makes it, it opens the door quickly for 19473.75, 19448. we could honestly dump to the magnetic VPOC at 19355.25, depending on news. (as of this writing that’s where she’s headed)

on the upside, she’ll have to recover 19473.25 for starters. then she’ll need 19526.75, 19541. 19566.5 will be the number she’ll need to recover for some semblance of heading back in the upper direction.

The Big Picture

Overall, we have a double distribution situation. I’ve outlined both distributions above. We’re currently exploring the lower distribution, after losing yet another consolidation/potential distribution area we hit during the close.

I put a warning up after the close yesterday that this is certainly potentially a dump zone. I personally certainly wasn’t interested in initiating longs from where they closed, though, for sure.

And now she’s doing her thing, headed down to a magnetic number, 19355.25, and march value area low at 19343.5. whether or not she’ll make it remains to be seen, as they can always goose it on news.

News

Huge news at 8:30, 10:30 this morning, see yesterday’s newsletter for the complete run down.

i gotta get out of here, i’m in a short and the market is dumping…

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