[nqrack] 2025.03.27 -- pullback in an uptrend?

on a personal note — i will admit that i’ve been mostly focused on work, working on a fun little tool, and it is taking a bit of my focus, but there are numbers every day to be seen, so I will make this brief!

Overall, still in the midst of what i’d call a “relief rally”. They pulled back quite a ways however, with a pretty nice rejection out of the latter breakdown region. Here are the important areas I’m watching today:

I‘ve a point of clarity about something I mentioned yesterday, and how I’ll work to do a little better in that regard! Yesterday, I wrote:

I was mentioning previous day’s VAH being a nice place of support, but it was only if they ended up rejecting at the top of our region. They never even made it there, yesterday, so a breach of PDVAH, in my view, seemed more likely to result in an “80% rule” day. And they did deliver, and more…There were bounce areas, but that was about it, good for a scalp up, as they kept going down and down…

This morning we have some significant news that could move us either way. Its important to note, that a trip down to previous week’s VAH is certainly on the table, and if she loses it, PWPOC is not too far away, and the door is open, especially given there’s a magnetic VPOC below. So I wouldn’t be surprised if she loses PWVAH that she makes it to the VPOC and gives us a bounce, and, if they’re interestd in really selling it, do their “80%” down to the PWVAL.

On the upside, she can try to get back into the box, as there’s a single print (need to add that to the glossary!) at least, worth visiting along the way.

For me, given my attention span, it’s a “let’s see what she does” day, and will keep my risk smaller accordingly. I don’t like that she lost the upper breakdown area, and am proceeding with caution! And tweeting as it seems interesting, @nqracky 🙂 

Here’s to learning, confidence, and profits!