[nqrack] 2025-04-10 sit down..AND CHECK THIS 💩 OUT

Preamble, and the gist of the title

What I love about this title selection is that I started drafting this about an hour before the markets went for an AMAZING RIP. I had my title, and my image, and was going to write about the importance of staying humble after a green day (I had made it out green, in five separate prop accounts, before the bell! and, now as of last evening, I have also passed my first prop challenge with a firm that I am currently quite favorable to as they promote consistency like none other i’ve seen…may talk more about that later)

I was sitting in my neutral/bearish bias for the day, as I created the draft, the market was hovering about, not quite giving up PDVAL, but the clock was ticking. I get an alert, then BOOM! Talk about humbling. ANYTHING CAN HAPPEN. I love this game. The day is now almost to a close, they may actually surpass our key levels that we lost in March, and I’m in awe of these markets. the good, the bad, and the ugly. My job is to stay humble, play my levels, and NEVER get too confident. (more below).

The Numbers

Daily Bullish:

making it above 19272.25 is bullish for the day, opening up 19323.25, 19343.5, and 19359. Closing candles above 19359 opens the door for 19443.25, which further opens us up for 19500.25, and the magnetic number of 19566.5 … expect some resistance pushing past that, barring some Weird News Events.

Daily Bearish:

she’s in bearish territory below 19148.75 and really 19104.25, staying here is taking us on a path back to 18778.5, with a retest of this important 18717.75. lose that and we can travel all the way to 18658 to revisit 18507 and below.

The Big Picture

They ripped it, no ifs ands or buts. Regardless of how they got there, they did the dang thing. If you scroll below, i’m gonna show you something MAD fascinating about where she stopped after the pumpy pump…

Check this ish out — THE POWER OF TWO. You could have predicted the rally?

No, i don’t mean “to the power of”, but doubles and halves (or, halfbacks) mean a lot in this market. I noticed something after the rip, when i looked at the daily candle. Whoever’s been paying attention KNOWS that i’ve had this important zone marked on my chart for DAYS…that one…where she dumped after Trump shock and awed us with the tariffs….the one where she dumped after we found the 90 day pause news was…ahem…fake….

Why is this number important??? Was it any accident that the rally stopped where the did? Could you have predicted the end point? Well, she *happened to turn last evening around March Value area low, but here is one way that I find fascinating…

I dunno why the market “picked” this zone of ours as important but i can guess, given there’s last year’s point of control, and VERY STRONG POC from last year. lots of stuff was going on there. there are many lines on a chart, but the market CANNOT HIDE VOLUME. Any way, that’s not even the good part. I measured yesterday’s open and close on the daily candle. the height? 8493 ticks. what’s half of 8493? 4246.5. Well, i took a moment to measure up the candle roughly that amount (4247 to be exact), and ended up making a lil giffy gif for you, hopefully you can see where that 4247 height happens to be…

Our important zone starts at the bottom smack dab in the middle of yesterday’s candle. (pardon me for it being a half a tick difference ;-)

Coincidence? Only an inkling of a chance! What does it mean? We don’t know, but it’s fascinating to pay attention to these occurrences because they happen all the time in the market.  This midpoint, of yesterday’s candle, just happened to be our important place for days, and it happened to be the level at which the market dropped like a rock the day of the tariff announcement. and the day of the “fake” Bloomberg tariff pause tweet pump (y’all still mad at ya mans?). It’s an IMPORTANT NUMBER. they start closing candles under this and we’re looking below for business (some of it unfinished).

News

We definitely have some potential market movers today, so pay attention…plenty of excuses to RIP more, or go straight to the crapper.

I am sure I missed something here, I have so many thoughts over the past few days, many not suitable for this kind of newsletter, haha! I leave you with a map…a chart:

https://www.tradingview.com/chart/bdOWFV3S/

And if i have time today, some tweeting here and there!

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