[nqrack] 2025-04-11 -- we working this balance or nah?

Making this a quick one, as I have an event at a school this morning; maybe i’ll get to trade maybe not…

in short: she’s creeping, looking like she wants to retest higher, but is in balance, and it’s perfectly normal for her to travel below to do business. News at 8:30, it can move things either way.

The Numbers

keeping candles closed above 18877.00 she’s bullish for the day, and looking for, and expect some resistance at, the zone around 19104.25, 19118, 11948.

if she loses our Green Zone (18318.25 → 18288), then closing candles below 18243, I expect a rescue attempt to take place (if she slows down a little bit around that area for long enough), so it may get dirty down there before they push up. But if it’s an aggressive push and she couldn’t hold, we continue throught the balance to 17887, etc.

The Big Picture

Not much going on, maybe waiting for news? she tried to lose our Green Zone, then rescued it back up, and now bouncing around in this mini balance area that still represents a “flag up” from the Presidential Plunge Protection Team Operation two days ago. She certainly can still dump for the day, given we are overall in a balance area dating back from the Great March Dump. That green area is still an important barometer for a push up or down, so just keep an eye on it.

My messy lil chart:

News

This is typically a mover; after this week we could use a break but we know this. market does not sleep

Enjoy the ride, and here’s to patience, confidence, learning, and profits! 🫡