[nqrack] 2025-04-15

Preamble

What a wild day. I nearly got crushed, due to my negative bias. My entries were, for a while, nearly all trying to fade key levels. Every now and then they’d give some up, but the bias was to the upside, so they did not last long, and I found myself in a pickle several times. Thankfully, where it counted (my live prop accounts), I somehow ended up hitting my targets for the day (🙏🏾🙏🏾🙏🏾), even with mediocre risk management. Lesson learned. When all signals are against your bias, always start small.

The Numbers

Plenty of important numbers on the chart; the main ones i’m looking at are:

reclaiming 18944 is obviously bullish, opening the door to 19045.75 and 19185.50. above that, she might try for 19323.25 and above.

staying below PDVAL @ 18944 and losing yesterday’s spike end @ 18917.5, gives us a down day, revisiting 18803.75 (multi-day VAH). Bears would love to continue to close candles below, as lets them be able to work on tapping 18603.75, the magnetic 18531, and 18318.25 below. There’s a lot more room to fall down than up this morning as far as key levels, so this may be a nothing tape (price action was downright aesthetically ugly last evening) or we could see a nice chunky move.

The Big Picture

Well, they started the session gapping above the “purple zone” yesterday, which I said they’d have to do to show some conviction…however ended up playing in that zone for much of the day, and still within it today, so much i’ve now removed its importancef. They’re dilly dallying still. Yesterday was a huge gap up, but a partial gap and crap, ending up being pretty much a typical day.

As stated above, if she can’t even hold the spike, it’s time for her to look for some business below.

News to Look for

Although they’re moving like turtles watching paint dry (relatively), typical of news days…there’s no significant news on the docket today…just keep your eyes and ears open.

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