[nqrack] 2025-04-24 don't give up the fight

gap not abandoned..will she try higher again today?

The Numbers

staying above 18706.5, and she’s gunning for 18876.75, 18970.5. if she can close candles above 18970.5, she’s bullish for the day, and looking to retest 19042, what she lost at 19097, 19148.75, and several ranges above. If the market wants wants to rip faces, 19566.5 is on the table.

losing 18706.5, and a failed rescue operation at that area retests the gap bottom at 18617.5. don’t lose the battle, or else we’ll see 18542, and possibly 18462.5. if we lose that…18323.25 is not out of the question, and below.

The Big Picture

She does not want to give up that pump just yet…overnight, she retested that gap and rejected enough off of it that she’s already halfway between previous day’s value area low, and yesterday’s point of control, and looking like she wants to at least test that again to make up for what was lost overnight.


Not much else to say except that we’re in a balance right now, framed by the gap bottom, and 2 sig low of March. She did try to break out of the Great Time To Buy value area, so it wouldn’t surprise me if they give it another go today. if the news brings a good excuse for them, however, she’s headed to fill the gap.

News

Well, there was a wacky 7:30am candle this morning, and wondering if someone leaked something beforehand! as of this typing, she’s already at the top of the wick caused by that crazy move (that took me out on one account and ticked me off). So we’ll see what the *actual 8:30 a.m. brings, as we have:

Durable Goods Orders MoM

Existing Home Sales

So far she’s trying to push past it, but time will tell.

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