[nqrack] 2025-04-29 - churnaround chuesday innit?

The Numbers

Keeping above 19468.25 (a nice bounce place) will keep them in tersted in the first number of interest, the one she keeps dancing around, 19566.5, which is a hair away from 19567.75. if they can reclaim that, they can tap and blow through the london open at 19609, and for starters tap 19621.5 to see if she’s worth dumping from. if they blow through it seems unlikely), then she’s finally going to go for 19676.75, and above.

they may be finished with their business above however…

Losing 19468.25 opens the door to retest 19448, the weird overnight low, all the way down to 19384. losing it takes us to the magnetic 19355.25, and a retest of 19343.5. She may not be as kind to 19269.5 (although it is a higher low overall. I’m still looking at the 19162.25 danger zone, which she can’t lose for any amount of time, or else bulls be in bigger trouble, headed to 19086.75 as a start.

The Big Picture

currently after tapping the PWPOC here and there, they’ve dumped, and are grinding down, towards monday’s value area high, seemingly to see whether not it’s still worth anything to the bears. I’ve marked an upper balance area, which, if ultimately lost, keeps a larger balance in play, giving us a solid Turnaround Tuesday.

News

I forgot to include the news in the weekly outlook! Here we go. Today we have something that might move the tape. keep an eye out if you’re still trading for the 10am job openings news.

As always, I’ll tweet here and there as I see anything interesting (or have time).

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