AH range 15 pts. Opening way higher than previous day high.
Almost exact opposite scenario to the one happened 2 days ago.
The exception is that the bottom of the gap above was tested in AH.
If in RTH it is tagged again, we may see an explosive melt up to fill the gap.
R1 at 82 is also previous day high.
Moving towards that is very likely if we do not see a squeeze up in the first 15 mins.
Gap fill in progress.
Previous week close.
The first sweet spot for short is that when today’s range reached average daily range. That means 1201 area.
However, I am not in the short camp, at least not at the moment. If we are doing exact opposite to what happened on Wednesday, the target of the current upswing should be current week high. For that to happen, previous week close will act as support.
No visible weaknesses in custom tick indices yet.
First sign of weaknesses – potential DT with weakened tick indices.
Break of 96.5 will confirm.
Fighting right at 96.5
The mini DT is gone.
No pullbacks, shorts in disarray.
More likely new high in 1 pm slot and 3 pm slot now.
No new high in 1 pm.