Theme:
Multiple failed attempts to break key resistance.
Behavior Around the Highs:
Notable moves to the upside and bullish behavior. There is a local high here, the end of the range or trend.
Overview:
We bump up against key resistance in the pre-market. There is a trade opportunity right around the open in the midst of a move higher, followed by a move back down before 10:00am. There is a failed attempt to break resistance around that time as well. Out of a low between 10:00am and 11:00am there is a big move to the upside, which continues into the noon to 1:00pm hour. There is a high at 11:00am, and then another high, or the same high, and a sharp decline, both in the 11:45am to noon range.
We have a rally out of that low that forms midday around 12:55pm. It continues to a notable price level before falling off and dropping sharply again. This is another high correlator and takes place around another high. There are five attempts to break through a resistance level if you include those that are in the pre- and post-market. There is a high in the post-market as well. In any case, there’s a notable price level that is highlighted from 2:00pm to 3:00pm, and then we drop. There is some worry energy, so some sideways, slightly bullish behavior around a price level. Then we move up, right around the close, and it has to do with positive economic data. We level out in the post-market and/or we end up in the upper end of the range.
Looking to Tomorrow:
Three failed attempts to break key resistance, followed by a sharp decline.
![](https://static.wixstatic.com/media/b87e8a_dc62d0fa6e85497eb7e460c7d1b817aa~mv2.jpeg/v1/fill/w_980,h_735,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/b87e8a_dc62d0fa6e85497eb7e460c7d1b817aa~mv2.jpeg)
![](https://static.wixstatic.com/media/5aacf5_1e8cfb47b84440649efa8d3c1055f311~mv2.png/v1/fill/w_980,h_608,al_c,q_90,usm_0.66_1.00_0.01,enc_auto/5aacf5_1e8cfb47b84440649efa8d3c1055f311~mv2.png)
![](https://static.wixstatic.com/media/433c53_d751491c85604b9cbc8c75280c6f8887~mv2.png/v1/fill/w_980,h_754,al_c,q_90,usm_0.66_1.00_0.01,enc_auto/433c53_d751491c85604b9cbc8c75280c6f8887~mv2.png)
![](https://static.wixstatic.com/media/433c53_393287e1ed574235a4dba0956be307b8~mv2.png/v1/fill/w_980,h_754,al_c,q_90,usm_0.66_1.00_0.01,enc_auto/433c53_393287e1ed574235a4dba0956be307b8~mv2.png)
#MercuryScorpioTrineNeptunePisces @10:38am est.
#MoonTaurusSextileNeptunePisces @2:14pm est.
#MoonTaurusOppositionMercuryScorpio @2:48pm est.
#MoonTaurusSquareJupiterAquarius @9:23pm est.
#MoonTaurusTrinePlutoCapricorn @10:57pm est.
#
#_______%Accuracy
コメント