Bullish into Weekly SIBI

2024년 9월 26일

Wednesday's candle closed above the prior day's high, reaching the weekly high as well as the previous month's high, we could potentially see the price continue to rally into weekly sibi

4hr market structure is still bullish but after the rally, the price has now closed above 4hr swing-high
4hr Fixed Volume profile shows the POC is at the high of a price and now price action is moving away from that area in a bullish fashion

m15 has two potential areas from long at 20,221.00 or at

if the Asian session continues to expand we will have to see how London's action is traded especially if the price reaches the w-sibi first in the overnight session which could result in a NY session reversal

Since NQ is typically correlated with ES I will monitor both for direction confirmation and divergences and convergences

2024년 9월 26일

노트

The NQ session is reversing as stated from the overnight rally, Powell is also speaking I still favor buys but I'm on my hands just watching price action for now