The Power Ball is about to Explode.

3 May 2022

Price has compressed into a ball.

The algos were in complete overdrive today.

Looks like we'll break upward, but obviously we're in a news driven environment.

Fed talking tomorrow likely moves on direction or another. It was literally a shredder today for price action.

They may raise rates an I would expect we move higher because that's how you take peoples money.

Expect the move will be fast - we moved 20 points today in 3 minutes or less. In normal times that would be about 40% of regular days move.

3 May 2022

Not

I just noticed on my NT8 platform that move where I think there will be a pullback which is there is line indicating the 5 day average price is also a naked point of control in the regular session so the 'easy target' is 4211 - (eye roll)

Its 40 points - could happen in 15 minutes this market.

4 May 2022

İşlem kapandı: hedefe ulaştı

Nailed it