Price closed near the prior week’s highs after a clear four-hour impulsive leg from last Friday’s low. Momentum appears constructive while the 15-minute swing structure holds higher lows above the New York value shelf.
Setups:
Play A — Acceptance Long: Wait for a 15m full-body close ≥6,900 and a 5m pullback that holds ≥6,892–6,895. Enter on a 1m HL reclaim. Hard SL = 15m trigger-wick low minus 0.25–0.50. TP1 6,915. TP2 6,935. TP3 6,955–6,975. Viability gate: TP1 must be ≥2.0R versus the 15m stop.
Play B — Rejection Fade: If 6,900–6,915 rejects with a 15m close back inside ≤6,889, enter on a 5m re-close lower and a 1m LH. Hard SL = 6,905–6,912 (above rejection wick). TP1 6,872. TP2 6,852. TP3 6,839→6,810 if momentum accelerates.
Bias & Invalidation: Bias is mildly bullish while 6,865–6,872 holds on 15m closes. Bias flips neutral-to-bearish on decisive 15m body-through below 6,839.
Kill-Zones (ET): NY AM 09:30–11:00 for entries. Manage through Lunch. NY PM 13:30–16:00 for follow-through or fades into exhaustion.
News & Events (tomorrow): No CPI risk on the docket. Watch the U.S. 10-Year Note auction around 13:00 ET and headline risk from the OPEC and IEA monthly oil reports in the morning; both can sway rates and index tone.
Setups:
Play A — Acceptance Long: Wait for a 15m full-body close ≥6,900 and a 5m pullback that holds ≥6,892–6,895. Enter on a 1m HL reclaim. Hard SL = 15m trigger-wick low minus 0.25–0.50. TP1 6,915. TP2 6,935. TP3 6,955–6,975. Viability gate: TP1 must be ≥2.0R versus the 15m stop.
Play B — Rejection Fade: If 6,900–6,915 rejects with a 15m close back inside ≤6,889, enter on a 5m re-close lower and a 1m LH. Hard SL = 6,905–6,912 (above rejection wick). TP1 6,872. TP2 6,852. TP3 6,839→6,810 if momentum accelerates.
Bias & Invalidation: Bias is mildly bullish while 6,865–6,872 holds on 15m closes. Bias flips neutral-to-bearish on decisive 15m body-through below 6,839.
Kill-Zones (ET): NY AM 09:30–11:00 for entries. Manage through Lunch. NY PM 13:30–16:00 for follow-through or fades into exhaustion.
News & Events (tomorrow): No CPI risk on the docket. Watch the U.S. 10-Year Note auction around 13:00 ET and headline risk from the OPEC and IEA monthly oil reports in the morning; both can sway rates and index tone.
If you want to contact me Email: info@algoindex.com or algoindex.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you want to contact me Email: info@algoindex.com or algoindex.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.