๐ถ USTEC Trading Card
๐ Pivot Zone 24,650 โ 24,750 (Strong Resistance)
๐ Context: Bullish correction | Current 24,266.5
โ ๏ธ Key Levels:
Institutional supply = 25,100-25,200
Strong resistance = 24,650-24,750
Current support testing = 24,250-24,350
Lower demand = 23,650-23,750
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๐ข Bullish Scenario
Bias Flip: Clear breach above 24,750
Trigger: Close above 24,750 + retest as support
๐ฏ T1 = 25,100 (institutional supply lower boundary)
๐ฏ T2 = 25,200 (institutional supply - major rejection zone)
๐ฏ T3 = 25,500 (if supply breaks - projected)
โ Invalidation: Back below 24,250
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ด Bearish Scenario
Bias Flip: Clear breach below 24,250
Trigger: Close below 24,250 + failed retest
๐ฏ T1 = 24,000 (mid-range)
๐ฏ T2 = 23,750 (lower demand)
๐ฏ T3 = 23,650 (demand core)
โ Invalidation: Back above 24,750
๐ Pivot Zone 24,650 โ 24,750 (Strong Resistance)
๐ Context: Bullish correction | Current 24,266.5
โ ๏ธ Key Levels:
Institutional supply = 25,100-25,200
Strong resistance = 24,650-24,750
Current support testing = 24,250-24,350
Lower demand = 23,650-23,750
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ข Bullish Scenario
Bias Flip: Clear breach above 24,750
Trigger: Close above 24,750 + retest as support
๐ฏ T1 = 25,100 (institutional supply lower boundary)
๐ฏ T2 = 25,200 (institutional supply - major rejection zone)
๐ฏ T3 = 25,500 (if supply breaks - projected)
โ Invalidation: Back below 24,250
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
๐ด Bearish Scenario
Bias Flip: Clear breach below 24,250
Trigger: Close below 24,250 + failed retest
๐ฏ T1 = 24,000 (mid-range)
๐ฏ T2 = 23,750 (lower demand)
๐ฏ T3 = 23,650 (demand core)
โ Invalidation: Back above 24,750
Note
Be patient here - when it's done with the correction down to wherever. Institutions are already licking their lips...once it find strong enoug institutional demand to continue north, it will not correct untill year-end.Nothing shorts like equities, short while you can.
But have the institutional mind-set , be patient - position yourself for the strongest and biggest bull rallies yet to follow.
Note
TAKE NOTE:This is what Institutional Profit taking + Institutional Short Selling looks like
Once this same gigantic volume liquidity continues up, the corrections are few and difficult in search for intraday long entries.
The deeper the correction, the healthier it will be to look for longs, on a day 2 day basis.
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.
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.