SIX NAKED POINTS OF CONTROL
I like to think of previous days points of control areas that returned to check off, we're done with this level, and we can move upward! This when price returns to the previous point of control and touches it and price then moves up.
Yes once and while they get left behind all together, more on the ES Futures than Nasdaq.
However I have NEVER since six as you can see on this chart on the Nasdaq Futures.
This thousand point move its truly unbelievable. Gamma squeezing us into the stratosphere.
However there is a very serious reason why these were all left unchecked as it were, moreover there are gaps in the NDX that will likely get filed too from 19345 to 19210 as well as 18770 to 18656.
Right now the gravity defining markets but I don't view this as bullish at all.