Prep and Lean 6.6.24
ES
Overall conditions quite bullish. It is difficult to be bearish given the VAH is also the HOD, meaning volume & value are backing this move.
No bullish close but a value shift higher, so I can’t really be bearish until acceptance back below the VAL 5326 is found.
Depending on where we open, our best reference would be 5360-5362, the VPOC & spike base.
Open / bid above 5360-5362 targets 5382 / 5391. Take out 5391 targets 5408.
Open / offer below 5360-5362 targets 5336. Take out 5336 targets 5326 / 5317.
NQ
Overall conditions quite bullish.
No bullish close but a value shift higher, so I can’t really be bearish until acceptance back below the VAL 18902 is found.
Depending on where we open, our best reference would be 19049, the spike base.
Open / bid above 19049 targets 19123-19148. Take out 19123-19148 targets 19180.
Open / offer below 19049 targets 18923-18950. Take out 18923-18950 targets 18902.
Stay Frosty!
Overall conditions quite bullish. It is difficult to be bearish given the VAH is also the HOD, meaning volume & value are backing this move.
No bullish close but a value shift higher, so I can’t really be bearish until acceptance back below the VAL 5326 is found.
Depending on where we open, our best reference would be 5360-5362, the VPOC & spike base.
Open / bid above 5360-5362 targets 5382 / 5391. Take out 5391 targets 5408.
Open / offer below 5360-5362 targets 5336. Take out 5336 targets 5326 / 5317.
NQ
Overall conditions quite bullish.
No bullish close but a value shift higher, so I can’t really be bearish until acceptance back below the VAL 18902 is found.
Depending on where we open, our best reference would be 19049, the spike base.
Open / bid above 19049 targets 19123-19148. Take out 19123-19148 targets 19180.
Open / offer below 19049 targets 18923-18950. Take out 18923-18950 targets 18902.
Stay Frosty!
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