🔑 Key Notes
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Early session: Ultra-precise tag of 6719.30 Cycle Day 3 Penetration Target.
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Market opened with sell-side dominance, testing the LIS at 6675.
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Buyers stepped in near SPX 6620 / ES 6680, defending with responsive flow → upside targets worked toward 6710–6720, with stretch potential into 6760.
⚖️ Intraday Dynamics
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Price action oscillated around VWAP mid-zones, creating choppy “grind” conditions post-lunch.
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Traders emphasized patience: “Not trading is a trade.”
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Strategic shift mid-session: flexibility to probe long side after early weakness.
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NQ strength noted, pushing through R2, with some chatter of 25k magnet.
📈 Trader Flow
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Multiple scale trades executed between 6680–6710 zones.
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Stackers discussed as effective for swing setups, especially on non-trending days (pre-Options Expiration).
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Some frustration with missed signals but discipline reinforced: “no guessing, no feelings.”
🔔 Closing Tape
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MOC Sell Algo engaged with a $2B imbalance, feeding “the pigeons.”
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Market settled near mid-VWAP, completing a solid 3-day cycle rotation.
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Call-out: Tomorrow = Capital Preservation Day ahead of Options Expiration.