🧭 Cycle Day 2 Context: MATD Balancing
After CD1 weakness and a close near lows, expectations were set for mean-reversion-type action, and the session didn’t disappoint:
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✅ Early Bull Bias: Pre-RTH Bull Stacker and textbook D-Level tag set the stage for long entries.
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🧱 6275 Line in the Sand (LIS) was the pivot — reclaim early, then rejection later.
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🌀 Opening Range Midpoint (ORMP) provided classic battle zone tension.
🔥 Morning Volatility Spike: TTBs Incoming!
Trump (unofficial co-market maker?) lit the fuse:
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🧨 “Fire Powell?” rumors shook things mid-morning.
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🧨 Draft Letter sightings via NYT and CBS—market reactions were fast and furious…until they weren’t.
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✅ Bear Shift + Rejection of 6300 opened the trapdoor to lower range edges:
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Target Hit: 6245 🎯 — textbook fulfillment of downside projection.
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🎯 Key Market Structure Notes
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📍 Money Box (MB) Levels acted as magnets and reversal zones.
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📊 D-Level + A4/A7 Zones saw rotation and setups.
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📈 Bounce off MB was textbook — sweet spot for disciplined entries.
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🔄 Volatility favored A7/A10 extensions for second-half trades.
🛠️ PTG Toolbox in Action
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DMI Configuration: Preferred over standard ADX/DMI, intuitive for directional conviction.
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Cycle Framework: CD2 consolidation played out perfectly.
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ATR Zones: Used smartly for bounce/reversal setups.
🧵 Trader Chat Highlights
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🎉 New member PeterN got the warm PTG welcome.
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💡 Insights shared: “Don’t chase”, “Note setups on the chart”, “Let the structure come to you.”
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🤯 Commentary Gold: “When price action gets boring…you can always count on a Trump Tweet Bomb (TTB).”
💣 End-of-Day Fireworks
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🏁 MOC Sell Imbalance: $1.6B tipped the scales bearish into the close.
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🧭 CD2 narrative complete: balance, fade, reversal, rotation—a masterclass in market rhythm.