🧭 KEY LINKS:
🎲 Cycle Day 3 – The Wild Card
“Do not be either a Perma-Bull or Perma-Bear…Be a ‘Jelly Fish’ and simply Go With the Flow!” – PTGDavid
🕶️ Morning Action:
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✅ Overnight delivered the 6335 downside target with ultra precision.
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📌 CD3 opened above CD1 Low (6323.25) — historically bullish (~91%).
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🎴 Declared a “Wild Card” Day, signaling high potential for direction shifts.
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🟨 Line in the Sand (LIS): 6350
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🔻 Short lean initiated against 6350 with the A4 short setup in play.
⚙️ Midday Mechanics:
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🧱 Market played inside the sandbox 6320–6330, stabilized after the early drop.
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🧊 Tagged CHOP ZONE mid-morning:
“You Have Crossed Over Into The CHOP ZONE”
📸 Chop Zone Visual -
🧩 Great Q&A: Traders discussed entry signals, timeframe alignment, and reversal tells.
🔄 Afternoon Recovery & Shenanigans
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🎯 Bear scenario held 6335–6330 beautifully.
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🟩 Bulls staged an afternoon recovery, reclaiming the Open Range Midpoint (6343).
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🎁 Money Box Reversals getting “too easy” — textbook range reversal back to prior close (6348.50).
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🚫 Rejection from 6350 LIS once again.
“…and Down Goes Frasier!” -
🎵 Wild card energy continues with:
📸 Afternoon “Joker’s Wild” Visual
📰 News & Noise:
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💬 Ozzy Osbourne death
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🎸 “Randy Rhoads and Ozzy putting the band back together…”
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🗣️ Powell spoke at 8:30 AM — not much market-moving juice.
💸 Closing Shenanigans:
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🟥 3:50 PM: MOC Sell Imbalance jumped from $490M ➝ $1.2B
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📉 Final candle took a header — summer algo mischief in full effect.
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🧃 Volume @ 3:10 PM: 885k = anemic
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😏 Recap sentiment: “Mice Nutz” + “Summer Shenanigans” = classic PTG sign-off
💡 Key Takeaways:
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🧠 Wild Card Days require mental flexibility — don’t cling to bias.
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📍 LIS (6350) acted as perfect pivot marker — short setups against it paid multiple times.
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🧭 Sandbox zones help define context when direction stalls — wait for confirmation, not guessing.
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🔍 MOC imbalances can spike volatility into the close — watch 3:45 PM and beyond.
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💼 Deliberate Practice matters — trade the setups, not your emotions.