Key Links
🧠 Trader Wisdom
“I have no control over the trade outcomes. I can only control the orders I enter—the orders MUST comply with specific CRITERIA and RULES for entering and exiting trades.”
A timely reminder as August’s thin liquidity tested discipline.
📊 Session Flow
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Morning Chop:
Traders entered with caution, noting the lack of rhythm since last Wed/Thurs. Manny flagged the risk of another <30pt range, while David raised the forecast for high fukery. Early action saw muted volume and defensive rotation (healthcare leading). -
Technical Action:
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SPX levels: oscillation between 6440–6450 GEX/DEX.
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Bear scenario triggered on sustain below 6465, tagging the 6455–6450 zone.
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Internals turned bearish mid-morning, hinting at a possible breakout.
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By afternoon, the NQ Open Range Strategy Sell played out to perfection, all downside targets fulfilled.
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Cycle Day 2 (CD2):
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Lower violation target at 6427 hit.
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Projection low 6421.50 fulfilled — confirming a delayed but decisive CD2 downside resolution.
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David summed it up: “The decline was delayed one day.”
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🖼️ Chartroom Visuals
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☕ Break Time snapshot → Image
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🎯 NQ Open Range Short Targets → Image
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🔮 CD2 Projection Low Fulfilled → Image
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🌀 3-Day Cycle Voodoo → Image
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📐 Fib Cluster Battle (Manny) → Image
⚾ Off-the-Chart Talk
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Manny coaching youth baseball shared a highlight: former Yankee David Wells visiting practice to inspire his teams.
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David (Bostonian at heart) couldn’t resist the Yankee fan banter.
📌 Closing Notes
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MOC Buy Imbalance: $976M tilted end-of-day flows.
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Traders dubbed it: “Taco Tuesday served up a burrito.”
Next up → Wacky Wednesday.