Key Links:
🔑 Market Notes
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Futures opened 20 bps higher into Jobs + PMI day.
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Cycle Day 2 delivered classic continuation rally behavior.
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Overnight tagged the 6470–6475 target zone, then bulls pressed higher with support at 6450 / 6461 levels.
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Manny nailed the Continuation Long plan, riding pullbacks and layering in fib clusters, reminding us all: “The only absolute in trading is that there are NO absolutes. (Except Absolute Vodka 🍸).”
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By afternoon, Cycle Day 2 target 6495 and Range High Projection 6512.75 were fully fulfilled.
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SpotGamma combo levels lit up at 6511, matched by a $3.0B MOC buy imbalance — the fuel for the late-session surge.
💡 Trading Room Highlights
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Premarket: Mag 7 mixed, with Amazon +1.6% and Meta +1.8% leading.
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Morning session: Choppy trade until PMI, then the 6461 pivot reclaimed and continuation long triggered.
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Midday: Textbook patience – “spend more time planning than trading.” Traders shared wisdom on stops, psychology, and letting the trade work.
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Afternoon ramp: “Nothing stopping this.” The tape ripped into close, completing gamma levels and cycle projections right on schedule.
🏆 Key Levels & Plays
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Support: 6450 SPX / 6461 ES
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Long Triggers: 6463–6465 ES
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Targets Hit: 6476 → 6481 → 6492 → 6495 → 6511–6512 🎯
🪖 PTG Battlefield Scene
Think bulls in full assault formation, shields up at 6461, charging through fib-cluster barricades. Gamma drones laser-painting targets at 6495 and 6511, while a $3B MOC war chest dropped in like an airdrop of ammo to finish the rally. Bears? Left retreating in the dust.
🔮 On Deck
Tomorrow is Cycle Day 3 + NFP Friday — expect fireworks. Gap up? Gap and go? Gap and crap? The only guarantee: it won’t be dull.