Key Links:
🌀 Cycle Day & LIS
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Cycle Day 2
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Line in the Sand (LIS) = 6505
Overnight drift pushed higher into 6520–6523, fulfilling the initial target zone. Traders were warned: expect a waffle-fest until inflation data clarifies the Fed’s next move (Sept 17 FOMC).
📊 Market Dynamics
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Target Rate Probabilities:
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89.4% → 4.00 – 4.25%
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10.6% → 3.75 – 4.00%
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Early Action: Manny’s setups delivered surgical fades and scalp triggers around 6502–6508.
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News Shock: Labor Department revised -911K jobs, the biggest downward payroll revision on record. Gold spiked, then dumped. NQ & YM shook out traders.
🎯 Scenarios (Both Fulfilled!)
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Bullish: Hold above 6505, run to 6520–6525 ✅
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Bearish: Sustain below 6505, flush to 6495–6490 ✅
Both sides got paid – a rare two-front battle victory.
🏆 Trader Highlights
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Bo captured fills like a sniper on RTY & YM → awarded the KEWPIE Award 🎖️
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Manny streamed AM trades → discipline sharpened under “imaginary audience pressure” 🎥
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Afternoon fade gave way to MOC $2B BUY imbalance, fueling the final assault on HOD.
🖼️ Images Shared
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Fib Cluster Mapping:
🪖 Battlefield Recap
Today’s skirmish was classic cycle day trench warfare: LIS 6505 was the contested ridge, both armies (bulls & bears) fought for control and each achieved their objectives. Afternoon reinforcements (MOC imbalance) tipped momentum bullish into the close.
Tomorrow brings PPI data – expect fresh artillery.