Hi, there is a prev 1hr sw hi zone = pot rbs there from 11th Sept last. 1hr x 2 below

...201% of 30 dar adr reached @ current dly lo - needless to say 1hr, 2hr, and 4hr osc's all v. o/s !

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...just back till the U.s data. Some demand then in the prev 1hr/4hr sw hi zone = pot rbs in the 2 x fibs and Mthly S1 cluster. 186% of 30day adr traveled so far today, and 179% 13wk awr so far this week. Look at that last 4hr closed candle! What ...

Hi. Not sure I'd describe that prev 1hr/4hr sw lo zone = pot supp as a 'key level,' (wether it offers support or otherwise.) The more 'key level' is surely the prev 1hr/4hr/dly/wkly sw lo zone = pot supp that extends down to 3001?

...dly looking like this right now; dly below

It's not universal re $ strength across all instruments/asset classes, so more likely to be Bailey's comments re '...sees the chance of a more aggressive rate cut...' Who knows!? 4hr below

...the 2.618% of y/day's lo to y/day's last p/back hi move, ie 3236-3304, is @ 3127. Mthly S1 3107, Wkly S3 3082. Downside fibs below.

Hi, yeh 'knife thru butter' re those potential supports right now, although price is now well extended from the point of view of the 30day adr and 13wk awr at least, and beyond Dly S3 etc.. Nice though when the 'Big M' and 'Big V' visit - momentum ...

...price drops into a lower prev 1hr/4hr sw lo zone = pot supp @ current dly lo. Price is south of Wkly S2/Dly S3, and the move down today so far is the 2nd downside b/o of last wk's lo. Mthly S1 is @a/round 3107, and wkly S3 @/around 3082. Next pot ...

G/M, Y/day's bearish 'inside bar' dly candle followed by an immediate sell-off in Asia and an edge of the cliff drop off in late Asia/early London, for a 1st downside b/o of the Asian lo, and already past Dly S3. Price @ current dly lo testing the ...

...almost 61.8% of the day's present main upmove given back @ the current p/back lo of that move. That 1hr bearish hidden div I mentioned a few hours ago (with the proviso re next higher t/f context,) is shown below. 1hr, and 1hr below

...Just an update (more added lower down) re downside fibs. The ones in bold are of probably more significant swing lo-hi's, but you know what it's like with fibs, it can be so subjective. (Before I start trading each day I generally like to have @ ...

Yeh, price could well test it - y/day's (the current wkly) lo. It is of course still in that prev 4hr sw hi zone = pot rbs. Below that of course another prev 1hr/4hr sw lo zone = pot supp still in that zone, with a 3 fib cluster just below it @ ...

...took a bounce just a pip under a prev 30min minor sw lo zone = pot supp @ the 50% of today's Asian lo/current dly lo - current dly hi move. 1hr below

...2nd 30min upside b/o of Asian hi proves false, as sellers come in @ current dly hi. Asian lo presently remains the current dly lo., and is above y/day's / current wkly lo. 30min rising wedge present,? possibly even a 4hr bear flag (of sorts?) 1hr ...

Hidden

Hi, you know they say economics is the art of explaining today what happened yesterday lol,! well maybe y/day was a reaction to the unfolding Israel/Lebanon/Iran thing, and a continued reaction to Jay Powell's remarks the evening before? Anyways, ...

...next fib cluster to downside below y/day's lo - a 3 fib cluster 3218-14. There are three (number) fib clusters going up above current dly hi - the 1st being 3307-13, a 4 fib cluster. There is a repeating pattern of bearish hidden div on my 2 x ...

...so that wide prev 4hr sw hi zone = pot rbs did indeed hold more demand/rbs @ y/day's lo just above the 1st attempt on it as rbs. It has certainly been a difficult rbs zone for the bears to break thru, from above it, with multiple tests of it now. ...