02/29 Intraday Auctions

NQ : 17960 - 18015 : This area has the makings of a Key Decision

This Playbook won’t fit all activity, but I would expect it to fit this one.
Intraday Longs favoured above
Intraday Shorts favoured below

Once the Range is broken, I would expect further Trend.

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02/22 Intraday Auctions

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Unwind — [Short - Short] [Short/Wrong] [Long]

17960 : Bearish can continue
18015 : Navigational Pivot
18055 : Bullish can continue

Was Trading : 17980

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The Market experienced two unique auctions this session. They are marked above.

1. Before I begin, it’s important to understand TimeFrame of Trade

2. I allow Price to fill in my blanks, sometimes I understand quickly, and sometimes I have to let it cook. Today was a session of the later.

Being Short from Higher (18055 / 18065) allows mental capital to be reserved at lower prices. I’ve seen the reversal posted at lows before, and I like it; but I won’t necessarily change my mind in time : and n’or should it be expected.

I shared my plan where I thought the Market can go : given the new-found information + positioning.

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18015 was called to be bullish above for Intraday Auctioning.

Buyers immediately captured this Stronghold and it survived Power Hour.
Personally I only got the memo after the break and re-bid of 18015.
This was ultimately the tape I needed to catch a flip long on $SPX.

I was lucky, but I’ve seen this tape before. Same events occurred recently too.

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I deliver plans when I have a Pulse // I recap sessions where I can add value // I’m off X.

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