Weekly [06/24] Study

My previous Plan called for a change in the Market. Change is here.

Rollover and Key Headlines changed the attitude of this Market. I had previously welcomed higher Prices with the context of “Nothing is too High.”

Context, or at least the tape beneath has newly invited players.

My last release called for ATH back on the table. This idea can still be accomplished, especially “If buying persists, I will not assume anything is ‘too High’”.

The upside march to ATH was called for, Weeks later we’re higher but now with new players in the arena. The Auction at hand has now squeezed local Sellers and is seeking Higher Prices. Should Sellers be attracted here, it will secure a Close below 6145 and retest some structure lower.