$ASTS solid response thus far out of the quarterly bullish imbalance. Really can’t afford to slip here or low 50s are at risk.
A few other space names don’t look as good, so it is necessary for me to see some urgency to the upside, which would be the formation of a daily imbalance OR an hourly shift in market structure.
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$OXY might be one of the better setups heading into the second half of 2026, as long as $CL can form the quarterly bullish imbalance.
Price has gotten into a monthly bullish imbalance but has yet to show any sign of urgency to move higher.
First I’d want to see the $CL quarterly imbalance form on July 1, and then I’d like to see a daily imbalance to the upside to form on OXY, which would give some structure for the idea. This is likely a much slower mover as the setup is taking place from a higher time frame.
$PLTR yet another name approaching a major pivot.
Monthly bullish imbalance at 105 approaching. Once we reach that imbalance I will need to see some urgency out of the level with a bullish imbalance forming to the upside.
Failure to form the bullish imbalance and bulls are at the risk of “catching the falling knife” as relative equal lows sit at 63.
I’m optimistic following the tap into 105… just need some urgency!
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X removed the ability to do the video posts with my own posts in the background 🙃 hopefully it comes back @Support
In the meantime, I’ll be posting on @_GalaxyTrading more so I can do the video clips. Follow there 🤝
Scary Hours have begun $NVDA 😱
Must stick situation here inside the monthly bullish imbalance or the risk becomes the relative equal lows at 164.07, which I do think is unlikely on this current run.
Weekly discounted bullish imbalance tagged and the bulls are officially on the clock...