@ralphkrauss@HealthRanger What percentage of society actually needs 100% of an AI’s capabilities? And what percentage only needs AI for ordinary, everyday tasks? That is the right question. Very few people need a ChatGPT Sol or a Fable 5.
#SPX#SPY
For today’s scenario, after the auction broke through deeper price levels during the final part of yesterday’s RTH session and the overnight session, today’s objective is very simple: we need to build value above 7495, which is very close to where price is currently trading before the RTH open, and remain above 7535, our key level. This would be Scenario A.
The idea is for price to hold above that level. If we are unable to break above 7535, Scenario B will likely develop, potentially taking price down toward levels close to 7425.
#QQQ
#update#spx#spy
I made a mistake while trying to write the post in a rush. The key level is 7495 — 7535, as we had previously discussed, would not make sense. My apologies.
Nothing else changes: holding above 7495 would support a bullish scenario targeting 7535. Conversely, if we break below 7495, we would look toward 7425.
Apologies for the mistake in the post!
#SPX#SPY
For today’s scenario, after the auction broke through deeper price levels during the final part of yesterday’s RTH session and the overnight session, today’s objective is very simple: we need to build value above 7495, which is very close to where price is currently trading before the RTH open, and remain above 7535, our key level. This would be Scenario A.
The idea is for price to hold above that level. If we are unable to break above 7535, Scenario B will likely develop, potentially taking price down toward levels close to 7425.
#QQQ
#SPX#SPY
For today’s scenario, after the auction broke through deeper price levels during the final part of yesterday’s RTH session and the overnight session, today’s objective is very simple: we need to build value above 7495, which is very close to where price is currently trading before the RTH open, and remain above 7535, our key level. This would be Scenario A.
The idea is for price to hold above that level. If we are unable to break above 7535, Scenario B will likely develop, potentially taking price down toward levels close to 7425.
#QQQ
#SPX#SPY
My main idea for today and tomorrow is Scenario A: multiple attempts to gain acceptance at higher prices. As you can see, each pullback is becoming shallower, which suggests there is a strong probability that price will eventually be accepted above 7532.
For me, this area would only be considered accepted if we see the auction developing above it for a meaningful period of time.
The key is not simply breaking above the level, but gaining acceptance above it. If value starts building there, price could accelerate through the low-liquidity area. However, if we get a “look above and fail” and price moves back into the range, Scenario B would become active, targeting 7580–7550.
Scenario B would probably take more than one day to develop, while I believe Scenario A could happen today.
$SPX $SPY
Scenario C played out. I call it Scenario C because it was not included in my analysis. I expected price to at least test 7632 as a key inflection point, but 7612 acted as a wall of passive selling throughout the day.
Although the downside levels I mentioned were reached, I had not accounted for a scenario in which price failed to test 7632 before moving down to those levels.
So.. 7575 and 7550 was a good references for today's session.
#SPX#SPY
My main idea for today and tomorrow is Scenario A: multiple attempts to gain acceptance at higher prices. As you can see, each pullback is becoming shallower, which suggests there is a strong probability that price will eventually be accepted above 7532.
For me, this area would only be considered accepted if we see the auction developing above it for a meaningful period of time.
The key is not simply breaking above the level, but gaining acceptance above it. If value starts building there, price could accelerate through the low-liquidity area. However, if we get a “look above and fail” and price moves back into the range, Scenario B would become active, targeting 7580–7550.
Scenario B would probably take more than one day to develop, while I believe Scenario A could happen today.
#Update
Despite the auction moving lower during the ETH session, I am not ruling out Scenario A yet. Its probability will depend heavily on how the RTH session opens, and the scenario could still develop either today or tomorrow.
I would only start ruling out Scenario A over the next few days if the auction gains acceptance below 7575 and continues developing toward the 7550–7540 area.
#Update
Despite the auction moving lower during the ETH session, I am not ruling out Scenario A yet. Its probability will depend heavily on how the RTH session opens, and the scenario could still develop either today or tomorrow.
I would only start ruling out Scenario A over the next few days if the auction gains acceptance below 7575 and continues developing toward the 7550–7540 area.
#SPX#SPY
My main idea for today and tomorrow is Scenario A: multiple attempts to gain acceptance at higher prices. As you can see, each pullback is becoming shallower, which suggests there is a strong probability that price will eventually be accepted above 7532.
For me, this area would only be considered accepted if we see the auction developing above it for a meaningful period of time.
The key is not simply breaking above the level, but gaining acceptance above it. If value starts building there, price could accelerate through the low-liquidity area. However, if we get a “look above and fail” and price moves back into the range, Scenario B would become active, targeting 7580–7550.
Scenario B would probably take more than one day to develop, while I believe Scenario A could happen today.
#SPX#SPY
My main idea for today and tomorrow is Scenario A: multiple attempts to gain acceptance at higher prices. As you can see, each pullback is becoming shallower, which suggests there is a strong probability that price will eventually be accepted above 7532.
For me, this area would only be considered accepted if we see the auction developing above it for a meaningful period of time.
The key is not simply breaking above the level, but gaining acceptance above it. If value starts building there, price could accelerate through the low-liquidity area. However, if we get a “look above and fail” and price moves back into the range, Scenario B would become active, targeting 7580–7550.
Scenario B would probably take more than one day to develop, while I believe Scenario A could happen today.
@XennialTrader I've done some amazing things too. Right now, I have a system where Fable 5 and GPT Sol sit down to talk and find better solutions to my requests... you can try it.
@RobTheGhostProd Totally agree! The noise during the first hour was incredible—indecision, balanced buying and selling pressure, and absorption on both sides.
But a breakeven day is still a good day 🔥
Over the weekend, this was my personal outlook for the week.
So far, the auction has developed exactly as expected. Scenario A has played out cleanly during the first two sessions.
For the rest of the week, I see three possible scenarios:
We continue consolidating within the current range.
We break into new highs and auction higher, establishing value at higher prices.
We rotate lower and develop value at lower price levels.
Tomorrow I'll share a more detailed analysis of these scenarios.
#SPY #QQQ #NQ #SPX
After June's auction tested April's high, buyers strongly rejected that area, preventing any meaningful development around that range.
For next week, I have two possible scenarios:
Scenario A: Price tests the current range's VAH, rejects both the VAH and the nearby LVN, and rotates lower. This is my primary short-term expectation.
Scenario B: Price accepts and develops around the LVN, building value before attempting another move toward the highs.
Within Scenario B, I see two possible outcomes:
B.1: Price rejects the LVN/VAH area, effectively leading back to Scenario A.
B.2: Price holds above those levels, accepts value higher, and continues the auction toward new highs.
#ES_F #NQ_F $SPY $QQQ $SPX
As we discussed over the weekend, the objective was Scenario A: a move into the VAH and the LVN.
I have to admit, though—I didn't expect the market to reach that target in a single session.
The read was correct, and Scenario A played out as expected.
#QQQ#SPY
After June's auction tested April's high, buyers strongly rejected that area, preventing any meaningful development around that range.
For next week, I have two possible scenarios:
Scenario A: Price tests the current range's VAH, rejects both the VAH and the nearby LVN, and rotates lower. This is my primary short-term expectation.
Scenario B: Price accepts and develops around the LVN, building value before attempting another move toward the highs.
Within Scenario B, I see two possible outcomes:
B.1: Price rejects the LVN/VAH area, effectively leading back to Scenario A.
B.2: Price holds above those levels, accepts value higher, and continues the auction toward new highs.
#ES_F #NQ_F $SPY $QQQ $SPX