Hey folks -
In the morning, I sent a chat room update where I thought we could trade up to 4517 area if we closed the IB above 4500. The IB close was a couple of ticks above 4500 and shortly thereafter, we traded up to that level.
This is the weekly level and not surprised we found some sellers there to trade down into 4490 area and closed the sessions slightly above 4500.
If you have not already, make sure you install the chat room and you are able to get updates from me whenever I post them.
I had some other good calls as well like TSLA and GME amongst others which can be read in the plan from last night.
Levels for tomorrow
Key level tomorrow remains from the weekly plan as they have held today.
Scenario 1: I think as long as we hold 4517 as resistance, there may be a tendency to test lower levels around 4460-4470.
Scenario 2: The bulls need to take out 4517 for bullish price action in my view.
At time of this post we last traded around 4505.
~ Toc
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