Pre-market Tour

Proper context can start the day with a solid win and make all the difference.

DAILY SCHEDULE
First, watch the pre-open Tour recording HERE <<==
IT SEEMS THAT ADOBE ALREADY PUSHED ITS UPDATE. THE ADD-ON LOADS VERY SIMPLY IN ONE CLICK, BUT PLEASE CONTACT ME IF YOU ENCOUNTER ANY DIFFICULTY
Then, meet in the chaRTroom here by 9:15 ET for updates and Q&A

Through the prior close…
Wednesday’s post-close plunge wasn’t actually rejected. And it was only eventually retraced. And it was retraced too late for Thursday’s gap up to attract reinforcements. A post-open drop stopped optimistically short of testing overnight lows, so a mid-morning bounce was retraced entirely back down to the morning’s low. Which was still optimistically short of a relevant level. But distance from the plunge hadn’t softened its shock to the system, at least not enough to allow trending through the afternoon.

Overnight action’s new info…
While the afternoon was unable to trend, it did firm. Post-close action surged, as if a short-squeeze. But it greeted the Globex open back up at the “pivotal downtrending resistance.” And Globex has only trended down from there. Yesterday’s 2458.00 lows were soon tested and provided support. It was being retested again at Europe’s opens and has since probed lower twice. Now Wednesday’s 2455.75 plunge low is being retested.

If, then…
[I’m still seeing slower relative volume in the Dec ES contract than is normal during rollover. But I’m rolling coverage forward to Dec today anyway. It’s trading at a 6-7 tick discount from Sep]… Think of the space just under yesterday’s ~2458.00 lows as quicksand. Currently indicated to gap down there, the opening setup would have little time to reverse back up before being swallowed. Perhaps more like a sinkhole, the effect could be much more sudden. The Friday Factors of impending illiquidity may leverage the air pocket of Tuesday afternoon’s bounce to quickly revisit that afternoon’s ~2444.00 low. And there’s no bullish reason to revisit it, so any lower through a relevant window could become even more aggressive into the weekend. Otherwise, quickly reversing the open’s back up before being swallowed wouldn’t marginalize sellers until recovering positive territory. So, treading water all morning in slightly negative territory would remain vulnerable to an afternoon collapse.

First Trade…
[Click here to view the Bias parameters] Exiting the open at 9:45 above 2462.50 would be unlikely to trigger the 2459.00 bias-down signal at 10:15. Exiting the open under 2456.00 would be likely to trigger bias-down.

Phonetic dictation…
good morning welcome it’s Friday at Sanford Friday’s Morning Market areas are going to see in just a few minutes this may be a very impressive session if sellers can get anything going at all here there is a very big risk of going to get a lot going and we’re not talking about just a little blip down we’re not talking about just testing prior Lowe’s or any kind of Unfinished Business it certainly that’s all possible but there’s a very real path down in a very substantial way that we would know where the high degree of certainty actually or at least reliability let’s say very quickly at the open if it’s coming and even if it isn’t very obvious at the open and another words with the open avoids already getting involved in something very distributive and very aggressive the balance of the morning may simply tread water hold barely in negative territory but not Rally and keep alive the vulnerability to a collapse in the afternoon what’s enhancing that is Friday factors the impending two days of illiquidity has a different spin on things we use that to Advantage yesterday in knowing sort of I guess but in knowing that yesterday when yesterday depth let’s get rid of its back out the other night spoiler alert we turned it down all right which it stopped optimistically short under the overnight Tuesday afternoon play first of all yesterday’s balance remember this little right here where my cursor is this little balance is not even the balance so much as a return to the afternoons high this probe above it that extended that bounce to the shorts sorry I threw the position scoring window is have a short squeeze right back up to resistance of downtrending pivotal resistance and since then really I mean there’s a little blip up it since then price action is just trended down pretty quickly right back down to or to attack Thursday’s Lowe’s that didn’t get anywhere in here just a little bit further we get into Europe’s opens your abs opens were greeted probing lower and finally extended back down overnight 2 for the first time to ask Wednesday’s plunge low Wednesday nights plunge low so it’s one of the other one is and probably at that point and if something gets going here through the morning we could cover some significant ground and get there pretty quickly as far as the upside if in fact the opening weakness and for this opening week nishil pre-open overnight weakness even persists into the open if we’re not already rally and we don’t have any high-profile economic reports coming but if somehow price Rally’s then the key will be in weather that rally gets out into positive territory right now we’re basically down here at 5750 get out and positive territory get out of this downturn in pivotal resistance and is really a lot of upside from that or at least the assured part of the outside to get back to Friday’s Gap or its highs even but again we could spend the morning just treading water in slightly negative territory and still be vulnerable to an afternoon collapse maybe more so can I have a cell signal today precious metal Silver is extending hires I said overnight also from testing its Roman support 1790 from a multi-session range yesterday was a break out today is setting up to be it’s confirmation precious metals are targeting the roof all right the Long Barn had a pullback have a very shallow fullback it actually targeted a little deeper which would have been more constructive before recovering but anyway I can’t step in front of that can’t step in front of .

Proper context can start the day with a solid win and make all the difference.

DAILY SCHEDULE
First, watch the pre-open Tour recording HERE <<==
Then, meet in the chaRTroom here by 9:15 ET for updates and Q&A

Through the prior close…
Wednesday’s 5-8 point gap up wouldn’t suffice to make the session bullish. The open immediately tested Tuesday’s 2465.00 prior high, and extending through it would have made the session bullish. But the resistance held, including a test of the 2466.75 bias-up target. Reacting down to 2458.25 was recovered to fresh afternoon highs at 2469.00. But that was all but doomed to failure since fresh highs didn’t extend when the bias environment began lapsing. Then the close slipped back under the morning’s high to 2465.00, which further undermined buyers, who were already labeled weak-handed by an “inside day” that was biased-upward.

Overnight action’s new info…
Wednesday’s last dip had triggered a sell signal under 2565.50 that targeted a fresh session low had it been triggered earlier. Globex opened with an 8-point spike down to 2457.50, a 50% retracement of the rally from Tuesday’s low, immediately fulfilling the sell signal’s objective of probing under Wednesday’s low. It also immediately settled around 2461.00-2460.00, and then extended back up to 2464.50. Europe’s opens was greeted back down at 2461.00-2460.00, which also recovered — this time back into positive territory at 2467.25 ahead of the ECB statement.

If, then…
Gapping up Thursday could have served by proxy as if Wednesday’s close were stronger, the product of reinforcements, albeit late. Gapping down sufficiently could have had a similar effect, for inverse reasons — adjusting price to a level that would attract strong-handed buyers. The latter scenario is less likely since that recovery has already expended its energy, so opening weakness would now be likelier to extend down. Gapping up is similarly hindered by the latest leg prior to the ECB statement. Gapping up would still get a benefit of the doubt, but reversing it or simply opening weaker may spend the morning drifting back down to overnight lows.

First Trade…
[Click here to view the Bias parameters] Exiting the open at 9:45 back under 2459.00 would be likely to trigger the 2461.00 bias-down signal at 10:15. Exiting the open above 2462.75 would be unlikely to trigger bias-down. Exiting the open under 2466.00 would be unlikely to trigger the 2469.00 bias-up signal.

Phonetic dictation…
good morning and welcome it is Thursday it’s time for Thursday’s morning market tour little housekeeping look for instructions today regarding this Dobby product notification they’re doing some sort of an upgrade to their ad on and I’ll have instructions in a blog post try to make that pretty visible otherwise we started a philosophical question and are actually from Tuesday’s low you can see to the spike low that was a 50% retracement the central aid from yesterday’s high so some natural support their it’s not the greatest support I would have preferred to be buying this morning or having the opportunity to buy 6180 or Trey Smith especially after having bounced off the 50% dipping to the 6180 retracement 5450 would have been a lot more attractive you know today because because yesterday buyers didn’t gain traction for the reference today gapping up above yesterday’s I would have indicated reinforcements arrived strong handed reinforcements that’s one way to overcome buyers not gaining Traction in their rally effort another way to overcome buyers not gaining Traction in the rally effort is to take price down to where stronger handed buyers would be interested that would have been 5450 so it’s tough to get bullish here no we do have this morning and it’s got to be inhibiting so that’s about to be announced and then there’s the Mario draghi press conference so what we’re looking at here red put in a play the next hour so dragons at cetera and certainly being tested here I had a b c d Looney’s impossible pattern to justify stepping in front of other than for sale retracement back down to lower prioritize given that opportunity to buy a test of to of Monday size 8179 I would certainly be interested in doing that and of course the Euro which completed a correction the measurements previously let me know if you need to see them again it’s been somewhat of coiling back up to it that these are inside days that are there not terribly by step word which is why we don’t regard them as buyers being weak handed in other words buyers producing intraday uptrend but not getting anywhere for the effort because they’re inside days you know I guess they for instance that trended down if anything so there’s still skepticism in here if not at least restrained optimism and that doesn’t necessarily so much as their not being any downside requirement so really at this point that’s going to get it labeled anything above basically 11971 1965 is likely to retest last week size overnight on that has yet to be repeated but it’s likely to be repeated actually so long as the support silver holding 1790 again and again and again that was the target of the rally which was leapfrogged over hasn’t been rejected and so it’s formed a congestion it’s likely to bring price back up to in case of a negative reaction which job at this point we’re price is right before so long as it’s not overly optimistic it is essentially a position of strength that can at least or would at least be likely to absorb a reaction dad especially so long as it holds 295 and that’s what makes 295 exit 94 95 likely to hold if tested because any lower would be more bearish .

Proper context can start the day with a solid win and make all the difference.

DAILY SCHEDULE
First, watch the pre-open Tour recording HERE <<==
Then, meet in the chaRTroom here by 9:15 ET for updates and Q&A

Through the prior close…
This Tuesday’s reaction to the latest N. Korea missile was decidedly different than last Tuesday. Post-open action didn’t rally, and overnight lows were probed. At least recovering to close back above the 2460.25-2461.25 overnight lows could have isolated intraday sellers, but they proved too strong-handed. And that was despite having trended up since exiting the noon hour off of 2445.50. An uptrend that nearly fulfilled an attraction to “higher prior lows” at 2461.00.

Overnight action’s new info…
Extending after the cash session close came within 2 tick of 2461.00, and its reaction slid to 2456.50. Recovering to fresh highs through Europe’s opens extended to 2463.25, which also reacted down to 2456.50. Now 2461.00 resistance is being retested.

If, then…
If Tuesday morning’s drop had satisfied selling pressure, then the session would have closed above a relevant level. It didn’t. Sunday night’s 2460.25-2461.25 lows were higher, and Wednesday’s 2460.00 prior highs were only overlapped, and not until the final minute(s). So, the market has 2-3 choices — down, down, or up. Flat like the overnight range isn’t likely to be repeated intraday. Reversing down this morning is likely, whether to extend the decline, or to try forming a better base for launching a recovery. Extending up would be credible if begun by gapping open above relevant resistance, which is essentially this morning’s 2466.75 bias-up target. Only triggering the 2461.00 bias-up signal would be suspicious.

First Trade…
[Click here to view the Bias parameters] Exiting the open at 9:45 above 2464.00 would be likely to trigger the 2461.00 bias-up signal at 10:15. Exiting the open under 2459.00 would be unlikely to trigger bias-up.

Phonetic dictation…
good morning and welcome it is Tuesday at Stanford Tuesday’s Morning Market or hope everyone had a good weekend couple know well maybe one down here at the top Adobe is pushing some sort of a product release or upgrade or update I’m singing notification of it and I’m sure you are too whether you are or not I will have more information on that in the next couple of days it looks like it’s something that we have to implement by the end of the week so I’ll be on that and let you know the market so Friday I made a couple comments at the close comment one was Monday’s holidays really a company to buy significant price action by significant okay so it’s also rarely accompanied by a North Korean missile launch but that’s what it took to get some significant price action which was a tremendous cab down Sunday night notice the influence of a couple things here number one was that the recovery really through Monday morning Monday or Monday at 1 is when the holiday session closed this is that down trending resistance that we’ve been tracking down trending pivotal resistance off the pivotal High bisecting the actual High through the key High it was influential on Thursday to Thursday when is it was influential last week Thursday on Friday afternoon and last Tuesday nights reaction also remained Under Pressure until the open and we expected that to hold in the launcher rally and it did big of a rally as was possible but still being within the context of just a temporary correction what’s to prevent last night or Sunday nights reaction and extension through Monday and last night from also launching a recovering couple things but they’re not decisive first of all last week’s drop as I described or last week’s plunge was able to accelerate and complete a correction that was underway this week is hitting a vulnerability this week is hitting the market that was vulnerable because it’s rally had extended literally expended all available buying pressure without yet proving it was anything more than a temporary correction and higher would have been more than a little correct or more than a temporary correction and would have been able to tell us decisively today this plunge going to be recovered we don’t have that that luxury today last week’s High came right into that sweet spot avoiding the pivotal Heidi actual High being in August the pivotal I haven’t printed that is what was the actual High until being exceeded the pivotal High 2480 50 being attacked but avoided on Friday touching that would have all been insured new rally leg underway will end of the 2500 handle so that sweet spot basically made the market vulnerable to reaction down another difference just to point out that might actually counter-intuitively prevent or inhibitor recovery is that last week’s reaction down was about 21 or 22 points last night’s reaction was a little tamer little less substantial so which is it is the market conditioned to accept it has the market been conditioned to accept a nuclear North Korea which seems to be the political effort underway and so they’ll just sell off and I need your pavlovian conditioning reaction expecting a recovery or with another missile being reported on already working its way to the launch pad and presumably about to be triggered itself there for a bad to produce another plunge shallower as it may be or whatever just waiting for that may be inhibiting a recovering so it’s going to be tough to produce a recovery if everybody’s looking for another launch which last week wasn’t so much the case last week there wasn’t anything out there that was suggesting anything impending and nothing was intended and it didn’t come in till the weekend and now there is something in pending and that may prove that made turn the market more into sellers of strength as opposed to buying this plunge for the purpose of resuming the rally bottom line is I keep an eye on this down training resistance it’ll be displayed on the three minute chart on the left we’ll see where we open right now we’re trading 69 69 is this morning’s biosignals support until it’s broken to break through testing resistance testing and and there’s not a lot of support here back to Thursdays lose because Thursday’s we test of its opening low as chipped away at its support already this kind of an air pocket there so even though 2464 what 2464 is the bias down Target anything lower really doesn’t have much it looks like there’s some blue Kotori support their of course but it’s been tested and retested so not a lot of reliability for preventing and deeper dip and we start falling off the cliff here we’ve got those ahead on Wednesday Tuesday night and Gap Town on Wednesday and reporting that Sunday night’s Gap up to 3953 940 be tested but as deep of or is extracted as this range this congestion is Ben I do think we’re even in the most bearish scenario going to have to test the actual eyes and then reverse down before having any degree of confidence that a new down like is underway Long Pond little jump that it needed from haven’t closed under at least overlapping if not closing under this pull-back limit range so gapping up helps to reject the clothes under it to the degree that was a close under it and not still overlapping it but we still have unfinished business of the Gap up above all prize actually not above the prior rally some overlap hear the dees doesn’t really displayed as well as up that you can see the so on the way to  .

Proper context can start the day with a solid win and make all the difference.

DAILY SCHEDULE
First, watch the pre-open Tour recording HERE <<==
Then, meet in the chaRTroom here by 9:15 ET for updates and Q&A

Through the prior close…
The last calculable corrective bounce limit at 2477.00 was tested Friday. Each of the timing windows testing it held — pre-open, post-open, noon hour and late-afternoon. Gapping up from Thursday’s 2471.00 close spent the entire session in positive territory, but the afternoon retraced the morning’s trending. And Friday’s 2479.75 high held that “sweet spot” we’ve been discussing which is just under July’s 2480.50 pivotal high (the high prior to August’s actual high). Closing 3 points back under  2477.00 wasn’t itself bearish, but it kept the “correction” label on last week’s rally.

Overnight action’s new info…
N. Korea launched another missile over the weekend. Sunday night’s gap down to 2460.25-2461.25 was Globex’s worst levels. Firming into Monday’s 1:00 close touched 2469.00 resistance while fluctuating around the extending July’s downtrending pivotal resistance that had intersected at 2469.00 Thursday. Monday night’s Globex probed higher to 2470.75, twice, each time reacting down to 2465.25. Now the downtrending pivotal resistance is being tested around 2467.50.

If, then…
The latest N. Korea missile launch produced a market plunge like last week’s. Will this week’s plunge launch its own rally, too? There are differences. Last Monday night’s overnight reaction was deeper at 20-22 points, compared to Sunday night’s 13-14 point gap down. But a bigger difference is last week’s plunge fulfilled the target of a corrective dip already underway, while this week’s plunge appears just in time to prevent last week’s rally from exceeding its corrective bounce limits. The launch may not have been targeting that vulnerability in the charts, but it was a direct hit. And last week’s knee-jerk reaction was to a one-off headline, but there are reports already of another launch being prepared. Ironically, its delay may now be the recovery’s greatest vulnerability, as the Pavlovian market is reluctant to buy before the plunge it has now been conditioned to expect.

First Trade…
[Click here to view the Bias parameters] Exiting the open at 9:45 above 2471.75 would be unlikely to trigger the 2469.00 bias-down signal at 10:15. Exiting the open under 2466.00 would be likely to trigger bias-down.

Phonetic dictation…
good morning and welcome it is Tuesday at Stanford Tuesday’s Morning Market or hope everyone had a good weekend couple know well maybe one down here at the top Adobe is pushing some sort of a product release or upgrade or update I’m singing notification of it and I’m sure you are too whether you are or not I will have more information on that in the next couple of days it looks like it’s something that we have to implement by the end of the week so I’ll be on that and let you know the market so Friday I made a couple comments at the close comment one was Monday’s holidays really a company to buy significant price action by significant okay so it’s also rarely accompanied by a North Korean missile launch but that’s what it took to get some significant price action which was a tremendous cab down Sunday night notice the influence of a couple things here number one was that the recovery really through Monday morning Monday or Monday at 1 is when the holiday session closed this is that down trending resistance that we’ve been tracking down trending pivotal resistance off the pivotal High bisecting the actual High through the key High it was influential on Thursday to Thursday when is it was influential last week Thursday on Friday afternoon and last Tuesday nights reaction also remained Under Pressure until the open and we expected that to hold in the launcher rally and it did big of a rally as was possible but still being within the context of just a temporary correction what’s to prevent last night or Sunday nights reaction and extension through Monday and last night from also launching a recovering couple things but they’re not decisive first of all last week’s drop as I described or last week’s plunge was able to accelerate and complete a correction that was underway this week is hitting a vulnerability this week is hitting the market that was vulnerable because it’s rally had extended literally expended all available buying pressure without yet proving it was anything more than a temporary correction and higher would have been more than a little correct or more than a temporary correction and would have been able to tell us decisively today this plunge going to be recovered we don’t have that that luxury today last week’s High came right into that sweet spot avoiding the pivotal Heidi actual High being in August the pivotal I haven’t printed that is what was the actual High until being exceeded the pivotal High 2480 50 being attacked but avoided on Friday touching that would have all been insured new rally leg underway will end of the 2500 handle so that sweet spot basically made the market vulnerable to reaction down another difference just to point out that might actually counter-intuitively prevent or inhibitor recovery is that last week’s reaction down was about 21 or 22 points last night’s reaction was a little tamer little less substantial so which is it is the market conditioned to accept it has the market been conditioned to accept a nuclear North Korea which seems to be the political effort underway and so they’ll just sell off and I need your pavlovian conditioning reaction expecting a recovery or with another missile being reported on already working its way to the launch pad and presumably about to be triggered itself there for a bad to produce another plunge shallower as it may be or whatever just waiting for that may be inhibiting a recovering so it’s going to be tough to produce a recovery if everybody’s looking for another launch which last week wasn’t so much the case last week there wasn’t anything out there that was suggesting anything impending and nothing was intended and it didn’t come in till the weekend and now there is something in pending and that may prove that made turn the market more into sellers of strength as opposed to buying this plunge for the purpose of resuming the rally bottom line is I keep an eye on this down training resistance it’ll be displayed on the three minute chart on the left we’ll see where we open right now we’re trading 69 69 is this morning’s biosignals support until it’s broken to break through testing resistance testing and and there’s not a lot of support here back to Thursdays lose because Thursday’s we test of its opening low as chipped away at its support already this kind of an air pocket there so even though 2464 what 2464 is the bias down Target anything lower really doesn’t have much it looks like there’s some blue Kotori support their of course but it’s been tested and retested so not a lot of reliability for preventing and deeper dip and we start falling off the cliff here we’ve got those ahead on Wednesday Tuesday night and Gap Town on Wednesday and reporting that Sunday night’s Gap up to 3953 940 be tested but as deep of or is extracted as this range this congestion is Ben I do think we’re even in the most bearish scenario going to have to test the actual eyes and then reverse down before having any degree of confidence that a new down like is underway Long Pond little jump that it needed from haven’t closed under at least overlapping if not closing under this pull-back limit range so gapping up helps to reject the clothes under it to the degree that was a close under it and not still overlapping it but we still have unfinished business of the Gap up above all prize actually not above the prior rally some overlap hear the dees doesn’t really displayed as well as up that you can see the so on the way to  .

Proper context can start the day with a solid win and make all the difference.

NEW DAILY SCHEDULE
First, watch the pre-open Tour recording HERE <<==
Then, meet in the chaRTroom here by 9:15 ET for updates and Q&A

Through the prior close…
Is this week’s rally the product of constructive strength, or of excessive optimism? Regardless, the character of each higher objectives test has contained shallower and briefer pullbacks, with less and less pessimism. Tuesday’s close above 2438.00 had only touched 2448.00 intraday instead of closing above it. So, Wednesday’s open still had to absorb weakness before resuming the recovery, despite having rallied briefly overnight to 2454.00. Recovering 2454.00 Wednesday extended to within ticks of 2461.00. Thursday’s gap up leap-frogged over that fulfill 2469.00 through the open. Breaking higher into the afternoon bias environment’s exit extended to 2474.25. It was unusually optimistic ahead of Payrolls, which the market seemed to realize, too, as the close dropped sharply back down to 2469.00.

Overnight action’s new info…
Flat-to-higher ranging has worked its way slowly higher back up to 2474.25 through Europe’s opens. A reaction down to 2471.00 has recovered more aggressively to fresh highs, now attacking 2477.00.

If, then…
The next higher objective is 2477.00. Its test isn’t required, but its test would allow us to infer meaning from its reaction, which wouldn’t otherwise be available. There’s still some meaning to derive from only attacking it. Avoiding its test yesterday and dipping back down to 2469.00 told us the rally shied away from rejecting the corrective bounce label. That keeps the door open today to fresh highs being retraced. Back under 2469.00 through a relevant timing window — especially if 2477.00 were first tested, but not necessarily — could tell us the trend is reversing down. Regardless, a lot of optimism has developed ahead of the Employment Situation report. Granted, it’s significance this month is being downplayed, so not already retracing a favorable reaction or actually reversing down through the open could trend up into the three-day weekend. An unusual econ calendar has several other high-profile influential reports coming post-open, too.

First Trade…
[Click here to view the Bias parameters] Exiting the open at 9:45 above 2474.00 would be likely to trigger the 2472.25 bias-up signal at 10:15. Exiting the open under 2469.00 would be unlikely to trigger bias-up.

Phonetic dictation…
good morning and welcome it’s Friday it’s time for Friday’s Morning Market or its September it’s the last it’s the first day of the month we have a employment situation report coming out in the morning interesting lady that is quite possibly not going to be the most relevant economic report of the day it’s being downplayed considerably that may account for have so much optimism has been developing this week but not so much this week and it we were pretty oversold and there was a pretty negative event with North Korea to stretch that rubber band but this close to the report itself Thursday’s Gap up notwithstanding to Trend up even more so into the prior afternoon not that it was maintained but still that it can be volatile ahead of the employment situation report is unusual it’s unusual to have the employment situation report released around several other reports look at the economic calendar report that I put out the day before you know here’s the employment situation report normally that’s all you’d see and count but the weekly recount but today not only is there it was is being a three-day holiday weekend I mean good just this being a Friday with two days of a liquidity but this being a three-day holiday weekend when we’re going to see a lot of volume disappear after we get through the reactions the mid-morning reactions to the news to the Post open news if the markets on trajectory if it’s got some momentum behind it to extend it can keep going whichever direction it’s already put in a plate alright so I’ll have levels on screen as we getting to be open I don’t usually play crude oil overnight had come within a dime of the 4550 Target and then snapped back up second consecutive are closed today and we will give that every benefit of the doubt that the downside is done at least for near-term purposes of a bigger rally but it’s that makes a pretty critical day if today does not close hire more so if today closes under prioritize like under 4650 then we’ll very much look for the decline to have resumed and Cindy obviously resuming sooner rather than later so critical day today the natural gas which reacted well to the eia report yesterday itself is a breakout needing one more second consecutive are closed today to confirm that the big bottoming pattern we’ve been tracking his done alright let’s in the recording here if there’s any questions go ahead and post .