Interesting day in that a stronger downwind took over from the opening in both the ES and NQ. I discuss both potential paths - funny how that Minor 4th wave scenario just keeps coming back to force another look.
Interesting day in that a stronger downwind took over from the opening in both the ES and NQ. Starting this morning, I was giving a fair chance for the Call Walls to be broken in both the SPY and the QQQ, and what actually ended up taking place is both ETFs broke below their respective Volatility Triggers late in the session which gave the last stronger push to the lows. I discuss both potential paths - funny how that Minor 4th wave scenario just keeps coming back to force another look.
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