Turning Point

81
Good day Team:
The market has been moving quite mercurial lately.
On the daily on the triple Q we have consolidation that can determine price action upward for the buyers and downward for the sellers. However, we may have some confluences that may possibly favor the buyers.
✅ MACD (CM_Ult_MacD_MTF)
Histogram is turning positive, signal lines crossed bullish.
✅ MACD shows momentum reversal confirmed.
Ideal for a bullish breakout play if price follows through.
Williams VIX Fix (WVF)
Has a confirmed spike (11.97), with declining bars before and after.
WVF confirms a bottom is likely in or forming.
Let's hope for a clean break out, please see chart for key levels and indicators.
🧠 Final Trade Summary:
🔥 Most Lucrative Setup = LONG ABOVE $483.88
Backed by WVF, MACD, momentum, and structure
Only enter if 1H confirms breakout with strength
Stop under $480 (tight) or $468 (wide)
Target $489 → $491 → $500
Skip shorting unless price fails breakout and dumps on volume

Penafian

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