Mid-Week Review

Mid-Quarter Flips

Good evening!

The time has finally come and we’re entering our mid quarterly flips. Ranging from November 14th-18th-21st. This means the next few sessions could imply both range and volatility. This wouldn’t be the worst case considering the tight zone-bound sessions we’ve had, with slight channel entries. Odds weren’t very high for the beginning of the week in terms of breaking major range (beneath 5981-5985-5988 or above 6041.50-6052) anyway. Now that we’ve finally pinned in a better area, above 5006-5009-5012, at 5018.25, we have slightly better odds to finally clear core areas this time and just in time for November 14th.