Intraday trend on 15m/30m remains down. The 6,396–6,407 band is the pivot/decision zone. Tomorrow’s session is dominated by Powell’s Jackson Hole keynote (10:00 ET) — plan around it.
Fundamentals & Risk Clock (ET)
• 10:00 — Fed Chair Powell speaks at the Jackson Hole Economic Policy Symposium. Treat this as the day’s primary catalyst; no new entries 09:55–10:05 per risk rules.  
• Otherwise, the U.S. calendar is relatively light vs. today’s prints; markets will key off the Powell tone and subsequent positioning.  
Structure Map (carry-forward levels)
Resistance / sell zones
• 6,396–6,407 (pivot/decision band) – acceptance above flips bias; failure sends us back inside the range.
• 6,412 → 6,418 – first upside magnets if the pivot breaks.
• 6,433–6,436 – underside of prior distribution (primary cap).
• 6,445–6,447 – secondary cap.
• 6,469–6,471 & 6,476 – upper supply/“failure” lines.
Support / buy zones
• 6,392–6,388 – LVN pocket; moves often accelerate through here.
• 6,386–6,382 – upper demand shelf.
• 6,375–6,370 – NY low cluster/first demand band.
• 6,366 → 6,357–6,352 – deeper HTF shelf if weakness extends.
Preferred Setup (A++): Range-Continuation Short
Take only with confirmation; score ≥9.
• Trigger: First 5-minute close ≤ 6,390.5 after a failed probe of 6,396–6,407, and the next bar fails to reclaim 6,392–6,394.
• Entry: 6,390.5 (MOS).
• Stop: 6,396.5 (≈6 pts).
• Targets:
• TP1: 6,375.5 (+15)
• TP2: 6,366.0 (+24)
• TP3: 6,358.0 (+32)
• Management: Scale ½ at TP1; move stop → BE only after a fresh 5m lower-low or a clean close through the TP1 zone. If no extension within 2×5m bars, cut to half/scratch.
• Disqualifiers: Thick support immediately stacks under entry or a 15m acceptance back above 6,396–6,407.
Flip Setup (A++ if accepted): Acceptance Long above Pivot
Counter-trend unless 15m turns; size accordingly.
• Trigger: First 5-minute close ≥ 6,407.5 and the next bar does not reclaim < 6,405.
• Entry: 6,407.5 (MOS).
• Stop: 6,401.5 (≈6 pts).
• Targets:
• TP1: 6,418.0 (+10.5 from trigger; acceptable given clean path)
• TP2: 6,435.0 (+27.5)
• TP3: trail toward 6,446+ if momentum persists.
• Disqualifier: Quick slip back < 6,405 after trigger.
Timing & Playbook
• Primary trade windows: 09:45–11:30 ET and 13:50–15:45 ET.
• Powell (10:00 ET): Plan around the speech; entries before the print must have exceptional quality, otherwise wait for post-event structure.
• MOC module (15:40–16:10 ET): Use the imbalance as a tiebreaker: modest (<$0.5B) = range; strong (≥$1B) can drive a directional push into the cross.
Fundamentals & Risk Clock (ET)
• 10:00 — Fed Chair Powell speaks at the Jackson Hole Economic Policy Symposium. Treat this as the day’s primary catalyst; no new entries 09:55–10:05 per risk rules.  
• Otherwise, the U.S. calendar is relatively light vs. today’s prints; markets will key off the Powell tone and subsequent positioning.  
Structure Map (carry-forward levels)
Resistance / sell zones
• 6,396–6,407 (pivot/decision band) – acceptance above flips bias; failure sends us back inside the range.
• 6,412 → 6,418 – first upside magnets if the pivot breaks.
• 6,433–6,436 – underside of prior distribution (primary cap).
• 6,445–6,447 – secondary cap.
• 6,469–6,471 & 6,476 – upper supply/“failure” lines.
Support / buy zones
• 6,392–6,388 – LVN pocket; moves often accelerate through here.
• 6,386–6,382 – upper demand shelf.
• 6,375–6,370 – NY low cluster/first demand band.
• 6,366 → 6,357–6,352 – deeper HTF shelf if weakness extends.
Preferred Setup (A++): Range-Continuation Short
Take only with confirmation; score ≥9.
• Trigger: First 5-minute close ≤ 6,390.5 after a failed probe of 6,396–6,407, and the next bar fails to reclaim 6,392–6,394.
• Entry: 6,390.5 (MOS).
• Stop: 6,396.5 (≈6 pts).
• Targets:
• TP1: 6,375.5 (+15)
• TP2: 6,366.0 (+24)
• TP3: 6,358.0 (+32)
• Management: Scale ½ at TP1; move stop → BE only after a fresh 5m lower-low or a clean close through the TP1 zone. If no extension within 2×5m bars, cut to half/scratch.
• Disqualifiers: Thick support immediately stacks under entry or a 15m acceptance back above 6,396–6,407.
Flip Setup (A++ if accepted): Acceptance Long above Pivot
Counter-trend unless 15m turns; size accordingly.
• Trigger: First 5-minute close ≥ 6,407.5 and the next bar does not reclaim < 6,405.
• Entry: 6,407.5 (MOS).
• Stop: 6,401.5 (≈6 pts).
• Targets:
• TP1: 6,418.0 (+10.5 from trigger; acceptable given clean path)
• TP2: 6,435.0 (+27.5)
• TP3: trail toward 6,446+ if momentum persists.
• Disqualifier: Quick slip back < 6,405 after trigger.
Timing & Playbook
• Primary trade windows: 09:45–11:30 ET and 13:50–15:45 ET.
• Powell (10:00 ET): Plan around the speech; entries before the print must have exceptional quality, otherwise wait for post-event structure.
• MOC module (15:40–16:10 ET): Use the imbalance as a tiebreaker: modest (<$0.5B) = range; strong (≥$1B) can drive a directional push into the cross.
If you want to contact me here is my Discord channel discord.gg/wPHfYgv892
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you want to contact me here is my Discord channel discord.gg/wPHfYgv892
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.