There was a high probability 3:30 AM timing window today. However, this timing and market structure was not respected so far this AM and additionally the move overnight was too strong for such a structure. Impulses on short-term charts and potential emerging ones one medium term charts suggest move may need some time to metabolize. Yesterday, followed projections nearly exactly - with the low triggering around mid-day as posted in real-time in the lounge and contrasting bearish views expecting breaks to new lows. Presently, it is time for bears to be careful for a few days.
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