Follow up to previous idea - JACSince they jumped across the creek exactly at 7:25 (see previous idea for significance of 7:25), it is becoming evident Bulls are in control. Signs of this were there well before today, especially yesterday when they closed on the activation level (S - D @ AUC(S/D) on 7/11, just take S - D = AUC.. the corresponding t seems to be the time where the overhead resistance no longer prevents activation). Can visualize this as jumping across the creek (JAC).
Next will be the markup activation above 3683 now that demand exceeds supply in the local vicinity. This could be our chance to reclaim 4000 by end of week, at which point it would breach the gamma inversion level (not discussed here) and that could provide an environment to sustain this run and make a real move to test the resistance in 4200s. Need some serious momentum to break that.
Expecting break above activation level around 8:30-9AM this morning... perfect time for a catalyst in the form of good news. It can't be a coincidence that these kind of breakouts happen on the full moon, feels like late Jan. 2021 all over again.
AUC is area under the curve but I guess here its really Area Under the Crick.
