Welcome back everyone!
Today was a great session based on the futures and stock levels once again. This has been an incredible week even after being bullish at the end of last week. Every single session there are clear moves coming directly from the long and short levels. Early in todays session we once again had strong selling which put in a low at the short targets of the Emini and Nasdaq. Here is the chart for the indices with last nights levels included:
![](https://substackcdn.com/image/fetch/w_720,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2ecf691e-e5d5-49d5-98c6-b48f9597338f_3286x1792.png)
![](https://substackcdn.com/image/fetch/w_720,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F7b6b84ee-541f-43f5-ab50-b5afc95f03dd_3286x1792.png)
Selling in the morning fueled new lows also in stocks which saw sharp selling from the short levels. Even reversing and offering another short setup at the end of the session. AAPL, NVDA, and MSFT all saw strong selling with no upside above the short levels. On the other hand, TSLA and AMZN saw spikes up through the long level but failed to post any continuation. I want to note that TSLA is primed for a strong move to the upside if we can see price break above 226 which is just above the VAH of these last two sessions. Large gap above and if PCE comes in negative or even below expectations I think we can see a strong push higher tomorrow and target 239 early next week, potentially hit this target tomorrow.
![](https://substackcdn.com/image/fetch/w_474,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F003be8fd-cb7f-49db-9da6-ae664b27ede4_3286x1792.png)
![](https://substackcdn.com/image/fetch/w_474,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff9805c9c-de44-4408-86dc-e69ad40ec068_3286x1792.png)
![](https://substackcdn.com/image/fetch/w_474,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa5c37996-32ec-4f71-a1fb-4440c71ff6e2_3286x1792.png)
![](https://substackcdn.com/image/fetch/w_720,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F19a7df8e-d947-497c-b58d-4d22760c5b98_3286x1792.png)
![](https://substackcdn.com/image/fetch/w_720,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe8956392-2914-4cfc-819e-6508745db12d_3286x1792.png)
Time to move on to my analysis for tomorrow!