Nice structural ques once again!
1) Overnight session news look down and fail below 3 day balance shifts odds to buyers -- Check
2) Morning low 7:00, no sellers and watch out for upside -- Check
3) TICK rising while price bases at session highs at 8:00 for a push higher -- Check
4) Move up just shy of prior day's two day range highs, and consolidates above VWAP with TICK MA firmly above zero (and rising) -- Check
4) Price explores above prior day highs as entry in consolation is the trade of the day! -- Check
5) Watch the hell out at the minor high zone, as any messing around in this zone will trigger a sell response. The current regime is to sell highs and buy lows -- Check.
And a blip push higher very late session closed it on highs. Today's range elevated 7.75 points to 23. Not huge change.
Despite the session grind higher, it's still inside range. All time highs just a few points above. At least a look above one would think.
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