I've cloned the 2021 measured move in the two boxes, on the 2023 side yellow line are the same and orange line are the same, the small red box is the same as the june movement .
Actually we have an HH of the year with many stock wich have reached the all time H, we have a gap in 15700 area and two gap to last down movement aroun 14700 and 14600 ....then next week we have big option expiration arpund 14 a 15 september with inflation data on the 13.
at the end this is an idea based on previous measured move and correlation with fibo level an support an resistance . you all know we have gap evrywhere and th mountly candel of agust left a big wick to be filled.
Last experiratio was in june
Actually we have an HH of the year with many stock wich have reached the all time H, we have a gap in 15700 area and two gap to last down movement aroun 14700 and 14600 ....then next week we have big option expiration arpund 14 a 15 september with inflation data on the 13.
at the end this is an idea based on previous measured move and correlation with fibo level an support an resistance . you all know we have gap evrywhere and th mountly candel of agust left a big wick to be filled.
Last experiratio was in june