Friday’s 5,933–6,023 vary anchors right this moment’s playbook. Watch 5,992 because the pivot for upside targets at 6,000, 6,010, and 6,023 or draw back probes into 5,980.75, 5,962.50, and beneath.
1. Each day context
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Vary reminder: Friday’s excessive at 6,023 and low at 5,933 outline the important thing weekly bracket.
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Pattern bias: Nonetheless inside an general uptrend from June 3 lows, however short-term momentum has stalled slightly below 6,000.
2. Key ranges to look at
Stage kind significance
6,023 – Friday Excessive – First resistance; vary cap.
6,010 – Minor Excessive – Brief-term goal if 5,992 holds.
6,000 – Spherical Quantity – Psychological barrier.
5,992 – Friday POC (mild blue)- Pivot: maintain for bullish bias.
5,980.75 – Assist – Quantity-profile help from Friday.
5,962.50 – VWAP Mid (crimson) & Each day VAH (yellow)- Main intra-day help.
5,946 – Friday VAH low – First sell-off goal if a breakdown happens.
5,933 – Friday Low – Full vary check; new longs solely on maintain.
3. Bullish state of affairs
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Maintain 5,992 POC in London open.
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Goal 6,000 space for preliminary profit-taking.
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Extension to six,010 & 6,023 if shopping for strain sustains.
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Breakout above 6,039 (each day higher certain) opens run to six,070+.
Entry: Aggressive longs off 5,992–5,980.75 zone.
Stops: Just under 5,980.75.
4. Bearish state of affairs
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Failure underneath 5,992—rollover alerts.
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First help check at 5,980.75.
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Deeper pullback into 5,962.50 (VWAP mid / VAH).
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Break beneath 5,962.50 targets 5,946, then 5,933.
Entry: Brief triggers underneath contemporary 5,992 breach.
Stops: Above 5,992
5. Session movement and execution
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London session: Assess power at POC (5,992).
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NY open: Verify break or maintain—use higher-timeframe VWAP and quantity clusters for conviction.
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Each day shut: Monitor response into 5,962.50: maintain bullish case; reject alerts deeper correction.
Backside line
Sustaining Friday’s vary places 5,992 on the Focus of right this moment’s directional bias. Maintain it, and look to revisit 6,000–6,023; lose it and anticipate a slide towards 5,962.50 and beneath. Trip the pivot and handle danger round these outlined ranges.
(This evaluation is for informational and academic functions solely and doesn’t represent monetary recommendation. All the time conduct your individual due diligence earlier than buying and selling.).
