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at the moment, if overnight selling continues I think we see a daily bar bottom wick around 30,502. Thesis invalidates if we reverse long before that. ES is in the middle of this fat shelf with a bunch of jagged edges - one of those could be support but I'm betting on prior day VAL a little bit

Message transcribed from Discord; chart attachment unchanged. Historical analysis, not an established trade result.

So with this profile being heavily D shape bias, I think we're going to at some point break down lower. WE rejected the trendline on ES, and I think if we take out 29,566 that the market will eventually cycle for new lows. That being said, this profile could be consolidating for the entire night. We also left a fat 4hr top wick and didn't retest much of it. What I was eyeballing was something liek that, but its also possible we just reject off this value area we are building for lower. I do want a little fakeout liquidity grab above the highs to get a larger top wick down candle tho

Message transcribed from Discord; chart attachment unchanged. Historical analysis, not an established trade result.