NVDA's April Low Held Through the Weekend. The Bear Print Is
Still Carrying CQI 82+ Conviction.
Friday's evening update flagged that the April low at 191.23
held exactly. Through the weekend it held again - low of 191.22,
a single tick below the level the cheat sheet has identified as
the structural floor for this entire cycle. Price is at 194.50
now, recovering into the thin zone between 191.23 and 196.45.
The Hourly's bear print is now 69 bars old at CQI 82.17, still
holding within a point of where it was Friday morning, still
within two points of its cycle peak conviction. The Daily echoes
it: 63-bar bear print at CQI 60.98, LOW SHORT thesis with FORMING
signal still loaded, Q4 SHORT direction. Both timeframes still
aligned, both still loaded against price.
Resistance: 199.01-199.89 - the broken thesis line, now
resistance from below
Key resistance: 202.20-202.44 - last week's floor zone
Current price: 194.50
Support: 191.22-191.23 - the April low, tested twice now
Key support: 189.66-185.74 - structural shelves below the
April low
Below that: 180.42 - deeper structural zone
Two paths from here:
The double-tested floor becomes the launch: a third test of
191.23 fails to produce a new low, the bear print finally
starts decaying, price builds back toward 199.89 and reclaims
the broken thesis line. The April low held twice for a reason.
The third test breaks it: price loses 191.22 on follow-through,
the Hourly's near-peak conviction finally gets confirmed,
structure thins significantly into 189.66-185.74. Two days of
holding a level usually resolves either into a real bounce or
a sharp break, and the conviction backing the break case has
held steady through both tests.
The Hourly's CQI has now held above 80 for four straight
sessions. That's the longest sustained high-conviction read on
any instrument in this posting series. The system has been
pointing at this level continuously and the level has held.
Whichever direction resolves it will be the most validated
move of the cycle.
---
Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS
Study, not financial advice.
Still Carrying CQI 82+ Conviction.
Friday's evening update flagged that the April low at 191.23
held exactly. Through the weekend it held again - low of 191.22,
a single tick below the level the cheat sheet has identified as
the structural floor for this entire cycle. Price is at 194.50
now, recovering into the thin zone between 191.23 and 196.45.
The Hourly's bear print is now 69 bars old at CQI 82.17, still
holding within a point of where it was Friday morning, still
within two points of its cycle peak conviction. The Daily echoes
it: 63-bar bear print at CQI 60.98, LOW SHORT thesis with FORMING
signal still loaded, Q4 SHORT direction. Both timeframes still
aligned, both still loaded against price.
Resistance: 199.01-199.89 - the broken thesis line, now
resistance from below
Key resistance: 202.20-202.44 - last week's floor zone
Current price: 194.50
Support: 191.22-191.23 - the April low, tested twice now
Key support: 189.66-185.74 - structural shelves below the
April low
Below that: 180.42 - deeper structural zone
Two paths from here:
The double-tested floor becomes the launch: a third test of
191.23 fails to produce a new low, the bear print finally
starts decaying, price builds back toward 199.89 and reclaims
the broken thesis line. The April low held twice for a reason.
The third test breaks it: price loses 191.22 on follow-through,
the Hourly's near-peak conviction finally gets confirmed,
structure thins significantly into 189.66-185.74. Two days of
holding a level usually resolves either into a real bounce or
a sharp break, and the conviction backing the break case has
held steady through both tests.
The Hourly's CQI has now held above 80 for four straight
sessions. That's the longest sustained high-conviction read on
any instrument in this posting series. The system has been
pointing at this level continuously and the level has held.
Whichever direction resolves it will be the most validated
move of the cycle.
---
Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS
Study, not financial advice.
Mapping macro structure, custom indicators, and radial geometry.
📊 View my published scripts: tradingview.com/u/virDeStratera/
📊 View my published scripts: tradingview.com/u/virDeStratera/
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
Mapping macro structure, custom indicators, and radial geometry.
📊 View my published scripts: tradingview.com/u/virDeStratera/
📊 View my published scripts: tradingview.com/u/virDeStratera/
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน