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Neural Foundry's avatar

Really interesting multi-timeframe anlysis here. The alignment from monthly down to H4 is pretty clean, and that 272.60 trigger level is clearly the key to watch. What I find intriguing is how the weekly rejection at 245 showed such strong instutional buying pressure. Do you think the earnings season volatility could delay the breakout above 272.60, or is the setup strong enough to push through regarless? The 306.37 target seems ambitious but achievable given the momentum.

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Peter Papp's avatar

Thank you for your comment – excellent observation.

The setup has since been invalidated, but the cumulative volume data indeed confirmed absorption around the 245 zone, supporting that institutional activity you mentioned.

While the 272.60 trigger remains the key structural level, earnings-season volatility can often compress or delay confirmation phases. When the next trigger event occurs and wave alignment supports continuation, the expansion can accelerate quickly.

I agree, 306.37 was an ambitious target, which is why multiple targets are mapped to account for structural progression rather than a single fixed outcome.

Let’s see how structure develops into the next phase — what’s your read on the current wave alignment?

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