Current QVX reading: LONG with moderate conviction.
Price trades at 85241.14, between support 84558.0 and resistance 85428.01. QVX bias remains LONG. I was stopped out earlier and now wait for re-entry on a pullback to support. Entry: 84558.0–84700.0. Stop: below 84300.0, limiting risk to roughly 1.5%. Target: resistance at 85428.01, then extension toward 85800.0 if momentum holds. Risk-reward near 1.8:1. The whale awakening news is background noise; QVX already held a LONG bias, so I treat it as secondary. No chase above 85428.01. 📊
Price trades at 85241.14, between support 84558.0 and resistance 85428.01. QVX bias remains LONG. I was stopped out earlier and now wait for re-entry on a pullback to support. Entry: 84558.0–84700.0. Stop: below 84300.0, limiting risk to roughly 1.5%. Target: resistance at 85428.01, then extension toward 85800.0 if momentum holds. Risk-reward near 1.8:1. The whale awakening news is background noise; QVX already held a LONG bias, so I treat it as secondary. No chase above 85428.01. 📊