MARKET SAVANT

NQ (ATR 52.39, CHOP): between 29522.5 and 29922.5, rangebound — the ON extremes are the edges to watch, with the EMA cluster at 29852.32, 29886.82 and 29907.63 bracketing PDC 29903.75 inside the range. Acceptance above the ON high 29922.5 puts PDH 29956 in question above, with the 30000 magnet as resistance beyond; rejection at 29922.5 leaves it as resistance, with 29750 inside the range and PDL 29522.5 below as support. Acceptance below 29522.5 puts the 29500 and 29250 magnets in question below. ES (ATR 7.57, CHOP): the ON range and the prior-day range share the same edges — 7527.25 and 7565.25 — so the map is compressed. Between 7527.25 and 7565.25, rangebound, with the EMAs stacked at 7554.79, 7550.09 and 7541.53 beneath PDC 7557.25. Acceptance above 7565.25 leaves it as support, with the 7750 magnet as resistance above; rejection at 7565.25 leaves it as resistance, with 7527.25 below as support. Acceptance below 7527.25 puts the 7500 magnet in question below. GC (ATR 12.4, CHOP): between 4136 and 4208.5, rangebound — the ON extremes are the edges to watch, with PDC 4186.9 and the shorter EMAs at 4183.43 and 4172.49 in the upper half of the range. Acceptance above 4208.5 puts the 4250 magnet in question above; rejection at 4208.5 leaves it as resistance, with 4136 below as support. Acceptance below 4136 puts the slow EMA at 4133.93 in question below, and a reclaim that holds above 4136 leaves it as support.