Walnut Update!

Pauli (doesn’t) probe the market

Hello everyone,

My trading rig is now with an expert who is repairing the motherboard and replacing the chipset. It will take 2 weeks 😩

However, I have managed to salvage an older rig that I used a few years ago. That’s what I’ve spent the week fixing myself and it should be online tomorrow!

In the interim, our context around SPY/ES has not changed. I told you guys that the buyers low would be at the 6238 HVN and look below where that sell off was stopped yesterday 👇

We continue to stay in our range between 6238 and 6288. We are waiting for either the high of this range to turn into support or for the low to turn into resistance. So far, neither has happened. In such a range, I use a profit target of 5 pts, that’s 10% of the range, if you get more be grateful, but you need to adjust expectations in this environment.

Our levels from the last two previous episodes are unchanged, check them out below 👇

Make sure you trail your winners with a stop as the market is vulnerable to news.

Hopefully we will be back to our nightly reviews from next week. Thank you all for your support 🙏

Much love,

PW

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