★ A+ Setup
6,850 Breakdown (Primary)
- Zone
- Acceptance below 6,850; 6,900–6,930
- Trigger
- 30-min close below; Failed reclaim; NQ confirms weakness; Push into supply; Stall / upper wicks; No acceptance above
- Target
- 6,814 → 6,800 → Extension: 6,770 → 6,863 → 6,850 → Expansion higher (range extension) → But until that happens, rallies are suspect.
- Invalidation
- Clean reclaim of 6,863; Below 6,850, this should flow.; 🔴 Major Supply Rejection; Clean 30-min close above 6,930; Heavy supply until proven otherwise.; 🟢 Bullish Shift Scenario; Condition: Acceptance above 6,930 (20/50DMA reclaim)