Market analysis

Levels I'm watching. Scenarios I'll respect.

Every note lists a working thesis, the levels that matter, plausible scenarios, and — most importantly — what would invalidate the idea.

Breadth is quietly deteriorating while the index prints new highs. Here is the level structure and the scenarios that matter into next week.

Mapping the untested value areas above and below the balance zone, and the reaction levels I care about intraday.

Where I am wrong, where I am right, and how I am sizing around the event. Not a prediction — a plan.