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Video Transcript:
So one of the things that you would see here is that one is the EN, right? Which was from here to here. And then there are also areas where the price didn’t deliver at all. Right? So that would be from this line to this line, where there was no delivery at all. Okay? So the price was never delivered in this area at all. Even though the EN is this big, this is an area where there was no delivery whatsoever — neither on the buy side nor the sell side.
Now, it still delivered how much? This much, right? So what’s the area that’s still not been delivered to? I’m going to mark that on this chart. Let’s color code it. And that would be — let’s just mark it from here to this one. Right? So it’s the same one. Basically, from 24502.5 to 24424.75 there hasn’t been any delivery so far. So the price can definitely come back, revisit this, and fill this gap. It can fill this gap and go further down, or it can fill this gap and reverse. Any of those things can happen. But this is an important area to be marked on the chart.
Okay. Cut NQ — NQ here, pretty much right. The gap is more or less done here. Maybe a tick here and there, but it doesn’t matter. I think the delivery is sort of complete right here. And there’s quite a big one, yeah. Now it’s done. So this gap has been completed. There can be a valid setup here — it’s also macro — so we can look at the macro signatures here, and it would be a valid long.
It would be a valid long here. Would you go back up to the open or the New York high? Yeah, basically the opening range high can be the first target. And then you can have some later targets as well, obviously as runners. But this definitely, to me, would be the first target.
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