Neat hard stop
Stripping down the STRUCTURE indicator to only display the initial structure on the SPX500USD.
Gives us a clearer read of what matters initially, when a long structure is formed.
Where the levels are that matters. And what they can imply in terms of upcoming behavior.
Personally I really like the accuracy in the hefty drop hard stop though… Not going for the prior lows, making it harder to catch it. But spot on, the prior initial long structure lower barrier. (Ok, it missed it by 1pt…)
Using the 1hr timeframe. No changing of parameters. Automatically fired and automatically sized as the structure isn´t a fixed metric like percentages.
Conclusion?
That there´s quite a strong respect for the intial long structure. At least this time on the SPX500USD.
Netflix meeting the final barrier
Netflix about to post their earnings the 17th of April.
To see them at the 20R final barrier on the 16th is.. well, we can´t claim it means hefty drop is coming after earnings.
But we can say that it´s not uncommon that once we see price making it to the 20R on the 1hr timeframe. It often resovles… less positive… if we´re humble.
And Netflix didn´t dissapoint in that sense at least.
Using the 1hr timeframe. No changing of parameters. Automatically fired and automatically sized as the structure isn´t a fixed metric like percentages.
Conclusion?
NI225 doesn´t like the final 20R barrier on the 1hr timeframe. And neither does NFLX apparently…
Nikkei 225 and the final barrier
Nikkei 225 been truly impressive to watch (if you ask me) the latest 1.5 years. And it´s remarkable strive to reach the final 20R barrier in the STRUCTURE indicator. Which isn´t that common to reach.
There´s a reason for it being the last barrier…
But then to see a distinct change in behavior from 2025-06-23 and forward to today.
Where Nikkei 225 has 6 occurences of long structures fired where we see the final 20R. And prior to 2025-06-23, we had 1 occurence. Fired… 2024-06-18. June again. But that´s not the only thing that interests me.
What interests me most is the behavior change. And the fact that if we look at the 6 occurences, they all have a profound respect for the 20R upon first encounter. And reverses abruptly.
Using the 1hr timeframe. No changing of parameters. Automatically fired and automatically sized as the structure isn´t a fixed metric like percentages.
Conclusion?
Nikkei 225 truly changed behavior in 2024-06. To a more bull driven one with more endurance in the moves.
Bouncing off on the bigger 5,10,15 (yellow ones) barriers nicely.
But really really doesn´t like the final 20R barrier…
