Back to the Audi business.
The S4 is 111 pips from the 200-sample hourly high.
The tool shed is the zone from the 200-sample high/low to the S4 / R4.

Who is in the toolshed (below the dark blue line) – the shorts. They are taking a beating.
The zone from the S4 to the SOB is the disadvantage block. The zone below the SOB is the maximum volatility-compression zone.
On Friday, we touched the SOB two more times after Thursday’s atrocity.
The top would be made once the S4 lets go. There could be a short here from the bottom of the disadvantage zone (SOB) to the top of it (S4).
By then, the longs would be inside the house for their turn for a beating.


Previews from Album #86