Summary:

– The market found support after dipping to about 30% of last week’s range and then rallied strongly. Key resistance levels on the continuous contract to watch are ~26,399.5, 26,112, ~26,562.75 and the all-time adjusted high ~26,859.

– Concept: the “lunch macro” is a midday retracement into the range formed since the 9:30 open. While lunch is 11:30–1:30 ET, the macro pullback can begin earlier (as early as ~10:30), effectively targeting lows formed around 10:00–10:30.

– Technical approach: trade around obvious price-structure features — buy-side imbalances / sell-side inefficiencies (fair value gaps), inversion fair value gaps, wicks, and bearish order blocks. Treat the most obvious first FVGs as primary; when a wick exists to the left, use that wick range for more precise entries (lower half when bearish).

– Trade recap: after a false breakout above a high, the market failed to retrace enough, then ran above and subsequently broke lower into an inversion fair value gap / bearish order block. The narrator shorted into that zone (micros/minis), scaled out in two exits at defined targets (including the wick’s consequent correction), and emphasized using market orders for fills and clear stop/target behavior.

– Teaching points: method is consistent, rule-based, not cherry-picked. New traders should study the lecture notes and prior videos to internalize the concepts. Students have applied the ideas independently. ICT will monitor overnight price action and livestream the next morning (~9:25–10:10 ET).