Wow! I had not looked at DIX for Friday. That is quite a jump in DIX, I believe we also want to see a rising GEX to get those warm fuzzies of bullishness? It could happen in the upcoming week, GEX lags I think. My amateur interpretation is possibly few more steps to fall down before back to up up up... just throwing a number out here.. the new s1 is 435.90.
I draw the pivot as the blue line in all my charts and we've spent so much of the last few months above it that a close below it HAS to keep us on our toes until we get back to closing above it (the new one). It could happen as quickly as Monday. But the mathematical implications of new pivot moving down moves all levels with it, hence my initial bearish bias.
After OPEX it helps to see a day or two of closing prices relative to the pivot. The KISS part of this is once we see prices closing above or below da pivot we have a confirmed and reliable bear or bull bias. I don't have da PM but I sent you a PM/DM thru discord we can chat there.
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