Anchor to Author: How a Low Became the Close’s Pivot
Earlier in the session, I set a significant intraday low at 6398. That level became the reference point for the market — a kind of structural anchor that institutional order flow either had to defend or attack.
When the imbalance hit later in the day, the market chose to press through that anchor, triggering a fast, one-sided sell program into the close. On the tape, you can see how volume surged and price accelerated once that earlier low gave way — it was the path of least resistance.
Then came the turn. Once the sell side became overextended and liquidity thinned out, I began actively buying into the exhaustion. You can see this shift clearly on the video: the selling wave exhausts, and the market begins to respond. From there, I worked — without disclosing methods — toward shaping a moderately higher close relative to the new low.
The fascinating part? By the close, we found ourselves back at the same price zone as the low I had authored earlier in the day.
That original anchor not only defined the breakdown — it ultimately defined the rebound as well.