The Move That Shouldn’t Have Happened
We were well into a developed range. Liquidity was balanced, volume was steady, and the tape suggested we’d be in for a grind—not a sprint. Under normal conditions, this is where momentum dies and the market stalls out.
Yet, at a point when the path higher seemed improbable, something unusual unfolded.
From just above 6400, price began to climb rapidly—without the typical pauses, backfills, or hesitation. In the span of a few short minutes, it moved decisively toward 6412.75, leaving little opportunity for sellers to regain control.
The speed was remarkable. The structure was clean. And given the setup, it simply “had no business” moving this way at this time.
Speed Notes
The lift from ~6402 to 6407.50 happened in roughly 90–120 seconds.
That’s much faster than typical midday tape, especially given how developed the day’s range already was.
The move wasn’t just linear—it climbed in sharp, successive prints without the usual hesitations or backfills.
Sometimes the most telling market moments aren’t the ones everyone sees coming—they’re the ones that happen in spite of the odds.