SL 8.40 target 12/16

📌 Ultra Short CLBS

23,700 → support
23,800 → pivot
24,000 → supply

Above 23,900 → squeeze to 24k
Below 23,700 → continuation to 23,600

💡 One interesting thing in your desk:
23,800 has the biggest combined OI today, which usually means that strike is controlling intraday direction.

Friends taking a break. Market is too slow and watch major areas for action.

23700 to 900

Ultra Short CLBS

Above 23,950
→ short covering
→ 24,000 → 24,100

Below 23,900
→ rotation
→ 23,800

This is actually a classic dealer trap zone where the market can move 150–200 points very fast once the flip happens.

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