At the 187.16 pivot, closed 186.91, 4.5% under the 50d. I own GS ahead of MS; MS is only a long over 189.12, otherwise it's the weaker leg and my pairing candidate.
MS — capped at the 187.16 pivot; GS is the better leg
Closed 186.91 vs 20d 187.07 and the 10-21 pivot 187.16; 50d 195.70 still 4.5% overhead
The participant and the gate. 186.91 on 1.02x took out the 185.89 lower high but closes a nickel under a falling 20-day at 187.07. Long only on a close over 187.10 with 1x volume, stop 183.50, target 193.30. If MS can't hold that gate, cut the GS break with it.
MS — lower-high sequence broken, 20-day is the gate
Needs a close over 187.10; 193.30 is the real test; below 183.50 the bid fails
Trigger only, no position. +1.86% on 1.00x to 186.91, 16 cents under the 20-day at 187.07, lows 179.29 to 180.77 to 185.67. Enter on a 1.0x close over 187.10, add over 189.12, invalidate under 179.29. Off the sheet entirely: SCHW, C and BAC, all under falling 20-days.
MS — 16 cents under the 20-day, lows 179.29 to 180.77 to 185.67
Trigger only, no position. Act on a 1.0x close over 187.10; invalidate under 179.29
Prior-day high 189.12 / low 185.67.
MS — Prior-Day High/Low
PDH 189.12 / PDL 185.67 (watching for a break-and-retest of either level)
3 confirmed key-level zone(s) near 186.95: [186.21-188.20], [182.25-183.88], [189.87-192.33].
MS — Confirmed Key-Level Zones
3 cross-timeframe-confirmed zone(s) near 186.95