Card 4: the afternoon absorption and the exit on the MOC flow

The fourth card is that of the second readable window. It trades the afternoon reversal, read on an absorption in a book where walls are rarer but sincere, and it is managed with a tool the other cards do not have: the closing imbalance published at 9:50 pm.

The mechanism

Between 7:30 and 8:45 pm, price comes back to test an edge: the IB's, or the lull's extreme. Two outcomes, as in module 2. Continuation, which we handle with the NQ course's setups. And reversal: the edge is tested once or twice, volume is strong there, delta pushes, but price does not advance; an absorption appears in MBO, then delta flips, and the return to the other side takes an hour. Module 4's laggard is often the key: the ES makes a new extreme, the NQ refuses, the level survives the contrary flow.