Post by Sonny

High Probability QIM short setup — Indicator State: Transition. Looking to hold until late November.

CYRX is testing the 8/7 Expansion Gate around $18.45 at a mature QIM Price/Time location, with the broader Elliott structure consistent with a B-wave termination ahead of a prospective C-wave lower.

The 65-minute chart has already progressed from Exhaustion into Transition. The move into the Expansion Gate produced a late MARS exhaustion sequence, and since that rejection PMARP has rolled sharply lower from the extreme zone, +DI has peaked and begun to contract, and −DI is starting to recover. That is the first clear evidence that the bullish regime is losing control.

The Daily chart reinforces the setup through a clear bearish PMARP divergence, while the broader advance is also failing to reproduce the earlier directional strength in +DI. That gives us multi-timeframe deterioration rather than a single lower-timeframe signal.

What is still missing is Early Confirmation. Bullish directional control remains intact because +DI is still above −DI. The next upgrade would require continued compression in the DI spread, stronger −DI recovery and a break of the immediate 65-minute price structure. If that occurs, the setup would move from “old trend losing control” to “bearish directional control beginning to emerge.”

Volume becomes more important after that structural break; expanding selling RVOL would then help confirm the reversal rather than merely the transition.

QIM Probability: High
Indicator State: Transition
Trade Class: Corrective Short — prospective C-wave
Current Read: Multi-timeframe QIM Price/Time confluence at the ~$18.45 Expansion Gate, with Daily PMARP bearish divergence and a 65m transition already underway through PMARP rollover, +DI deterioration and −DI recovery.
Upgrade Trigger: Further DI-spread compression, −DI directional takeover and a break of immediate 65m price structure.
Invalidation: Sustained acceptance above the ~$18.45 Expansion Gate/current B-wave high with renewed PMARP and +DI expansion.