Impulse Base/Buy-the-Dip/Micro-balance Micro E-mini Nasdaq-100 Index Futures (Jun 2026)CME_MINI:MNQM2026Sidgate1.Clear, prior balance i.e. price acceptance ***multiple rotations ***a series of overlapping, sideways bars ***volume concentration (HVN) "This base = balance = price acceptance = fair market value." AMT (Auction Market Theory) term: short-duration balance, micro-balance Traders' terms: buy-the-dip zone, impulse base, pullback zone 2.Clear, unmistakable move from balance to imbalance, from price acceptance to price rejection ***one or more bars reject the balance ***price leaves and doesn't return ***volume shifts from two-sided to one-sided One side INITIATED a rejection of the balance in order to find a new balance - a new fair market value. AMT term: rejection of value Traders' term: impulse bar 3.Initiative continuation ***directional bars ***no return to base ***volume There must be follow-through. If price returns it is noise not initiative. AMT term: imbalance, price discovery Traders' term: expansion, impulse leg 4.First pullback test ***first pullback must be toward the base ***base must act as support/resistance ***base must be defended by INITIATIVE buying/selling NOT merely RESPONSIVE buying/selling. NOTE: This is why a VALID TRADE requires micro-balance in relation to VWAP, followed by a micro-hinge (compression i.e. volatility collapse), followed by an impulse bar. This is ALL-IMPORTANT. AMT term: return to prior acceptance Traders' term: base retest Terms can be confusing. This is meant to be a glossary - a definition of terms. This is also the chart I will use as we begin this new trading week - 04/26 - 05/01/2026.