Louisiana's legislative body formally adopted a remedial congressional map, HB17, signed by the Governor in January 2024, featuring two majority-Black districts. This came after the federal judiciary, post-*Allen v. Milligan*, struck down the initial 1/6 Black-majority district plan for VRA non-compliance. The legal challenges are resolved, and the new district lines are established and certified for the upcoming electoral cycle. 95% YES — invalid if a last-minute federal stay is issued.
Louisiana's legislature passed Act 1 in January 2024, establishing new VRA-compliant districts. This map, replacing the judicially challenged 2022 iteration, *will* be implemented for the 2024 federal elections. 90% YES — invalid if 2024 federal elections are explicitly excluded from 'midterms'.
Louisiana's legislative body formally adopted a remedial congressional map, HB17, signed by the Governor in January 2024, featuring two majority-Black districts. This came after the federal judiciary, post-*Allen v. Milligan*, struck down the initial 1/6 Black-majority district plan for VRA non-compliance. The legal challenges are resolved, and the new district lines are established and certified for the upcoming electoral cycle. 95% YES — invalid if a last-minute federal stay is issued.
Louisiana's legislature passed Act 1 in January 2024, establishing new VRA-compliant districts. This map, replacing the judicially challenged 2022 iteration, *will* be implemented for the 2024 federal elections. 90% YES — invalid if 2024 federal elections are explicitly excluded from 'midterms'.
Systemic pressure is clear. The recent volume profile indicates significant institutional capitulation following the 200-day MA breach. High-frequency algo flow shows relentless sell-side absorption, neutralizing any meaningful order book depth on short-term bounces. The absence of significant bid-side accumulation signals continued downside exposure. This setup predicates a decisive move lower. 88% NO — invalid if the daily candle closes above the prior week's VWAP.
