Futures indicating relatively flat even after payroll data release. Daily bar on /ES was an outside day which covered prior three bullish sessions. 8 EMA on SPX and 21EMA on…
True gap higher outside of range on o/n inventory skewed heavily net long. Single prints from 12.01 sesson will be in play today. Overall market continues to balance with a…
Non true gap lower again on 100% net short overnight inventory. A VPOC was left above us in yesterday’s trade. Just one doesn’t mean much but watch to see if…
Just missed the 4600 level in the cash by a hair on Firday. This level may take a little time to resolve. Double distribution in Friday’s RTH profile. Endpoints can…
Yesterday’s RTH session completed the balance rules rotation back to balance are low but did not find further sellers past that area. We are now trading back in the middle…
Look above and fail yesterday bringing /ES back into recent balance area Potentialk for rotation back to lower end of balance is increased. Kedy word: potential Almost all overnight activity…
True gap higher outside of recent range; gap rules are in play Overnight inventory is close to 100% net long SPX should be moving towards 4600 target now Pre Market…
Small true gap lower just outside of yesterday’s tight range Tone is of balance right now with market digesting recent rally VPOC just below us tested in o/n session but…
Consider both shortened RTH sessions to be all part of the overnight distribution Our market profile references are all from the Wednesday, Nov 22 session The ONL in the /ES…
True gap higher outside of range; gap rules apply. Yesterday’s RTH activity retested back into the balance area but was not able to hold there. Shortened weeks are usually bullish,…