Relatively small non true gap lower back into range Overnight activity is very balanced around the settlement More poor structure added below with single prints which are a sign of…
Same tight o/n range that has been the norm lately. Market remains in balance and balance rules apply. I discuss in more detail in video. Poor structure remains below; continue…
True gap higher on 100% net long overnight inventory As always, judege the early bias by amount of fade and whether or not acceptance can be found inside of range…
Minor price exploration below range but slated to open within balance now. Overnight distribution is relatively muted and small. Prices are being accepted at these higher levels and stronger sellers…
True gap higher on 100% net long overnight inventory Piling on effect dynamic is happening now. Odds favor at least a gap fill this morning. Gap rules are in play…
Very tight overnight range. Overnight Low is a 45 degree line; actually even flatter than one. Assume it’s secure until it’s not. Recent highs are weak and are upside breakout…
Relatively weak overnight pullback that didn’t even test the first single print section of Friday’s RTH distribution. Friday’s RTH High was right into a downtrend line on the daily /ES…
Failure to move deeper into the gap in the O/N session is the most important thing for today (thus far) The swing high of this move was made in an…
Continued balance with o/n session again almost fully within VA. Sellers are simply not present at the moment. Overnight inventory is balanced. Yesterday saw some long liquidation but not enough…
Third day of tight overnight range. Today’s is all within the VA and on balanced overnight inventory. The round 4400 number in the futures seems to be a resistant area…