Two vprofiles on this chart. Last weeks and the developing one for this week. Tight range so far this week and the bell curve shaped profile signaling a fight between bulls and bears. Interesting to note VPOC is below last weeks range.
NE
neoikon
Rep: 890
Posts: 173
I feel like we really peaked some buyers on the upper time frames. If we go much lower than this (lower than 1300), the bears may have stronger control.
Till then, up we go...
Till then, up we go...
KO
koolblue
Rep: 48,651
Posts: 16,032
I'll SELL 1316-1316.25 if they push it up there... getting short term extended up here...
BR
BruceM
Rep: 216,211
Posts: 19,895
very important to spend as little time as possible above YD POC....for shorts to win...
although the filters are pointing to long side we can't deny that most of the time today has been spent BELOW the POC of YD...so value is building lower so far....
Long trades are alway better when we are near the Lower edges ..not at breakout high points..
ideal will see an air pocket on the hour breakout...we'll see
although the filters are pointing to long side we can't deny that most of the time today has been spent BELOW the POC of YD...so value is building lower so far....
Long trades are alway better when we are near the Lower edges ..not at breakout high points..
ideal will see an air pocket on the hour breakout...we'll see
BR
BruceM
Rep: 216,211
Posts: 19,895
short 17.25's but will add above the 18.75's if needed...going small...not a great feel here...air is below
KO
koolblue
Rep: 48,651
Posts: 16,032
I dont like the overshoot of 1316.50, however small.. going to bail at 1315.50 if they let me...my 1320.50 number is beginning to make me nervous.
JO
johnpr2010
Rep: 2,285
Posts: 274
I will go long @1315.50 is my fib's 50% from swing. Looking for 7 handles.
RA
ramiegram
Rep: -5
Posts: 32
lol why the market moves. now if john and blue were trading the same size.
BR
BruceM
Rep: 216,211
Posts: 19,895
target for me is air pocket at 15.25....that is also the peak volume retest from above.....same concept as yesterday when we went Below 1315 for the first time..
this ain't gonna be easy but like air inside ranges
big volume on that hour breakout is another reason I went light up here....may need to add...hope not
this ain't gonna be easy but like air inside ranges
big volume on that hour breakout is another reason I went light up here....may need to add...hope not


