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BruceM
Rep: 216,211
Posts: 19,895
Here is a recap chart from Wednesday. I'm going to get the date right tonight. Very instructive day and was hoping we'd have some good examples this week. You may want to reference Mondays and Fridays chart to understand this a bit more as those "bell curves" interacted nicely with todays trade.
Click image for original size
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BruceM
Rep: 216,211
Posts: 19,895
yes Richard because it didn't hit in RTH...
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BruceM
Rep: 216,211
Posts: 19,895
long in rth at 30.50...a bit agressive as signal isn'tthe strongest but air above and they want to come back for 33.75...I hope..
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BruceM
Rep: 216,211
Posts: 19,895
it would be a low probability if they don't come back for the 33.75 at least....as they blew through it and an air pocket is above...
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BruceM
Rep: 216,211
Posts: 19,895
this gonna do it as CD has diverged...better longs now!!
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BruceM
Rep: 216,211
Posts: 19,895
CD is on my chart that I can't post ...that new low made a low but CD didn;t
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della
Rep: 550
Posts: 588
34.50 is also LV
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della
Rep: 550
Posts: 588
that 34.50 has LV from yesterday and today
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della
Rep: 550
Posts: 588
They should give this a work out to fill in a bit
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BruceM
Rep: 216,211
Posts: 19,895
just went flat at 35.50...hope everyone saw them fill in the air pocket...
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BruceM
Rep: 216,211
Posts: 19,895
a very common pattern: they know where the VA high is...so they blow through it and create an air pocket and run out all those players who blindly buy at the va high without knowing order flow..
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sandoxe
Rep: 445
Posts: 418
Originally posted by NickP

thanks !


My pleasure NickP.