here is video of the zones but If u don't have time then I've typed them out
1863.50
1858-60
1852 - 54
1845 - 47.50
1841- 42
1836 - 37
1832
1825- 27.50
BR
BruceM
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flat now at final target....stuck inside the zones...we know if buyers step back up then they will push to 45 and higher...failure here will see them push for the 36 - 37 and lower...just simple areas of interest
SH
sharks57
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Nice hit Bruce, was surprised 48.50 area held as resistance, wasn't sure if last week VPOC would holdback prices.
BR
BruceM
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lots of volume flowing into 41 - 42 and price can't lift so far...not a great sign for bulls down here....first test is the best test and we tested this zone on the open print
BR
BruceM
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yeah...same here.....that zone was just too wide....I took three shorts above 45.....and the first short was a loser.......didn't post that entry as it was too fast and lost too fast....so next two shorts I came out heavy and quick and then just got lucky with final runners on last short...
Originally posted by sharks57
Nice hit Bruce, was surprised 48.50 area held as resistance, wasn't sure if last week VPOC would holdback prices.
BR
BruceM
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skew of the IB is down which implies the Ib low will get broken first.........the thing that messes that up is when/ if we get a VPOC flip to the lows before the break happens....that makes skew to the upside........
BR
BruceM
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as I typed that the skew flipped so now that imples that the IB highs will get broken first......fun stuff
BR
BruceM
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long on 41.25...not risking more than .75 on this trade...will try to get to 45 and IB high
BR
BruceM
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I used vwap as first target and looks like runners willl be stopped
BR
BruceM
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thanks Sharks...this new increase in size has me watching more of the flips in delta but since this was luchtime I was keeping this small...but still just using market orders as I don't care if I miss out on a tic or two ...I need to know I am in the market....just one less thing to think about during a trade campaign