7 Comments
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Frankytrade's avatar

Thank you Smash! Great bounce off the weekly support area!

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Gamma's avatar

OMG straight line from 56 to 95 !

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Gamma's avatar

Once the 5050 area reached the aggressive buying unfolded was jaw dropping to me.

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Xmoe1upX's avatar

Thanks Smash. At what point do you consider long term control in terms of selling pressure. I understand short-term, but I've learned structural reference help my setups. Don't want to count on a freefall without reference. Thanks.

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Smashelito's avatar

I use the monthly time frame for the long-term analysis, which has just returned to balance. By month-end, I will define the monthly balance area, and should we see a downside break, a deeper correction may be in play.

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Xmoe1upX's avatar

Thanks Smash. Appreciate that.

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MMR's avatar

Thanks, Smash! Quick question - On an intraday trading, how many days of volume profile or market profile you pull up on the screen to determine the levels?

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