7 Comments
User's avatar
Frankytrade's avatar

Thanks Smash! Sellers in control, but it's extremely extended to the downside!

Expand full comment
Smashelito's avatar

This underscores the complexity. While sellers are in full control of the auction, initiating shorts 3% below the monthly VWAP, 300-500 handles below the value references, and below both the Monthly and Weekly Extremes is highly unappealing.

Expand full comment
Frankytrade's avatar

Sellers at bad location smashed!! Thank you for your guidance!

Expand full comment
Gamma's avatar

Almost forgot what 5323 is!

Expand full comment
Gamma's avatar

WoW MA100 sell!

Expand full comment
Whirlyfun's avatar

Hi Smash! What's the difference between the daily and weekly gap? Not sure what that reference means in your newsletter. Thank you for your analysis as always.

Expand full comment
Smashelito's avatar

The difference is that when a session gaps on a Monday, it also creates a gap on the weekly chart.

Expand full comment