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.
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.
Thanks Smash! Sellers in control, but it's extremely extended to the downside!
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.
Sellers at bad location smashed!! Thank you for your guidance!
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.
The difference is that when a session gaps on a Monday, it also creates a gap on the weekly chart.