A short-covering rally after a period of weakness is always tricky for buyers because new buyers need to step in now to confirm a low. As a buyer, I would prefer to see a probe below the 5530 HVN that fails, rather than the current low formed on Friday.
I remember months ago me bragging about my 10000 volume chart and trendlines but now I'm eyes explodin staring at a 512tick chart LF orderflow damn this thing is hard! Kudos to smash and @spx0dte who is off the internet I believe.
VIX levels have been corrected—thanks Jeremy!
BTW master smash do you think buyers should be wary of market not reaching 5530 yet?
A short-covering rally after a period of weakness is always tricky for buyers because new buyers need to step in now to confirm a low. As a buyer, I would prefer to see a probe below the 5530 HVN that fails, rather than the current low formed on Friday.
Knelt.
Thanks! 5575 was a banger!
Private sub changed profile pic I've pledge for so long!
At this rate, release date in 2030 ;)
How do I get there?
With both D and W in balance, it's not surprising to see rotationality emphasized for the second day in a row.
The 5616 level seemed to sit in the center of a concave saucer, with all activity gravitating to it.
Caught the liquidation twice but almost got squeezed in the middle!
I remember months ago me bragging about my 10000 volume chart and trendlines but now I'm eyes explodin staring at a 512tick chart LF orderflow damn this thing is hard! Kudos to smash and @spx0dte who is off the internet I believe.
monthly VWAP is in there.
Late buyers failed miserably at 5617, no more lucky squeezes!
At the same time, consecutive lows also look ugly.