11 Comments
User's avatar
BillyDayTrader's avatar

Smash, you’re a legend. I try to predict the smash level after each session and I’m getting better at it which is helping me understand the auction better. Is there any one thing you look for in determining the level bc sometimes it’s an initial balance level or a late period low or high I’m trying to get better at understanding which levels are most important. Thanks for all you do!!

Smashelito's avatar

Appreciate the support! There are no strict rules for it. I usually look at immediate support or resistance from the settlement, or any area during the session where the auction clearly shifted. It is all about context and how the auction is developing. When there is no obvious inflection point, I rely on visual references like the initial balance high/low etc.

Frankytrade's avatar

Thanks! Will be interesting to see if 6741 will be defended.

Smashelito's avatar

Break, re-offer, continuation! Globex is showing no mercy!

Monkey's avatar

I honestly feel lost without Smash.

j55x5's avatar

Thank you, mentor, for everything!

David Turner's avatar

Thank you!

Chris's avatar

Thanks smash! Are your vwaps anchored to the beginning of each time period? Like weekly starts every week or monthly starts every month? Thanks

Smashelito's avatar

Yes, the weekly VWAP is for the current week, and the monthly VWAP is for March. Both are based on RTH only.

Chris's avatar

Thanks! I keep working through my own preps and my levels are always different!

Thanks again!

Roh's avatar

Thanks Smash!