As usual, the market underwent volatility during FOMC. Today’s session resulted in an outside day down, with a pretty vicious downward spike as the M-period made a new daily low. Note the current weekly profile.
Congratulations on reaching 3000 subscribers! The quality of the content you provide here is unmatched! I would love to contribute in any way possible to support your work, which I still can't wrap my head around why you do for free.
Congrats man! Seriously you are the master analyst (and trader I assume). This resource has absolutely transformed my trading from mediocre poor consistency to profitable almost every day of the week. Your analysis is probably the best I have ever come across. It honestly changes lives for those who are willing to read it, understand it and apply it. Wish I had of found this years ago! I'm a huge supporter. Would love to be able to contribute one day when my skills catch up to yours. Thanks again, you are changing my life!!!!
Sorry to say this but I don’t think there’s anyone out there that can beat the informative information on the markets that you put out for free Smash. It’s unbelievable. I thank you for your content, knowledge and dedication to your craft it’s remarkable. I really appreciate it!!!! And congrats on reaching 3k. It shows what you’re doing is great and it will only increase from there.
Smash: your technical analysis and commentary are the absolute best that is out there. I have been learning so much from you. Keep up the magnificent work.
Thanks so much for publishing these updates! The time and attention you put into this newsletter is evident. Your graphics and detailed writing have helped me grasp order flow concepts that have been bandied about elsewhere but which never quite landed for me. Here’s to the next 3000!
Yes, very mechanical. The closing flush was surprising and definitely caught many traders off guard. It will be interesting to see if sellers follow-through. They need to get paid with that heavy negative delta in M-period.
Hello Smashelito, I've been following you for about a year now. I like the way you look at the market, but I have a question. Have you written about using VIX before? Because I want to learn about it. I noticed that you use VIX to measure the strength/weakness of the market, and I'm curious about how the yellow line is calculated. Thank you very much.
Congratulations on reaching 3000 subscribers! The quality of the content you provide here is unmatched! I would love to contribute in any way possible to support your work, which I still can't wrap my head around why you do for free.
Thank you Franky! Much appreciated! In the future, subscribers will have the opportunity to contribute and receive additional value in return.
I look forward to it!
Congrats man! Seriously you are the master analyst (and trader I assume). This resource has absolutely transformed my trading from mediocre poor consistency to profitable almost every day of the week. Your analysis is probably the best I have ever come across. It honestly changes lives for those who are willing to read it, understand it and apply it. Wish I had of found this years ago! I'm a huge supporter. Would love to be able to contribute one day when my skills catch up to yours. Thanks again, you are changing my life!!!!
Sorry to say this but I don’t think there’s anyone out there that can beat the informative information on the markets that you put out for free Smash. It’s unbelievable. I thank you for your content, knowledge and dedication to your craft it’s remarkable. I really appreciate it!!!! And congrats on reaching 3k. It shows what you’re doing is great and it will only increase from there.
Thanks for your kind words, Efutures! It's greatly appreciated!
Smash: your technical analysis and commentary are the absolute best that is out there. I have been learning so much from you. Keep up the magnificent work.
Congrats on the 3000!!! Woot hooooo!!!!!
Thanks so much for publishing these updates! The time and attention you put into this newsletter is evident. Your graphics and detailed writing have helped me grasp order flow concepts that have been bandied about elsewhere but which never quite landed for me. Here’s to the next 3000!
Congratulations Smash! Your posts have been invaluable learning material. Thanks again
High Smash, do you have any video/book references that you recommend to learn this type of analysis? Apologies if this question has been asked before.
I have struggled with building mental models using Jim Daltons work and find your writing incredibly clear and concise.
Interesting that K halted right at H and ONL, then L did the same at yesterday low, made me hesitate to bet on a flush.
Yes, very mechanical. The closing flush was surprising and definitely caught many traders off guard. It will be interesting to see if sellers follow-through. They need to get paid with that heavy negative delta in M-period.
thanks as always! how do you derive those VIX levels?
Hello Smashelito, I've been following you for about a year now. I like the way you look at the market, but I have a question. Have you written about using VIX before? Because I want to learn about it. I noticed that you use VIX to measure the strength/weakness of the market, and I'm curious about how the yellow line is calculated. Thank you very much.
And one more thing. , Which VIX symbol do you use? Thanks