Excellent analysis as always, Smash! I’d add that while we’re one-time framing up, those wide POCs in both ES and NQ are the levels to watch at the open. If buyers fail to defend (and use) them and we trade below today's VAL, the trend is likely on thin ice. Losing today’s low shifts us back to balance, but in the bigger context, that might actually be healthier... it releases some of that accumulated pressure and builds a stronger base.
Great work thank you for sharing your professional experience work structure and insight it helps a lot and is helping me gain traction and professional development
Smash, regarding figure #1 in the chart, I'd like to ask you about the highlighted values. I have your charts and thought those were imbalances, but could you please confirm?
They are the highlighted values in Period I (199-109) and Period J (167).
Thank you so much for the analysis, it's impeccable.
Excellent analysis as always, Smash! I’d add that while we’re one-time framing up, those wide POCs in both ES and NQ are the levels to watch at the open. If buyers fail to defend (and use) them and we trade below today's VAL, the trend is likely on thin ice. Losing today’s low shifts us back to balance, but in the bigger context, that might actually be healthier... it releases some of that accumulated pressure and builds a stronger base.
🤝
Great work thank you for sharing your professional experience work structure and insight it helps a lot and is helping me gain traction and professional development
Just bringing a typo to your attention. Today's Visual Representation shows May 11 instead of May 12. Appreciate your work!!!
Thank you!
Thanks Smashalito. Great analysis as always. Keep it up 💪
Smash, regarding figure #1 in the chart, I'd like to ask you about the highlighted values. I have your charts and thought those were imbalances, but could you please confirm?
They are the highlighted values in Period I (199-109) and Period J (167).
Thank you so much for the analysis, it's impeccable.
That is correct, 4x imbalances.
Thanks, Smash. Had a similar question on the two I/J footprint bars - what’s the relevance?
The Footprint chart was used to highlight today’s excess high (7 ticks), which shows a clean volume taper.
Thank you for always taking the time to respond
Gotcha. I usually use the net delta footprints so got a bit confused! Thanks for the speedy response.