20 Comments
User's avatar
Nathan's avatar

Almost forgot how to short ES :|

Great levels analysis as always Smash, thanks for the great work you do.

Smashelito's avatar

Thanks! First time in a while the shorts got traction, but the reversal still played out better 😁

Nathan's avatar

Was too annoyed to put on size for a long after the short fizzled out. Been stalking a good short since what feels like Easter at this point.

j55x5's avatar

Thanks for the great explanation of the weak low, I really appreciate your work, what a great guide you are for navigating these markets.

I saw a great opportunity at the end of period B, it coincided with the FS VWAP and the DT1 (7405), however I froze because the bears have not had traction these days, then there was an opportunity to reload in the IBL and I thought, it won't work anymore because the bearish scenario has already occurred, and yet it did, how psychological this game is.

j55x5's avatar

By the way, the Orderflow channel you recommended just uploaded a video explaining that setup on 7405, and I just saw in X that you used it. It hurts to know I was froze, but I'm glad to know I generated a thesis that two people with more knowledge than me saw.

SPXChintan's avatar

Which channel is that?

Barry Lovie's avatar

I think you have a typo on the downside levels, 7390 is the 1st and the 2nd

Smashelito's avatar

Typo, 7390 & 7356! Thanks!

Frankytrade's avatar

Great stuff Smash! 🙏

Smashelito's avatar

Appreciate it!

Barbarianism's avatar

First to click thank you on your wonderful work Smash! :)

Smashelito's avatar

Appreciate it!

Rostyslav Kemin's avatar

Thank you for explanation of weak low. Could you explain why DT1 is specifically at 7390? Is this a single print from period C?

Smashelito's avatar

Tuesday's Initial Balance low was where the change took place. The C-period left single prints during the morning session, but those were later cleaned up following the reversal.

Rostyslav Kemin's avatar

Thanks🤝🏻

Art Vandelay's avatar

great explanation of weak low, I didn't know that, it goes in smash notes!. Thanks for analysis Smash...

Frank's avatar

Again thank you for sharing your great work it adds a lot of clarity, professional strategy and guidance

Roh's avatar

Thanks Smash!

DemolitionManMan999's avatar

hiiii ! ^^

'Holding above 7420' - wat technical indicators OR price action must reflect this?

likewise

' Break and hold below 7420- wat technical indicators OR price action must reflect this?

Smashelito's avatar

Value building above it or below it, signaling acceptance.