The market continues its never-ending consolidation, with today's session resulting in an inside day. Remember that the longer a consolidation lasts, the more significant the move out of it tends to be.
Hi smashelito - once again thanks for sharing your views on the ES - gives me real confidence while cross-checking my TPOs and analysis - and I’m grateful to have the possibility to learn every day from this&you. The infinite Espressos goes on my house 😉 take care
Smash, awesome analysis as always. Would you mind sharing your trades in newsletter and what you saw that made you take the trade? Mortals like me will benefit a lot for this.
I started following your work a couple weeks ago and find it very helpful. Thank you so much for your time putting all of this together and willingness to share it publicly.
Regarding the last paragraph above, could you elaborate on when you say "the lower end of the balance area is weak/poor"? Are you saying this has been strong support because the sellers have been weak when that area is visited? Or is this area weak/poor because there is not much support below?
Great analyses as always. VIX Levels have been very helpful. Where r they derived from? Are they a mov avg of a specific time frame? Even tho the smash levels , and upside /downside targets didn’t change on ES, your vix levels were slightly higher, bc vix was slightly higher along with es being slightly higher? Is that saying a night?slightly bearish?
Hi smashelito - once again thanks for sharing your views on the ES - gives me real confidence while cross-checking my TPOs and analysis - and I’m grateful to have the possibility to learn every day from this&you. The infinite Espressos goes on my house 😉 take care
The sellers are poor! need to attract stronger sellers with higher prices.
Smash, awesome analysis as always. Would you mind sharing your trades in newsletter and what you saw that made you take the trade? Mortals like me will benefit a lot for this.
Great post!
What's the periodicity on that footprint chart?
I started following your work a couple weeks ago and find it very helpful. Thank you so much for your time putting all of this together and willingness to share it publicly.
Regarding the last paragraph above, could you elaborate on when you say "the lower end of the balance area is weak/poor"? Are you saying this has been strong support because the sellers have been weak when that area is visited? Or is this area weak/poor because there is not much support below?
Great analyses as always. VIX Levels have been very helpful. Where r they derived from? Are they a mov avg of a specific time frame? Even tho the smash levels , and upside /downside targets didn’t change on ES, your vix levels were slightly higher, bc vix was slightly higher along with es being slightly higher? Is that saying a night?slightly bearish?