Despite a strong finish in today’s session, the daily is one-time framing down and today's gap at 4153 remained unfilled. The sellers maintain control unless the buyers regain acceptance above the highlighted LVN.
I think today is esp interesting cuz we are witnessing poor lows kept forming and on the other hand aggressive mechanical sell programs. My read is that buyers showing great interest in this dip. I actually didnt take any trade until very late around 3pm and managed to catch that squeeze. Sellers better hope no island gap-up again tomorrow lol.
I think today is esp interesting cuz we are witnessing poor lows kept forming and on the other hand aggressive mechanical sell programs. My read is that buyers showing great interest in this dip. I actually didnt take any trade until very late around 3pm and managed to catch that squeeze. Sellers better hope no island gap-up again tomorrow lol.
Today's session will undoubtedly be interesting to monitor.
Love the 'buyers in control' vs. 'sellers in control' demarcation. Is the Smashlevel supposed to be that level, usually?
Yes, the Smashlevel is more short-term in this case, while the LVN will be important in the upcoming sessions.
Hoping it holds overnight as an island day. Thanks Smash.
Great stuff Smash!
We have a spike after hours to 4150, you don’t consider in the MP?
In my RTH profiles, I only use the M-period and exclude the after-hours trading.
Does the tape use the combine setting?