Contextually, there haven't been significant changes following today's session. The primary focus remains on closely monitoring for continuation or the lack thereof above the October high of 4423.
It is interesting that 4423 was the afternoon pullback low in ES. It is even more interesting to me that the LOD this morning in SPX was exactly the October high. Also, the ES monthly high for October is 4430 which was made outside of RTH. I tend to watch ES RTH levels too, but when looking back more than a couple of weeks, I keep an eye on the index, since the divergence between futures and the index is very high these days when the contract starts trading.
Great content Smash. Keep up the great work. Congrats on the 6k followers. There’s plenty more to come.
Thank you, great job 😊
It is interesting that 4423 was the afternoon pullback low in ES. It is even more interesting to me that the LOD this morning in SPX was exactly the October high. Also, the ES monthly high for October is 4430 which was made outside of RTH. I tend to watch ES RTH levels too, but when looking back more than a couple of weeks, I keep an eye on the index, since the divergence between futures and the index is very high these days when the contract starts trading.
Sadly, I was apart of the failed follow through when the bids started getting hit. My own fault. Thanks Smash. Glad I recognized it still.
Thank you, buddy! Another green day was tough but managed to use the levels and kept me in the right direction.