Smash, super insightful report as always. Thank you ! Quick question. You mentioned - "every period today had negative delta except the M-period." What tool can I use to identify delta nature or read delta info if I don't have Sierra? Any pointers?
Appreciate it! To monitor delta—the difference between aggressive buyers and sellers—you basically need any trading platform that supports it. Sierra Chart is one of the most powerful options for futures trading, but there are countless alternatives available.
I hope you’re doing well. I recently purchased the template and I'm really impressed with the quality of work. However, I am experiencing an issue with the heat map—it doesn't display any information on the chart. Everything else is functioning correctly. For your reference, I have a Sierra Chart Denali connection and Package 11, which provides access to all the features.
Could you please advise me on how to resolve this issue?
Additionally, could you explain the red dots on the Renko candles and what their colors signify?
Guess a question I have is how to not be skewed bearish with all the signs from today. Negative TPO rotation, more TPO’s above POC than below, composite to the sellers, VA being lower?
The prevailing uptrend is what makes downside follow-through so difficult. Observing today’s profile, lower prices would normally be expected, meaning sellers should be active within today’s D-period single prints. Failure to do so will simply allow today’s main distribution to fuel an upside squeeze. The overnight ATH hangs over sellers’ heads, and we essentially have a triple top on the daily, which is not a strong foundation for a lasting top. The key is to remain open-minded and nimble, as long liquidation can sometimes last longer before reversing.
I don't think so as it's only one point excess. Also more importantly, and I think to Smash's point is excess ATH needs to be during RTH to suggest the up auction is closed or closing.
Great write up and I was thinking the same thing about the b distribution today. Book is sinking in! Thank you for the excellent write ups to check my knowledge against!
Smash, always with impeccable analyses, thank you for everything, may life continue to fill you with health and abundance!
Your work ethic and professionalism is incredible! Truly inspiring.
Appreciate it!
Smash, super insightful report as always. Thank you ! Quick question. You mentioned - "every period today had negative delta except the M-period." What tool can I use to identify delta nature or read delta info if I don't have Sierra? Any pointers?
Appreciate it! To monitor delta—the difference between aggressive buyers and sellers—you basically need any trading platform that supports it. Sierra Chart is one of the most powerful options for futures trading, but there are countless alternatives available.
I was long biased even i can fade that short from open i got killed 2 times for longing the market above vwap 😭😭😭😭
Hi, quick clarification on the VIX Resist accompanying ES price. is the ES price the same as yesterdays? thank you!
It should be 18.14 and 16.34, now corrected! Thanks!
Selling won’t give us an excess ATH at all. Another day. 😩
Hi,
I hope you’re doing well. I recently purchased the template and I'm really impressed with the quality of work. However, I am experiencing an issue with the heat map—it doesn't display any information on the chart. Everything else is functioning correctly. For your reference, I have a Sierra Chart Denali connection and Package 11, which provides access to all the features.
Could you please advise me on how to resolve this issue?
Additionally, could you explain the red dots on the Renko candles and what their colors signify?
Thank you!
I will send you an email shortly.
Thank you! I really appreciate it.
Great stuff Smash!
Thank you!
Guess a question I have is how to not be skewed bearish with all the signs from today. Negative TPO rotation, more TPO’s above POC than below, composite to the sellers, VA being lower?
The prevailing uptrend is what makes downside follow-through so difficult. Observing today’s profile, lower prices would normally be expected, meaning sellers should be active within today’s D-period single prints. Failure to do so will simply allow today’s main distribution to fuel an upside squeeze. The overnight ATH hangs over sellers’ heads, and we essentially have a triple top on the daily, which is not a strong foundation for a lasting top. The key is to remain open-minded and nimble, as long liquidation can sometimes last longer before reversing.
ATH still isn’t excess.
Is it not with single prints up there?
I don't think so as it's only one point excess. Also more importantly, and I think to Smash's point is excess ATH needs to be during RTH to suggest the up auction is closed or closing.
Still learning, so I could be wrong.
Great write up and I was thinking the same thing about the b distribution today. Book is sinking in! Thank you for the excellent write ups to check my knowledge against!
What is LBAF area?
Look Below And Fail Area.
What is rationale behind 6797 UT1? Poor high from yesterday?
Today's opening level, which should act as an upside magnet with acceptance above 6776.