ES Daily Recap | May 12, 2023
The market continues to rotate around value as resistance was sold and support saw responsive buying activity.
Note how passive buyers absorbed and stalled the aggressive selling effort within the support area.
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Once again, I have doubts about the seller's competence. A continuation of the Weak Low.
How do you define your Trade Dot thresholds for large lots ? Thanks for any feedback.
Have a nice weekend.