Hey, it basically means that participants from Tuesday and Wednesday, when the market broke down from the 2-week balance area, are now on the wrong side of the market and trapped.
Thank you for taking the time to reply. I appreciate your clarity and the way you break down the auction structure. Your work helps me think more deeply about the weekly context and the coming week’s auction as well. Muchas gracias.
Thanks Smash! This could be an interesting week. Enjoy the weekend.
Thank you as always!
Smash, good day, thank you for your work. I sent you an email asking about the contribution to the substack. Thank you, have a great week!
Thank you Smash!
Hi Smashelito and thank you , as always, for sharing knowledge and insights.
May I ask what does << trapped two days' worth of inventory >> mean?
Thank you in anticipation for your kind reply.
Hey, it basically means that participants from Tuesday and Wednesday, when the market broke down from the 2-week balance area, are now on the wrong side of the market and trapped.
Thank you for taking the time to reply. I appreciate your clarity and the way you break down the auction structure. Your work helps me think more deeply about the weekly context and the coming week’s auction as well. Muchas gracias.
Hi smash, thanks for the insightful post. I see the extreme highs and lows you define? How are those determined? Thanks in advance
Do you see upside or downside for Monday?
Thank you.