ATTEMPTED DIRECTION: BUYER or SELLER
1) Rotation Seller
2) Range Extension Both
3) Public went home as a… Neither
4) Buying-Selling Tails Buyer
5) Open in Bull or Bear Range Neither
ATTEMPTED DIRECTION: …Mixed
Comments: This shows no bias with a “normal” profile.
1) Today’s ES volume compared to prior day & 5-day average
Today (1.592 million) … HIGHER vs. the prior day
5-day Avg. (1.245 million) … HIGHER vs. the average
2) Value Area: Overlapping-to-higher
3) VA Width: Wider
COMMENTS: The VA placement was overlapping-to-higher and wider vs. the previous day’s VA with better volume.
Monthly Trend = Bullish
Weekly Trend = Bullish
Daily Trend = Bullish
POTENTIAL RESULTS: No economic data will be released after the open. With a brand new ATH one wonders: will the market go for more?
(HVA)Support = 2498.00 to 91.25 … none
(HVA)Resistance = 2502.00 to 05.50 … none
* Indicates important “chart levels” that are not HVAs.
Please use the pivot calculator in the “shared folder” for all of today’s pivots.
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