Interpreting market movements in a whole new way
Interpreting market movements in a whole new way
The overnight price action from the Sunday futures open at 6 pm, managed to pull only a net of 43 contracts at the 4268.50 price point which were all buys. Since then, the volume has been skewed to the buy side when at or below 4272 and sellers crowding the deck above. I am not … Continue reading “Emini S&P futures premarket report”
Read MoreIn the overnight price action, at almost each TPO, sellers appear to be out numbering buyers from the move which commenced of the 6 pm open yesterday. Only the ON low prints between about 4253 and 4256 generated more buying volume compared to the selling from a view of the TPO chart. Oddly enough, the … Continue reading “Premarket summary for the Emini S&P”
Read MoreIronically, the dead cat bounce some analysts were talking about on here about the broad market in fact, in our opinion applies more to cryptos as bitcoin futures see a resurrection in price indicative of having perhaps found an interim bottom. We will have to see. Meanwhile, in this early posting of the market profile … Continue reading “Analyzing overnight price action”
Read MoreEmini S&P futures halted in the move higher in the overnight session from the momentum derived from the day session and pulled back on profit taking to make an overnight low of 4205.75 as buyers stepped back in an hour or more past the European open. At the peak of the high yesterday however, we … Continue reading “Emini S&P futures premarket report”
Read MoreFutures gain momentum in the ON session and runs into resistance in the trade setup range posted in the playbooks for subscribers between 4181.75~4172.25 with a stop at 4205.50. If you happen to be in this trade, you did good and more than likely we will see a move towards the gap from the settlement … Continue reading “TG Daily Market Profile reading”
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