Up/Dn volume during 150 min sideway action gives clues

SP structure 120min - bull trap (H&S)

yesterday's 15h30's rejection of 75 was a good clue we were done with the upside and dnside momentum was resuming

Oups ... wrong chart (previous post)

Here is the updated chart

SP Structure Update (Freddy)

coil forming imo while Ben testifies, after "violent" swings and rejection on each side

Sometimes, Auction Ends with Narrow Bar -- But Downside Action Doesn't Kick-In Until Overnight...

see similar chart
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9RLnNK2u60zzT8QxOstgYmuTDsjQRTQbE8ta_N-Z44tNzP9GvvZYZVSZHNEg1lVry6rcOIotaMghIcMCFPZEUgKQwbf4psnmrggdhSDbi1nFGdi0FaDLrbSWW8yNao-S9nUV0htB5bwU/s1600-h/Gap+Pattern.png
by fchris

70-75 Levels (by Freddy)

Failed auction (or power buy) on HTF and LTF ... the "contrarian sniper" trade ...

1400 next ...

Developing Range vs Avg

for a 2-Min Chart using ES.D (counts back bars assuming full trading day)... this works but would like a better way to do this if anyone knows.




variables: firstbar(0), length(0);
if date>date[1] then begin firstbar=currentbar;end;
length=currentbar-firstbar;
value1=highd(0)-lowd(0);
value2=highest(h,length)-lowest(l,length);
value3=(value2[203]+value2[406]+value2[609])/3;Plot1(value1, "today");Plot2(value3, "3-Day Avg");