We are opening in 1,4% Gap down, the selling in the overnight was pretty agressive, also the selling tails in yesterday´s range were really strong, so the clues are that serious money at the moment is behind the move. Overnight, we have selling singles between 3354-3361 and the overnight POC is prominent at 3343, for that reason, i am looking for shorts under...
I would like to get involve in the break of this trend line, first support 28,66
After the prior poor high repaired at 3409, we are opening in a similar scenario as yesterday premarket, the only thing that change is the previous POC tend to be higher. If we hold between the area of previous POC ( 3403,75) and previous high ( 3409) we can look for the 3421-3439 level. If you want to look for shorts i won´t recommend because the POC is higher...
We have a nice buying tail in the low of Monday´s session, and today´s session, price had a rotation above this tail and it generated value higher than yesterday, also, today´s high is poor, for that, reason if we go back to 204,18 we can look for longs to target previous POC (205) and the other target can be 208 to repair today´s poor high
After a slow morning, we could identify that price wanted to go higher, where is this conclusion coming from?, value was higher relative to prior range, poor highs in A,B,D and H periods , and when the sell off started the price did not migrate value to the downside, and it almost stopped in the prior point with more volume at 3376,25 how i mentioned in the...
The thesis for the opening bell are still the same relative with the overnight session, we are opening on the previous high, the overnight price move is 90% long and the overnight POC is not prominent (the chances of a break are high). I expected a correction in the beginning of the session to get involve in the long side, previous POC ( 3376,75) could be a...
We had a pretty weak session with an excess in the low (3358,25) but this point is weak, in the other side of the auction, we have a smaller excess and it is also poor (3992,50), also C-E period, E-F period and H- M period of RTH are poor points. In my point of view, if we mix all this poor highs from today´s session i am going to look for a break above today´s...
In Weekly chart we were breaking a small triangle and now we are in the pullback phase