03/13 Europe

ES S&P 500 minis  Activity type -Initiative buyers Open Type = Open out of range Direction of trade- UP facilitation that way was good & condition of current mkt =   over bought             Volume –   UP       Value Area - UP Expectations given evidence: Volume increase was very strong but would expect […]

03/13 Pre Market

ES S&P 500 minis  Activity type – responsive buyers pushed back into previous days range Open Type = Open In range Direction of trade-Not clear & condition of current mkt =balanced  Volume –  down       Value Area - overlap down Expectations given evidence: Auction today was weak considering direction, volume and value area (blue lines representing 70% of […]