The focus of the stack is how to react to price setups rather than to predict the market’s direction. The preferred pattern traded in any scenario is a failed breakout or key level reclaim. This method is discussed with more detail in the following link.
Daily I’ll explain the overall context for the price action of /ES. Price action takes into account channels, volume profile points of control, key zones acting as either magnets or potential squeeze targets and levels of overhead supply/demand. This information is then distilled down into simple actionable intraday horizontal levels. These levels will change each day as price reacts to the various highlighted zones.
@Efficientenzyme : Potential setups intraday from Twitter
Today is the last update for a few weeks. My goal is to leave readers with an idea of how to measure the health of the rally and judge for themselves a bigger picture idea. This stack grew faster in two months than I could’ve imagined and I thank people for all the p…
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