2022-09-28

Balance rules at its best

  • Look below and fail in eth session
  • Moving to other end of balance with a big covering-trend-day
  • Critical moment for getting out/reversing (white ellipse)

2022-09-27

  • Open with covering-gap up but inside of range and two day balance
  • Short continuation of covering
  • Covering fails into trend-move
  • Very choppy contra/consolidaton-move. Critical moment for getting out/reversing
  • But good opportunity to re-enter short in that environment

2022-09-26

  • One hour choppy Covering-move
  • Long Trend-move

 

2022-09-23

  • Gap & go
  • Market turned 3 points before low of year
  • Ended with some short covering starting at 3 pm
  • Market is very short now after falling more than 10% in a straight line

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2022-09-20

Avoid sandwich time

  • Many times vwap does not hold
  • The path gets very unclean (algo plays)
  • Best is to end the day at 11:30
  • If at all  come back at 1:30 and look for a good h/l (after a little shake out)

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2022-09-20 Globex

  • Looks like further short covering inside of mid term balance area
  • Fails to do this at asia high /vpoc
  • Liquidates to bottom of spike