Category Archives: S&P 500 E-mini Market Profile Review

Balanced Profile

one day balance daily chart SP 500 emini
One day balance on daily chart. Price one timeframing higher seven consecutive days.

One day balance. Potential scenarios:

– Look above balance, targeting prior highs
– Look below balance, target unfilled gap
– Look above or below the one day balance and fail, potentially targeting opposite end
– Remain in balance, possibly slightly extending Monday’s range

Often, a wide gap to begin a new week can result in a new short term trading range developing. Monday’s selling from the opening high could lower those odds.

balanced market profile chart
Balanced market profile chart, wide point of control has good odds of being revisited.
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