Market Selloff Continues

market profile poor high, double distribution. Market Profile chart ES-Traders
ES MARCH 2019 CONTRACT. Double distribution market profile. After a gap opening lower and re-entering the previous trading range, the market sold off mechanically from the prior close, leaving a poor high in the profile. Each distribution could be viewed as a separate day, or balance. Price acceptance back into a prior distribution could potentially target the opposite end of that balance.

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