Poor Low



Poor Low, Overlapping to higher value
Poor Low, value ended as overlapping to higher but the point of control had migrated lower during the session.

The market is still one timeframing higher on the daily chart. For any potential meaningful change to occur to the short term trend price would have to find acceptance back into the lower distribution from 5/10.

ES daily chart
ES daily chart through 5/14/18



(the above, post and all posts on es-traders.com, is an interpretation of market generated information using the Market Profile, and the information contained within is to be used for informational purposes only and not to be construed as investment or trading advice. DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS WEBSITE. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Please read our disclaimer)

Share  Facebooktwittergoogle_plusredditpinterestlinkedinmail


Subscribe: 

Leave a Reply