Tag Archives: point of control

Double Distribution, Wide POC

market profile double distribution

If price opens within this range early focus could be on acceptance or rejection of the separate distributions.

Price acceptance below Friday’s low could target the prior weekly low, as Friday’s liquidation break could equate to a failed break out of balance to the upside.

If price reenters a prior distribution the potential exists to reach the opposite end of that balance. If price does re-enter the upper distribution the excess single prints could be tested. Acceptance back above 2694.75 could target the 4/19 high at 2703.50, which could be considered a weak reference, as price traded to just a single tick below the 4/18 low following a small gap opening lower.



(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)

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Failure to Breakout of Two Day Balance, Wide POC Near Range High

Failure to break out of the two day balance. The wide point of control from Thursday is just below the high of the two day range.

failed breakout of two day balance

Price acceptance back into the two day balance below the point of control targets the wide point of control at from Wednesday at 2649.25 and potentially the poor low at 2638.50.

Acceptance back above the balance could target 2676.00 and the upper distribution from 3/22, and potentially the high from 3/21 at 2698.25 (bottom of unfilled gap) and gap fill from 3/21 at 2712.50.



(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)

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2 Day Balance



The ES is currently trading in a small two day balance within a larger multi-day balance

  Two day balance ES daily chart
Two day balance within a larger multi-day balance, ES daily chart

Wednesday’s profile was a balanced, inside day featuring a prominent point of control and a poor low.

2 day balance, inside day

The point of control could act as early support or resistance, or draw price back to it, perhaps briefly, depending on where it opens. Potential trade scenarios in regard to the two day balance could include:

– Look above balance and accelerate/find acceptance higher, targeting prior daily highs
– Look above balance and fail, return back into the balance targeting the wide point of control and possibly the opposite end of the balance, potentially lower
– Look below balance and accelerate/find acceptance lower, targeting prior daily lows
– Look below balance and fail, return back into the balance targeting the wide point of control and possibly the opposite end of the balance, potentially higher
– Remain in balance within or around the current balance (probably lowest of odds)



(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)

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