Good morning traders! Another great session behind us as we navigated longs early in the morning for a quick rally to halfway point of target up around 4024. Noted in telegram that I would have LIS B/E and wouldn’t want to see prices sell below 4010. Shortly after we hit LIS and deployed shorts which held the remainder of the session. LOD was 3978 only 2 handles below where I said to take some off at 3980! This was a tremendous call as we then made way back up to close the session at 3990. OVN session ES continued up to 3998 before getting stuffed to hit a new low at 3972. Two 20 handle zippers off this level. Market is beginning to catch bid which we are currently trading at 3998 at the time of this post. In this video I will cover my thoughts on yesterdays levels and see what changed in term of market structure (profiles).
Below I also provided some charts with thoughts on the outlook ahead so make sure to read through!
Make sure to also read this as this is detrimental to understanding what I do, Volume Profile is the soul of my trading.
Nearly every stock is at the swing level that was provided in the substack last week, go check it out:
