Added a composite volume profile outline in violet, covering the visible chart. Visual clue as to where resistance should be sitting. (High volume node). Also shows the irregular and vertical nature of the drop and rebound over the last couple of days. In theory could be easily retraced, but who knows in practice.
spiking profile or spiking channel is very bullish, 2772 is now a good floor until then.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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NOT MARKET RELATED
Pancakes are free at IHOP Tuesday (tomorrow)
Limited to one short stack per person while supplies last. Prices vary, but a short stack of three pancakes usually costs $5.79.
Charity fundraiser
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Not market related-
Used to go to LA to see our daughter and we would have Sunday Brunch in some trendy west side place with unlimited mimosas. Two kids later it is the Santa Monica IHOP (not in the trendy part of that town !)
Copied and dragged the trend line twice.
Ignor my dark verticle for London/Frankfurt close. We are in the daylight savings two week gap period waiting for English Summer Time to kick in on March 31
Chart for the road: Hourly entering sell the rip zone, as mentioned earlier, today end of day pull back or tomorrow. if not today I will plan my day trade selling tomorrow. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Tick chart pulled back to the EMA and stalled until a double bottom. now it's made one of Pasta Boss'es Darvas boxes. Expecting a triple top fail but I don't see good chances for shorts unless that EMA fails and it makes an end of day dive towards VWAP. If this is just another short squeeze then could be the action will be fast and furious around and just after the cash market closes.At least we have seen that pattern before.
Nice! Don't know if Cobra would call it an exhaustion bar but it sure is a failed breakout and back into the box. Waiting to see if it recovers or swan dives lower.
After almost 6 full dayus of trading the POC on the composite is ES (6/19) 2797.50, 10 points away.
Edit- Implied was this drop and recovery has been a pretty low volume affair.
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