S&P 500 E-mini FuturesUpdated Feb 12 Session Profile | /ES S&P 500 E-Mini Futures
Notes:
- Point of Control (POC): Price at which there was the highest traded volume.
- Generally -- as I have learned -- this the area at which it's fairest to do business (i.e., area of value).
- Analogy -- Building a brick house.To have a strong foundation, you lay brick, lay mortar, lay another brick. When you lay bricks on top of each-other, without mortar, you don't have the strongest brick wall. This is how I look at the markets. When VPOC's stack, market is getting ahead of itself and a repair of those levels is something I'd look for.
- Point of Control (POC): Price at which there was the highest traded volume.
- Generally -- as I have learned -- this the area at which it's fairest to do business (i.e., area of value).
- Analogy -- Building a brick house.To have a strong foundation, you lay brick, lay mortar, lay another brick. When you lay bricks on top of each-other, without mortar, you don't have the strongest brick wall. This is how I look at the markets. When VPOC's stack, market is getting ahead of itself and a repair of those levels is something I'd look for.
Note
Date incorrect. This idea was published Feb. 2, 2020.
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.