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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 675.24-1.2%Nov 4 4:00 PM EST

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To: rimshot who wrote (523)7/15/2021 10:40:06 AM
From: rimshot  Read Replies (1) of 1118
 
4370.25 - /ES Globex overnight high, Thursday July 15

4345.25 - /ES Globex overnight low, Thursday July 15 ( 4350.00 was the prior low this week )

4353.25 - /ES open in RTH day session Thursday July 15

4360.25 - /ES last week's Friday close

4367.75 - /ES close Wednesday July 14

4369.08 - Thursday July 15 RTH day session only hours intraday Pivot Point ...
bears need a lasting hold below 4369 / while bulls need a lasting hold above 4369 ...
valid for today only since the Regular Trading Hours intraday PP value changes each day

4370.xx - 5-day Volume Point of Control, as of today's open

===========================================================

Thursday July 15 /ES Globex order flow, so far, reflects the highest volume taking
place at 4351.xx level ...

how the market reacts to any bounces to /ES 4370 level
will be especially important, based on Volume Profile data ...

* sellers are likely to control the Volume & Price action if the outcome
is that bounces fail near or below the /ES 4370 level ...
bulls need a lasting hold above /ES 4370 to see upward Staying Power

/ES 4305 / 4300 is potential downside target #1 based on Volume Profile data

/ES 4335.08 = Weekly Pivot level, for week ending July 16, 2021

/ES 4220 = potential downside target #2, based on Volume Profile data

/ES 4280 = upward target #1, only if a hold above 4270 is seen today

/ES 4340 low today vs. 4370 high today, if seen = a balanced Volume Profile for today ...
and Friday will be another opportunity for buyers & sellers to prove who controls
the transaction volume
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