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Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016 -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (594)8/7/2021 2:27:10 AM
From: rimshot  Respond to of 1118
 
this is a long explanation by FuturesTrader71 for the Friday start of day
Volume by Price analysis for the /ES ... toward the very end he underlines
the importance of one specific horizontal price zone which now
represents the bull / bear divider going forward as I have also cited in today's post ...
in order that a new Value range which is higher can
be relied upon by traders because of the future transaction volume
which takes place to establish a Value range at a higher level

youtu.be

I suggest starting at the 19:25 time stamp in order to have some context for
what he says next prior to the video ending regarding the specific price zone
having highly reliable interpretation value going forward for both bulls & bears