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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot -- Ignore unavailable to you. Want to Upgrade?


To: rimshot who wrote (856)10/10/2022 6:05:15 PM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 1309
 
the /ES Volume by Price profile shows relatively thin Volume in the 3618 to 3595 zone

approx. 3616 = the lower boundary marking where 70% of the Volume has taken place in
the recent 11 trading days

* for "fair market value" to establish acceptance at these cited lower price ranges, additional
Volume will need to be printed in future days at these price levels

* all of above is based on looking back 11 trading days, and updated end of day Monday October 10, 2022

3651.xx = 11-day Volume Point of Control
3651.xx = 30-day Volume Point of Control
3680.83 = Weekly Pivot value for current week ending October 14, 2022