- pay attention to huge divergence building up at the highs; buyers creating a pressure (see the OF buying, making new highs), they pushing and pushing but without any success, the price couldn't go higher and the ES sold off of those new highs - you can see and look for green candles on positive deltas, inside declining price and declining deltas, these are the sign of the continuation trades, offering shorting opportunities along the way
- another divergence to note is the low of the price, when momentum started to slow down and sellers dried off (OF flat), after that the price climbed to the mean
- market opened on VAH showing some strength from the ON and went to take out the ONH and to make new highs, breaking up from the balance area
- market opened on VAH showing some strength from the ON and went to take out the ONH and to make new highs, breaking up from the balance area- between 1184.00 - 1186.50 mkt found lots of sellers and an unbreakable R; sold off inside the IB and through the open, attracting more sellers which drove the prices further lower, extending the range down until mkt found S at 1168.75 HVN
- the VPOC moved lower
- price closed inside VA
- VA was overlapping to higher
- poor high
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