Posted by mastermind on 12th of Apr 2025 at 01:38 pm
Interesting, Steve. So at what point in the day is it valid to
gauge the up volume, intra-day or should it be at the close? And
that heavy short area is probably what would fit your definition of
a supply zone, right?
You can glance at intraday volume but the close is what
matters.
Question 2 reply, yes go examine the SPX chart yourself
after my Thursday newsletter tutorial on identifying valid supply
zones. Put in the work ahead of time instead of chasing a
dozen names blindly.
This remains a very fluid backdrop and one must remain nimble.
It's not just tariffs as many sectors/ stocks peaked months
prior. The daily volume on ES last week extraordinary around
3 million contracts a day, much greater than 2008 but we now have
so many more leveraged instruments and 0DTE degens.
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Interesting, Steve. So at what
Weekend News
Posted by mastermind on 12th of Apr 2025 at 01:38 pm
Interesting, Steve. So at what point in the day is it valid to gauge the up volume, intra-day or should it be at the close? And that heavy short area is probably what would fit your definition of a supply zone, right?
You can glance at intraday
Posted by steve on 12th of Apr 2025 at 06:18 pm
You can glance at intraday volume but the close is what matters.
Question 2 reply, yes go examine the SPX chart yourself after my Thursday newsletter tutorial on identifying valid supply zones. Put in the work ahead of time instead of chasing a dozen names blindly.
This remains a very fluid backdrop and one must remain nimble. It's not just tariffs as many sectors/ stocks peaked months prior. The daily volume on ES last week extraordinary around 3 million contracts a day, much greater than 2008 but we now have so many more leveraged instruments and 0DTE degens.