sravanreddy.226
Long

SPX -First Three hours analysis: Market internals proved correct

SPCFD:SPX   S&P 500 Index
SPX -First Three hours analysis: Market internals proved correct

TODAY BUY SIGNAL GIVEN AT - 2570

MARKET WENT TO - 2601

ENJOY 31 POINTS PROFIT IN SPX

AGAIN BUY AT ANY DIP

1. Volumes are greater than previous day - Suggests some interest from long time-frame participants.
2. Positive cash flow is slightly greater than Withdrawals.
3. Free Float capitalized weightage - Negative and Positive are at the same point.

Overall view - MP suggests that VALUE of SPX seems to be Increasing.

Market Profile/Volume Profile + Market Internals(TICK INDEX + UP/DOWN VOLUME ) + Volatility can help the day trader to be successful.

Efficient Market Hypothesis talks about Price is Subset of Volume + Event/News, So any Event/News can make this analysis wrong.

Any Questions comment here

FOR ACCESS OR MORE INFORMATION REACH OUT TO ME
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out