Geedubya77

Geedubya77

This is a Volume Profile analysis of CMG Chipotle Mexican Grill. A deep LVN will demonstrate where lack of support is making its mark, or lack of data as such that market price avoids it. Seeing price move thru a LVN makes me think of the song "Slip Slidin' Away". It is neither Bull or Bear. It's like GPS for the trips you make. The LVN is going to show up on any...

Geedubya77

Chewy should go up into the next LVN to get another confirmation for range. The next step up is $50+- and then $75 to $80. Is the company ready?/

Geedubya77

Awww, Reddit has it's first Cup and Handle

Geedubya77

The CBOE:SPX seems like it won't be held down! Look at the pattern in the circles and then look for the potential path going forward. I don't even want to draw anything else

Geedubya77

SPX in this down turn has steepened the retracement. Does this look like a strong pull back to 4800? After it goes thru the VP crevice, will it see more buying at 4800? This Volume Profile crevice is 4800-5000 The move Down thru the Crevice will likely be faster than the ascent. If it doesn't hold here then 4600 area is even stronger support at the edge of the...

Geedubya77 Updated 

I made this chart to track trades in 1 to 3-dte. The strategy is to go out just far enough to get good pricing and keep 50% of the position spread in the trend channel.

Geedubya77

Trend is still bullish. Shows support at 4800 and then 4600 from recent price action and also historical price action with the Volume Profile

Geedubya77

Unlikely that the SPX will power onward the next day after a big move. Let's get a flag pattern and then

Geedubya77

Layers of support/resistance in Volume Profile share dimensions

Geedubya77

The trend line is the most notable area for support, besides the high/low volume nodes that offer support resistance. Let your winners run and use these indicators to watch price action and sentiment when it approaches.