HollowMn

HollowMn Updated 

Last Week : Last week Globex opened and pushed out of Value of 5227 - 5066 Range, by RTH Open we were able to make a push over 5207.50 the Edge low but we needed acceptance over 5207 - 04 area and instead selling came in which took us through the Mean and right through VAL of that Range without any buyers being at VAL, instead we got covering and buying under...

HollowMn Updated 

Last Week : Last week market opened around VAL of the range and we knew we had supply and strong sellers inside the ranges Value in and above previous gap which we filled. Market was able to balance inside VAL on Monday around Key Support of 49.75 - 44.75 and top of VAL area but Tuesday we started seeing more signs of weakness with flushes from Value into the...

HollowMn Updated 

Last Week : Last week to start the week we attempted the move under VAL but only had enough selling to break under and come back in which gave us another rotation higher back towards VAH. We needed more supply or stronger sell Volume to come in to attempt a move at the lower Edge. We knew going into the week that we had Supply/Sellers at/over VAH and buyers...

HollowMn Updated 

Didn't post this weeks prep since last weeks was still in play but wanted to post an updated chart for a better visual of PA around the levels and structure we have been forming since last week. As mentioned we had this area under the Mean to fill out once we had the supply to do so, it took some time but we created the Supply for it and now are trading around...

HollowMn Updated 

Last Week : Last week we opened below 5227 - 07.50 HTF Edge but weren't able to hold under it, we got some selling from Edge area back down towards VAH but not strong enough to get inside or break it, for any continuation under we needed to get through it which didn't happen. Once we got back over the Edge on Tuesday and this time held above, we were able to put...

HollowMn Updated 

Last Week : Last Sunday we discussed that failing over HTF Edge usually can bring in weakness and start transacting back through lower areas towards the lower Edge but also mentioned that we were in potential 5150 - 5250 +/- balance with 5204.25 - 5199.75 area being a temp mean which told us to be careful expecting too much continuation lower just yet. Monday gave...

HollowMn Updated 

Last Week : Last week market opened inside Value, first cleared upper stops then got a nice sell from 5154.25 - 59.25 Key Resistance area back down to VAL, cleared that Support and got continuation back inside lower Edge taking all the lower stops except the pinata stops at Key Edge Support of 5066.50 - 60.75. Lower Edge ended up holding and we got a push back...

HollowMn Updated 

Last week - we were able to consolidate inside the Edge that we broke out of and get a squeeze for another test of upper VAL and a push inside Value. We were able to reach the Mean but no continuation through it towards next Key Resistance and a sell back under end of Day. Going into this week are inside a new ranges Value and our goal is to see IF more buying...

HollowMn Updated 

Lets break down some structure and see if we can get clues and areas of interest for this week. Last Week : Last week we opened with a hold and consolidation under VAH of Previous HTF Range which built up enough Supply to give a sell to lower targets at the Mean and VAL, FED Minutes day we consolidated at at VAL with an attempt to break under which failed and...

HollowMn Updated 

Shortened week ahead, lets break down structure and areas of interest to lean on this week. Last Week : We opened the week above VAH and under Key HTF Edge, we knew that this is the area where we can see size sellers step in and an area where size longs could be taking profits which creates different sets of sellers to give more pressure to the lower levels, as...

HollowMn Updated 

Lets check out market structure from last week and see what we can lean on this week. Last Week : Last week started off at VAL of current HTF Range, market opened Sunday over Key area but wasn't able to hold over which provided sells back towards the Edge but was only able to hit a couple lower targets before it found more buying at and over the Edge which told...

HollowMn Updated 

What a wild week last week! Lets take a look at our structure going into this week and what can we expect or at least lean on going forward. Market has been mostly slow and grindy but still provided plenty of fireworks. Last Week: Last week we saw inventory was starting to get long at our Key HTF Edge area which gave us a nice move down towards lower VAH and...

HollowMn Updated 

Are we finally finding our top or do we have more juice to squeeze ? Lets check the price action and structure over last few days for our clues. Yesterday we tested a Key Edge of the new range that we have accepted in when we broke out of 4839-29 Resistance. First test smart longs of course took profits as that is perfect area to unload size and we got a sell...

HollowMn Updated 

Level : Current Balance 4378.50 - 4321.50 Resistance 4349.50 - 45.25 // 4362.75 - 59.50 Key Resistance 4378.50 - 74.75 Targets if accept over 4389.75 - 92.25 Area to accept over for continuation to VAL Support 4327.25 - 21.50 Key Support 4310 - 07.25 Targets if can get through HTF Support 4291.50 - 85.75 // 4272 - 65.50 Would need to accept under for any...

HollowMn Updated 

Levels to Watch - Resistance : 4378.50 - 74.75 Key Resistance : 4403 - 4392.25 Acceptance in VAL would be needed to regain strength. Support : 4362.75 - 59.50 - 55 Area maybe ? - Market is looking for good Support if can't say within/over the Edge then could target a move towards lower Contract Roll Gap with levels to watch on the way for Targets : 4349.50 -...

HollowMn Updated 

Levels to Watch : Resistance 4508.75-02.50 ? Key Resistance 4532.50-24.25-19 Targets if Over 4548.75-43.75 // 4570.62.50 Support Prev Day Low 4497.25-94.75-90 ? Key Support 4487.25-79.75 Targets if Under VAH, 4465.25-60.25 // 4449.75-45-34.75 ( Needs to break/hold for ANY continuation ) // 4422.75-18.75 // 4403-4392.25 Range Edge 4375.75-4359.50 Last Week...

HollowMn Updated 

Levels to Watch : Current Resistance 4532.50 - 24.25 Targets if Over 4548.75 - 43.75 Key Resistance for Any Continuation 4570 - 62.50 Gap (Supply) 4590.75 - 70.50 Current Support 4508.75 - 02.50 Key Support 4487.25 - 79.75 Single Prints 4489.25 - 82.50 // 4469.25 - 57 Last Week : Market opened right in our Current Resistance area for last week and we...

HollowMn Updated 

ES broke into this bigger time frame Resistance are back in June, all the shorts who were looking for market crash or reversal got trapped below and became our Support. Cost Basis was built on top of that in 4460-4375 range, once we ran the Stops over 4487 that provided the buying to get us towards the top for this Resistance at 4666-4570 but once we got inside we...