HollowMn

HollowMn

Market closed outside of Value after failing under 6074 - 54 HTF Edge. We are set to open inside 6064 - 23 Intraday Range unless market gaps under/over after Mondays Holiday but if we open inside it then that tells us we are over Value and there are two thing we can do here, continue grinding/balancing inside the Intraday Range and try to push towards/into above...

HollowMn

Last Week : Sunday Globex opened inside the Mean of Previous HTF Range and got a push to VAH which held into RTH that brought in more buying to make a run at the Ranges Edge where we found Supply, for strength to remain we needed to stay and build over VAH instead we build supply at/under VAH and when buying ran out we made a move for VAL. From weekly plan this...

HollowMn

Last Week : Sunday Globex opened inside VAH of 6054 - 5933 HTF Range after a Friday failure over upper Edge. Failures over/under HTF Edges usually provide good reaction back to previous Value and Edges which is what we got to start the week as we got a move from VAH to VAL and pushed out to tag lower Edge but the whole move pretty much happened during pre market...

HollowMn

Last Week : Last week we had contract roll and Fed week, for over 2 weeks price kept holding around/over 6074 - 54 HTF Edge which also happened to be Daily Edge as well which makes it a significant area. We kept holding at/above it but we would not get any pushes or acceptance inside new Value and instead we kept seeing sells from every push attempt into new VAL....

HollowMn

Last Week : Last week Sunday Globex opened with a sell from the Edge towards VAH of lower HTF Range but we didn't have enough selling to get back into Previous Value where we have seen acceptance in previous week, instead we held over 6030s and pushed inside the Edge, as noted from last weeks prep to see higher prices we needed to stay around the Edge and hold...

HollowMn

Last Week : Last week market opened up inside the Value of this 930s - 650s HTF Range, beginning of the week we were able to stay around the Value and balance inside this 620 - 970s Intraday Range with pushes out of Value that got sold back in. Wednesday again opened over Value and sold back in with RTH Volume but closed right under VAH to finish regular trading...

HollowMn

Last Week : Sunday Globex opened and held over lower ranges Value which put is in this 940 - 880+/- Distribution Balance, holding under 930s Edge kept giving us weakness into lower VAH but Tuesday Pre Market move into Value failed after tagging the Mean, prices were able to hold and climb back over the Edge which brought stability and more buying to close things...

HollowMn

Last Week : Last week played out very well even though middle of the week had us thinking that maybe market will continue to hold inside Value above 970s as we kept getting buying in that area but it just took time to build up for the break of that cost basis at VAL to give us more selling end of week. Sunday Globex again opened over Value and grinded towards the...

HollowMn

This is a Daily chart I have been tracking for some time using HTF Balance Ranges and Structure, it may or not play out and if it does then I would think this back fill/correction can take a long time to play out, I would say over a year+ so this is not for day trading or short term swing trading but it is something to possibly keep in mind and help track our...

HollowMn Updated 

Last Week : Last week market opened under 5792 - 72 Edge which meant weakness to start the week and gave us moves towards lower VAH but again we kept getting buying at and under Previous Distribution Balance low and inside Value. We knew to be careful and that holding over 730s meant there is no need for larger supply to sell out. 724 was also an important area...

HollowMn

Last Week : Sunday Globex opened right over the Mean of Value and gave a push back to VAH where we spent the night and RTH of Monday consolidating under, staying under VAH meant weakness for us going into the week and we kept seeing flushes towards VAL but every move towards it was mostly done during ON hours and would be bought back up over 840s. Finally midweek...

HollowMn

Last Week : Last week Sunday Globex opened right at the upper Edge with a sell back to VAH. Going into the week being under the Edge and under 900 was our key to see moves back to Value, we saw pushes inside Value Monday RTH and Tuesday Pre Market which were bought up until we built more supply right around VAH which finally gave us a move into Value for the 70...

HollowMn

Last Week : Last week Globex opened and held over Value, for any weakness from there we needed to either get back under Value middle or tag VAH and come back in, instead we pushed up into VAH before the RTH which brought in more buying and gave us a push to test the upper Edge of this HTF Range we have accepted in. As mentioned Monday first tags of big HTF areas...

HollowMn

Last Week : Interesting week we had as many different things happened and it was fun to watch. Last week Globex opened and made a return back into distribution balance, RTH flushed the inventory back into VAL but we again were able to hold VAL into the close and Tuesday Globex rotated back inside balance which brought buying and gave us another failed attempt...

HollowMn

Last Week : Sunday Globex held the Edge after open which gave us an attempt at above VAL into Mondays RTH Close. We pushed above the distribution balance, consolidated under next ranges VAL and sold back to Balance low. We spent the whole week filling out that area under the Edge with sells into VAH but we never got clear acceptance under 730s which is what was...

HollowMn

Last Week : Last week market opened and failed to get under VAH during the Globex session, we needed that to see more weakness from previous week. Instead we push back inside the Edge and started balancing above most of the supply which brough stability. We got a mid week Globex stop run into next unexplored Value which couldn't hold when Volume came in closer to...

HollowMn

Will Fridays weakness continue into this last week of the month to bring price back inside Value or will we find stability above. Accepting under 5750s could signal more weakness with Supply above could give short set ups towards/inside the Cost Basis into VAL area. There is a GAP to fill, does not mean we will fill it on first attempts if there is enough...

HollowMn Updated 

Last Week : Last week it looked like we found balance inside the Value of 5368 - 5207 Range and I was early trying to call a potential Intraday balance range to be spending time around, instead market pushed back into VAH which was the spot where many were shorting the first time around and most likely the spot where a lot were shorting on that move inside Tuesday...