Overnite saw no further continuation to the upside. O/N Inventory is Short. Trading below the O/N Low 1351-52 area puts us into the Lower Distribution - which is negative. If there is to be upside continuation - Value should be higher and Price should find acceptance above 1360 level. If we Open now - we would open in Balance - which calls for a rotational day i.e. opportunities will be limited.
TRADING E-MINI S&P FUTURES USING MARKET PROFILE. GET DAY TRADING STRATEGIES AND UPDATES PRIOR TO THE OPEN, AND KEY SHORT TERM MARKET OPPORTUNITIES. DISCLAIMER: Any materials and information you obtain at this website is exclusively for educational purposes. You further acknowledge that any trading or investment decisions you make are totally your own and it is further understood and agreed that the author Atul Malhotra is not liable for any damages or losses that you may incur.
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