1409-1410 is the top of the lower Balance area from Aug - See Monday's blog post. Acceptance below that level targets a range Gap made on Sept 6 and the 1400 level. If we open now - we would gap lower. If the Gap holds - trade in the direction of the Gap. If the Gap is filled - see if Value can get to unchanged. An ideal long would be a failure to find acceptance below 1409-1410 level.
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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