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Re: None

Sunday, 06/03/2012 7:03:33 PM

Sunday, June 03, 2012 7:03:33 PM

Post# of 368
NQ Volume Profile data set:

selected Low Volume nodes now nearby are -

2447.75

2425.50

at Low Volume nodes, where relatively little price "business" has taken place in the past, the current price action
usually

1. either reverses when approached

OR

2. blows immediately through to the other side of the Low Volume price level

at High Volume nodes, new price action tends to at least briefly pause when the High Volume node is approached

--------------------

the NQ overnight session low so far = 2437.25 as of June 3rd 7:02 pm edt

--------------------

NQ 2403 to 2380's is a horizontal inflection zone which I consider marks a prior horizontal breakout of importance, so could easily now act as
a magnet for the current decline sequence...especially prior to the Monday day session

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