Wyckoff volume benchmarking / market profile bt analysis board

[jxyzobrien]

knowing the rules and script
the market will use news to do what it wants to do
the news is really subjective
both eco reports pretty much inline

so monitor for continuation
AS ew says each day will different so i expected a gap up (75 pct chance probably not 100pct)


so 65 pct chance of inventory adjust since market is too long
we hold the big candle
stop at vwap then trampoline bounce
15 min 20da ma held

[Twilson]

Appears going higher bulls or bots are in control

[Twilson]

Wow wish I had bought a few calls at close yesterday....but

[Beerworld]

Meme stocks down and market doesn't care, seems like a good sign.

[jxyzobrien]

bt board deader then disco

[jxyzobrien]

script playing out
10am eco nline rally



inventory adjust
excess high on nq

[Twilson]

Grass cutting today maybe I can catch something later in the day

[jxyzobrien]

market liked
the ppi and cpi

[jxyzobrien]

if no early pullback
inventory too long not bearish
we have a blue sky breakout
there should be some FOMO

i will be surprised if inventory does not get adjusted
65 pct chance of that

[jxyzobrien]

market is very very deceptive
its job is to get you to get out of position and force you to sell or buy wrong
trades should always be based on location

yesterday the market had excess low ATH
since market did even pullback to fib .5
go go that is a liquidation break and has taken out the sellers
we had 2 inventory adustments and failed to break the vwap
it then did the vwap trampoline bounce zoom

today was to be different and jump the creek was a high probability
clues were a dollar gap down and tnx gap down before the news.

as long as we hold fib .5 of the big candle or hold the vwap NO SHORTs
where to buy

[jxyzobrien]

ew
today will be different
so zoom up
gap up jump the creek
cpi inline

dollar down tnx down
retail sales manufacturing down

monster excess high forrning
market must hold vwap

[jxyzobrien]

tim ord

[Twilson]

Spy looks like it is right at ATH

[jxyzobrien]

3 liquidaton breaks
1 time frame and explode
what will tommorrow b
if a swing point had failed short time NOPe

eod closed with poor high
but it did not push away indicating the move is not done

[Twilson]

Looks like it is climbing Mt Everest

[jxyzobrien]

market stopped before testing swing point
put call weak today
so it was buyers and shorts covering


it wants to jump the creek
everyone continues to be a bear tard
if we had an excess high bearsuit ready nope
when a market gets near a high of year it will test it
unless it sells hard first

so go up to the swing high pullback then
trap the early shorts

https://schrts.co/tBqxGYNC

[jxyzobrien]

tommorrow
will be different
how i do not know

[Twilson]

Will see how the market takes cpi

[jxyzobrien]

charts not speeches
delta LOL
solar storms LOL
vwap held up no LOL


3 liqudiation breaks today adjusting inventory
30 min 1 time framing after lunch


topstep traders completely clueless today
short more short more


liquidaton break got out the shorts
and most topstep traders saying its
got to sell
the selling ended premarket

clue today reaccumulation at vwap
and then vwap trampoline bounce
everyone wanted to short all da
market see this and punishes them

[Twilson]

Bulls are in control for sure just wonder how market will react to CPI in the AM?

[jxyzobrien]

2 days balancing lead to this
great qqq calls
market did not care what powell said and why he ignores that
solar storm LOL

market pulled back on lack of buyers not sellers
buyers came in at vwap and reaccumulated
then slammed up doing abcd up

[jxyzobrien]

the M continues
lunchtime
trade the edges

[jxyzobrien]

you never how exactly
the market will react to news

dalton- i do not care what the news i want to know what the market thinkss
and when the event happens

i want to buy daltons latest book when it comes
he has completely changed many things in market profile

[Twilson]

Have to cut grass tomorrow

[jxyzobrien]

goog in 1 50 mins
we should do an M and chop for a few hours

time to cut the grass and feed the animals

[Twilson]

It has turned into chop

[jxyzobrien]

auction in 30 mins
topstep it already sold off so either trickle up or chop


when what should happen does not
market mildly dumped to 1 min rsi 30

the human brain and topstep
is behind the algos they all want to short now WHEN IT FEELS GOOD
trades that rock usually feel bad

since the market did not give anything new
the market has a relief bounce

where is the solar storm selling
but shane did say last week up

[Twilson]

You are probably right in very lite and has not hit my stop yet

[jxyzobrien]

what i see
which maybe wrong
the down move was just a fakeout
it did not go far
barely only to 1 min rsi 30

Dakota wrong all day now short
i think we go back to highs

what is sds sayin

[Twilson]

In spy puts right now

[jxyzobrien]

short terms traders only
they can and do move it everywhere
good girls go to heaven and
es futures bad girls go everywhere

[jxyzobrien]

ppi was really inline
dakota now -900 coming back
now dump

when i learn patience it will be glorious
+200 in stead of +2000
but a win is a win

[Beerworld]

I am surprised at market reaction to PPI.

Most places where MRI's done are very aware of the worries people have and are very understanding. That's my experience.

[jxyzobrien]

dakota down a tad
vwaps got tested twice and could not break em down
the 1 min big H hell for shorts

i am up ok
got lucky nq long

all above vwap

[jxyzobrien]

just at a tad
not liking being cooped up
will read up on what to do

powell hawkish
inflation longer then expected
now housing good LOL up

[jxyzobrien]

double speak
made money on nq long
no put buying
but some aggresive shorting
if buyers come in zoom

[Beerworld]

Are you claustrophobic at all? Some have MRI problem with that.

[Twilson]

Not sure what Powell is saying do you?

[Twilson]

The newer ones have allot more room and they may do a open mri.

[jxyzobrien]

a tad scared
good
pb
nq 270 260 buys

[Twilson]

I have had a few MRI's nothing to it really.

[jxyzobrien]

really ppi was inline
powell 10am
goog conference too

market waiting balancing again
ignore cnbc unless Tnx zooms

cnbc is like dead fish in a trunk
they report old news

back from docs
have to get mri never had 1

[Twilson]

Now cnbc talking about raising interest rates

[jxyzobrien]

eco sensitive rty up
so market
trying to rally

came in hot
dump

[Twilson]

Yeah may depend on what Powell says

[Twilson]

I can use it but seems a step back from TD screen now have to refresh to see S&P and Nasdaq price it was running in real time on TD .

[jxyzobrien]

is ppi inline
market sleeping 830 ppi
at docs today
not sure how the market will use the data

[jxyzobrien]

hope all gets fixed
today the market gaped and craped a bit
but returned to previous days prices and those were rejected
nq stronger
es went deeper into the previous and bounced at previous lows

volume confirmed the market is balancing and waiting for the ppi

[jxyzobrien]

tomorrow ppi
a big deal
10am powell

[Twilson]

It says on but all the indexes at the bottom of the page are not in real time maybe they are still working on it.