AI
Thursday, January 25, 2018 12:38:56 PM
value area
is 75% of previous days ES volume range. where most of the trades
occurred. institutional traders use it.
so the market stayed within value when it sold off
but failed to test the bottom of value area.
so a normal move is to top of value area,
this is why its struggling at value area hi. there a lot of sellers there.
is 75% of previous days ES volume range. where most of the trades
occurred. institutional traders use it.
so the market stayed within value when it sold off
but failed to test the bottom of value area.
so a normal move is to top of value area,
this is why its struggling at value area hi. there a lot of sellers there.
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