thanks for computer help spdpro found some great buys on EBAY i will be purchasing this weekend.
Market profile when the market goes sideways after rallying its building value or cause.
while its choppy in this mode it acts very predictable and weak.
It fails at previous highs or value area highs and the same for lows/highs.
Breadth will be tight ticks do not go to extremes. software sets the buys and sells at these levels since it happens so fast.
Value area will be important. so when you see the market go above value after days go in long and hard buying options when you feel comfortable.
So after resting the lead institutions come in hard. they have trained retail traders to look for and accept gap and crap or bounce off lows. The brain looks for similarities and and danger.
shadow 1 psychology is wrong now. he keeps saying its more over bought sometime it will fall hard. his methodology does not do well with straight up markets. He is never seen it.
Until you see a market behavior with whatever methods you use its puzzling and confusing.