Tue. 04_02

today's trade
nice bounce off the pre-market midpoint that coincided with a zero-line touch of the Adv/Decl (see below)

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

breadth (the Advancing/Declining Issues and Up/Down Volume are for the S&P500 only)

Opening swing:  Open Reject Reverse Opening type.  The lows coincided with the previous day's LVN and Friday's POC.  This is a 'fast' chart so to better see the opening swing, for a definition of terms you can look at this site http://www.futurestrader71.com/?page_id=1280 .

I failed to take action on the opening sequence.  Overall not much trading done.

5min SPY with premarket

ES Volume profile: Day type = Neutral Day.
 I got the idea to include this from @eminiplayer ...the idea is not my own, but I thought it would be a good thing to include in a daily wrap-up.  FYI the low of the day was 59.5  the long tail here is due to globex inclusion.

Mon. 04_01

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

5 min ES with globex. Subgraph 1 = 15m 3/10macd, subraph 2 = 5min 3/10macd

SPY 65min showing 2c-2d while 15min showing 3d, typically a long setup (with 15m fast line going green).  Needs above $156.30

Wed. 2_13

This didn't post yesterday evening, so...

today's trade

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:  

Fairly frustrating day.  Didn't take any trades until 1pm.  As it would turn out, frustration can be patience in disguise.  

The higher time frame (65m) looks like it may be setting up to go higher?  Provided we get above/hold $152.25 we may get another impulse move higher.  This would "re-set" the faster time frame (15m) 3/10 macd back to a bullish bias (3a to 1a).  Essentially we would be anticipating the 65m fast line to turn green and to trade that anticipation we would be looking for the 15m to turn 3a OR a pullback of the fast line into the positive sloping slow line (so it would be something like 3a to 1a to 1b and back to 1a).
Look at how ridiculous the $151.75 support held, it's the definition of "underlying bid".  Two days left in Options Expiration week, it can always get freaky.