Normal variation range extended

Market gapped lower at the opening today opening at 1190 levels. First the market tried to go down to the 1180 levels, this levels were rejected. This was the glue we had that the conditions from last week were not changed and that the market was going to trade higher as the it was forming value in 1190. Following the 10 handle increments market went to 1200 levels for the end of the day and closed there:

1203.50 m
1202.75 m
1202.25 m
1202.00 m
1201.50 m
1201.25 m
1201.00 m
1200.50 m
1200.00 lm
1199.75 m
1199.50 m
1199.25 lm
1199.00 l
1198.75 l
1198.50 m
1198.00 l
1197.75 m
1197.50 m
1197.25 l
1197.00 lm
1196.75 l
1196.50 l
1195.50 l
1194.75 l
1194.25 l
1194.00 k
1193.75 k
1193.50 kl
1193.00 ek
1192.75 ekl
1192.50 jk
1192.25 efk
1192.00 efjk
1191.75 efjk
1191.50 ef
1191.25 fjk
1191.00 efjk
1190.75 aefjk
1190.50 efjkl
1190.25 ejkl
1190.00 efjkl
1189.75 afl
1189.50 0aefjl
1189.25 dfjl
1189.00 fgjl
1188.75 adefgij
1188.50 dfgi
1188.25 adfgi
1188.00 adegi
1187.75 adegij
1187.50 aegi
1187.25 adeij
1187.00 dehij
1186.75 acdghij
1186.50 acghi
1186.25 bcdgh
1186.00 abcdgh
1185.75 abcdh
1185.50 cdgh
1185.25 bch
1185.00 abch
1184.75 bc
1184.50 bch
1184.25 abcd
1184.00 abcd
1183.75 bc
1183.50 abc
1183.25 bc
1183.00 b
1182.75 b
1182.50 b
1182.25 b
1182.00 b
1181.75 b

Tags: , , , ,

Normal distribution profile

With all the days of the week going up one could expect a market trading lower for today as most swing traders will be closing position. This never happened, market opened higher than yesterday and formed a perfect normal distribution day closing more or less at the opening prices:

1213.75 a
1213.25 b
1212.50 ab
1212.25 b
1212.00 b
1211.75 a
1211.50 ab
1211.25 ab
1211.00 ab
1210.75 a
1210.50 ab
1210.25 ag
1210.00 abgm
1209.75 abgm
1209.50 ag
1209.25 abgm
1209.00 abgm
1208.75 abghlm
1208.50 abgklm
1208.25 abhklm
1208.00 abhlm
1207.75 bhklm
1207.50 fghkl
1207.25 0abfghkl
1207.00 cefghjk
1206.75 afhijklm
1206.50 befghjkl
1206.25 bcefhjklm
1206.00 efijl
1205.75 cefjklm
1205.50 fijklm
1205.25 cfijklm
1205.00 cefijkm
1204.75 eim
1204.50 cei
1204.25 cdeim
1204.00 di
1203.75 cei
1203.50 cdi
1203.25 dei
1203.00 de
1202.75 de
1202.50 cde
1202.25 de
1202.00 cde
1201.75 cd
1201.50 cd
1201.25 ce
1201.00 cde
1200.75 d
1200.25 cd
1200.00 cd
1199.75 e
1199.50 d
1199.25 ce
1199.00 c
1198.75 e
1198.25 c

Tags: , , ,

Double distribution value

The market opened in yesterday highs, they went down a bit to test yesterday last accepted value area at the 1180 levels. this levels were quickly rejected and the market formed volume in the 1190 levels. As this levels got accepted with volume market went up and closed in the highs at 1200 levels. this is a good example of how the S&P often moves in 10 handles increments.

10 handle rule

1202.75 lm
1202.50 lm
1202.25 lm
1202.00 lm
1201.75 lm
1201.50 klm
1201.25 klm
1201.00 jk
1200.75 lm
1200.50 km
1200.25 jkm
1200.00 jklm
1199.75 jkl
1199.50 jkl
1199.25 jkl
1199.00 jklm
1198.75 jklm
1198.50 jk
1198.25 hjm
1198.00 hjk
1197.75 bhjm
1197.50 bhj
1197.25 hj
1197.00 hl
1196.75 bgi
1196.50 ghi
1196.25 ghi
1196.00 bghi
1195.75 ghi
1195.50 bfgi
1195.25 bfgi
1195.00 afgi
1194.75 fgi
1194.50 0f
1194.25 bfi
1194.00 bef
1193.75 abefg
1193.50 bef
1193.25 abef
1193.00 abef
1192.75 abef
1192.50 aef
1192.25 abef
1192.00 ab
1191.75 af
1191.50 be
1191.25 ade
1191.00 a
1190.75 abde
1190.50 ad
1190.25 bd
1190.00 c
1189.75 ad
1189.50 bd
1189.25 cd
1189.00 cd
1188.75 cd
1188.50 cd
1188.25 d
1188.00 c
1187.75 c
1187.50 cd
1187.25 cd
1187.00 c
1186.75 d
1186.50 cd
1186.25 d
1186.00 d
1185.75 c
1185.50 c
1185.00 d
1184.75 d
1184.50 d

Tags: , , , ,

S&P-500 Trending up

Nice upside move today in the E-Mini S&P-500. The market opened at 1172 and went down to 1155 only to get aggressive buying activity in the afternoon. Structure was key here to know the market was going up but there was also some caution with the Greece situation. When it was known that Germany and France were going to support Greece again to keep them inside the european monetary union every investor and trader knew that conditions for the day were good for the overall market.

But the locals are smart, they pushed the market to much to the north to 1195 levels only to return back to the previous area with volume for the close at 1180 levels.

1196.25    m
1195.50    m
1195.00    m
1194.75    m
1194.50    m
1194.25    lm
1193.75    m
1193.50    l
1193.25    m
1193.00    m
1192.25    l
1192.00    l
1191.75    lm
1191.50    l
1191.25    l
1191.00    lm
1190.75    l
1190.50    lm
1190.25    l
1190.00    l
1189.50    l
1189.25    m
1189.00    m
1188.50    l
1188.25    l
1188.00    l
1187.75    m
1187.25    lm
1187.00    l
1186.75    m
1186.50    kl
1186.25    k
1185.75    m
1185.50    m
1185.25    jkm
1185.00    jm
1184.75    jm
1184.50    k
1184.25    jk
1184.00    jkm
1183.75    jk
1183.50    jkm
1183.25    k
1183.00    jk
1182.75    jk
1182.50    jkm
1182.25    j
1182.00    j
1181.75    ij
1181.50    j
1181.25    ij
1181.00    j
1180.75    i
1180.50    i
1180.25    ij
1180.00    ij
1179.75    i
1179.50    i
1179.00    i
1178.75    j
1178.50    i
1178.25    j
1178.00    i
1177.75    i
1177.50    j
1176.75    i
1176.50    hi
1176.25    hi
1176.00    hi
1175.75    hi
1175.50    gh
1175.25    gh
1175.00    gh
1174.75    h
1174.50    gh
1174.25    agh
1173.75    gh
1173.50    h
1173.25    ag
1173.00    afg
1172.75    afg
1172.50    f
1172.25    fg
1172.00    0efg
1171.75    efg
1171.50    aef
1171.25    aef
1171.00    ef
1170.75    ae
1170.50    aef
1170.25    ef
1170.00    aef
1169.75    adef
1169.50    adef
1169.25    adef
1169.00    ae
1168.75    abde
1168.50    de
1168.25    abd
1168.00    ab
1167.75    ad
1167.50    bd
1167.25    bd
1167.00    ad
1166.75    bd
1166.50    d
1166.25    bd
1166.00    b
1165.75    b
1165.50    d
1165.25    bcd
1164.75    bc
1164.50    c
1164.25    cd
1164.00    bcd
1163.75    c
1163.25    c
1163.00    c
1162.75    bcd
1162.50    cd
1162.25    bc
1162.00    c
1161.75    c
1161.50    bc
1161.25    bc
1161.00    c
1160.50    c
1160.25    b
1160.00    b
1159.75    bc
1159.50    b
1158.75    b
1157.75    b
1157.25    b

Tags: , , , , ,

Normal variation market profile pushing up

The market opened in yesterday highs at 1159. This values were accepted during the morning so the market was ready to move higher. As Greece and Euro Zone problems were in the rader of investors the market wasn’t able to move too high but it was enough to extend the initial range and form a normal variation day market profile with extension to the upside.

1170.00    k
1169.50    k
1169.25    jk
1169.00    k
1168.75    j
1168.50    jk
1168.25    jkm
1168.00    km
1167.75    i
1167.25    bjm
1167.00    m
1166.75    bikm
1166.50    ijm
1166.25    bkm
1166.00    bijklm
1165.75    ijlm
1165.50    bijk
1165.25    ijlm
1165.00    bchjlm
1164.75    bijk
1164.50    bhjkl
1164.25    bhijkm
1164.00    bhijk
1163.75    bhikl
1163.50    bchl
1163.25    bchi
1163.00    abhi
1162.75    bhil
1162.50    bcghil
1162.25    chi
1162.00    c
1161.75    abcghi
1161.50    g
1161.25    acgl
1161.00    cfgl
1160.75    cfgl
1160.50    cegl
1160.25    cdegl
1160.00    acdfgl
1159.75    cefgl
1159.50    defl
1159.25    aegl
1159.00    acdeg
1158.75    0cdefg
1158.50    cdef
1158.25    cde
1158.00    adef
1157.75    adef
1157.50    adef
1157.25    ad
1157.00    ad
1156.75    ae
1156.50    adef
1156.25    af
1156.00    adf
1155.75    df
1155.50    df
1155.25    f
1155.00    ad
1154.75    d
1154.50    d
1154.00    a
1152.75    a
1152.50    a
1151.75    a
1151.25    a
1150.75    a

Tags: , , ,

Market profile Last 5 Days of activity

Prices es_2011_09_06 es_2011_09_07 es_2011_09_08 es_2011_09_09 es_2011_09_12
1202.75 d
1202.50 d
1202.25 d
1202.00 d
1201.75 d
1201.50 cd
1201.25 e
1201.00 ce
1200.75 de
1200.50 d
1200.25 de
1200.00 de
1199.75 ce
1199.50 cde
1199.25 de
1199.00 cde
1198.75 ce
1198.50 ce
1198.25 ce
1198.00 cegh
1197.75 aceh
1197.50 k cgh
1197.25 k cegh
1197.00 kl fgh
1196.75 km afh
1196.50 kl bcfh
1196.25 klm fgh
1196.00 klm abefgh
1195.75 kl abfh
1195.50 jklm afh
1195.25 klm abfgh
1195.00 l abefhi
1194.75 jlm bcfgh
1194.50 jm abefgh
1194.25 jlm fgi
1194.00 jlm fg
1193.75 jm abefg
1193.50 jm bgi
1193.25 abfg
1193.00 m bfi
1192.75 him afi
1192.50 hjm afg
1192.25 him ab
1192.00 hij a
1191.75 hi bi
1191.50 hi ab
1191.25 hi ai
1191.00 hi aj
1190.75 ghi abi
1190.50 gi bij
1190.25 gi abj
1190.00 gh 0jm
1189.75 gh j
1189.50 gh bjm
1189.25 aij
1189.00 g bijm
1188.75 ef ij
1188.50 efg ijkm
1188.25 def bikm
1188.00 def ijkm
1187.75 df jkm
1187.50 ef jklm
1187.25 def ijkm
1187.00 de ijkl
1186.75 de km
1186.50 d ijklm
1186.25 d iklm
1186.00 jl
1185.75 d klm
1185.50 bd jklm
1185.25 b m
1185.00 b jlm
1184.75 bd l
1184.50 bcd l
1184.25 bd l
1184.00 bc
1183.75 bc
1183.50 bcd l
1183.25 bcd l
1183.00 abcd l
1182.75 abc l
1182.50 ac l
1182.25 ac
1182.00 ac
1181.75 ac
1181.50 0ac
1181.25 a
1181.00 a
1180.50 a
1180.25 a
1180.00 a
1179.75 a
1179.25 a
1179.00 a
1178.75 a
1178.50 a
1178.25 a
1168.50 c
1168.25 cd
1168.00 c
1167.75 c
1167.25 ac
1167.00 c
1166.75 ac
1166.50 cd
1166.25 bc
1166.00 bc
1165.75 0cd
1165.50 m bcd
1165.25 bd
1165.00 bcd
1164.75 bcd
1164.50 bd
1164.25 ab
1164.00 m abc
1163.75 abcd
1163.50 m ab
1163.25 ab
1163.00 m abd
1162.75 ab
1162.50 jm ab
1162.25 ab
1162.00 j abd
1161.75 j ab
1161.50 j abd
1161.25 jk ad
1161.00 jk bd
1160.75 jk ab
1160.50 jkm ad
1160.25 k ad
1160.00 km
1159.75 jm
1159.50 jk
1159.25 km d
1159.00 km
1158.75 km a
1158.50 km
1158.25 ijk d
1158.00 jm
1157.75 ijk e
1157.50 ikm
1157.25 ijm d
1157.00 ijk
1156.75 k e
1156.50 ijkm e
1156.25 jl de
1156.00 ijkl de
1155.75 e m
1155.50 l d
1155.25 l e
1155.00 l e
1154.75 hl h m
1154.50 hil d
1154.25 fhil e m
1154.00 fhlm h
1153.75 fhilm m
1153.50 fhlm h
1153.25 film m
1153.00 fghlm
1152.75 ghlm h
1152.50 fgil m
1152.25 fghil h
1152.00 gil eh
1151.75 ghi h
1151.50 fgh
1151.25 efgh eh
1151.00 efg eghm
1150.75 befg efhi
1150.50 fgh h b
1150.25 bef eim
1150.00 ef fghm m
1149.75 bef efijm
1149.50 e eim m
1149.25 be efhi b
1149.00 bde efhij b
1148.75 d him
1148.50 bde fijm b
1148.25 de fghijm m
1148.00 de fijm am
1147.75 abd efij bm
1147.50 bde eik b
1147.25 b egijk abm
1147.00 e fgijm bm
1146.75 ad fgijk b
1146.50 d fgjkm
1146.25 a gijk m
1146.00 ab fgjk b
1145.75 a gj b
1145.50 bd gkl b
1145.25 cd gjkl
1145.00 d gjlm am
1144.75 ad gkm b
1144.50 abc lm m
1144.25 abd klm ab
1144.00 abcd kl be
1143.75 bd kl e
1143.50 acd gklm abm
1143.25 abd kl e
1143.00 abd kl abek
1142.75 abc k bem
1142.50 b kl abem
1142.25 b m be
1142.00 ab bcde
1141.75 ac l bcdm
1141.50 ac l bcdek
1141.25 ac cm
1141.00 ac aef
1140.75 c cefkl
1140.50 acdelm
1140.25 ac adefk
1140.00 c acg
1139.75 acefkl
1139.50 c cdefhkl
1139.25 c acdfghk
1139.00 cdfhk
1138.75 c cdfgk
1138.50 acfhkl
1138.25 0 acfh
1138.00 acdfh
1137.75 cdfk
1137.50 acfh
1137.25 cdfghk
1137.00 adghk
1136.75 acdgkl
1136.50 cdfghkl
1136.25 adghl
1136.00 adghikl
1135.75 ghl
1135.50 acdghikl
1135.25 cdgil
1135.00 dgij
1134.75 dikl
1134.50 il
1134.25 ail
1134.00 aijkl
1133.75 jkl
1133.25 ij
1133.00 0ijk
1132.75 i
1132.50 ijk
1132.25 i
1132.00 ij
1131.75 ijk
1131.50 ij
1131.25 j
1131.00 ij
1130.75 j
1130.50 j
1130.25 j
1130.00 j
1129.75 j
1129.50

Tags: ,

Overlay Demand Curve

Here is the overlay demand curve of the last 5 days of trading:

1202.75    d
1202.50    d
1202.25    d
1202.00    d
1201.75    d
1201.50    dc
1201.25    e
1201.00    ec
1200.75    ed
1200.50    d
1200.25    ed
1200.00    ed
1199.75    ec
1199.50    edc
1199.25    ed
1199.00    edc
1198.75    ec
1198.50    ec
1198.25    ec
1198.00    hgec
1197.75    heca
1197.50    khgc
1197.25    khgec
1197.00    lkhgf
1196.75    mkhfa
1196.50    lkhfcb
1196.25    mlkhgf
1196.00    mlkhgfeba
1195.75    lkhfba
1195.50    mlkjhfa
1195.25    mlkhgfba
1195.00    lihfeba
1194.75    mljhgfcb
1194.50    mjhgfeba
1194.25    mljigf
1194.00    mljgf
1193.75    mjgfeba
1193.50    mjigb
1193.25    gfba
1193.00    mifb
1192.75    mihifa
1192.50    mjhgfa
1192.25    mihba
1192.00    jiha
1191.75    ihib
1191.50    ihba
1191.25    ihia
1191.00    ihja
1190.75    ihgiba
1190.50    igjib
1190.25    igjba
1190.00    hgmj0
1189.75    hgj
1189.50    hgmjb
1189.25    jia
1189.00    gmjib
1188.75    feji
1188.50    gfemkji
1188.25    fedmkib
1188.00    fedmkji
1187.75    fdmkj
1187.50    femlkj
1187.25    fedmkji
1187.00    edlkji
1186.75    edmk
1186.50    dmlkji
1186.25    dmlki
1186.00    lj
1185.75    dmlk
1185.50    dbmlkj
1185.25    bm
1185.00    bmlj
1184.75    dbl
1184.50    dcbl
1184.25    dbl
1184.00    cb
1183.75    cb
1183.50    dcbl
1183.25    dcbl
1183.00    dcbal
1182.75    cbal
1182.50    cal
1182.25    ca
1182.00    ca
1181.75    ca
1181.50    ca0
1181.25    a
1181.00    a
1180.50    a
1180.25    a
1180.00    a
1179.75    a
1179.25    a
1179.00    a
1178.75    a
1178.50    a
1178.25    a
1168.50    c
1168.25    dc
1168.00    c
1167.75    c
1167.25    ca
1167.00    c
1166.75    ca
1166.50    dc
1166.25    cb
1166.00    cb
1165.75    dc0
1165.50    mdcb
1165.25    db
1165.00    dcb
1164.75    dcb
1164.50    db
1164.25    ba
1164.00    mcba
1163.75    dcba
1163.50    mba
1163.25    ba
1163.00    mdba
1162.75    ba
1162.50    mjba
1162.25    ba
1162.00    jdba
1161.75    jba
1161.50    jdba
1161.25    kjda
1161.00    kjdb
1160.75    kjba
1160.50    mkjda
1160.25    kda
1160.00    mk
1159.75    mj
1159.50    kj
1159.25    mkd
1159.00    mk
1158.75    mka
1158.50    mk
1158.25    kjid
1158.00    mj
1157.75    kjie
1157.50    mki
1157.25    mjid
1157.00    kji
1156.75    ke
1156.50    mkjie
1156.25    ljed
1156.00    lkjied
1155.75    em
1155.50    ld
1155.25    le
1155.00    le
1154.75    lhhm
1154.50    lihd
1154.25    lihfem
1154.00    mlhfh
1153.75    mlihfm
1153.50    mlhfh
1153.25    mlifm
1153.00    mlhgf
1152.75    mlhgh
1152.50    ligfm
1152.25    lihgfh
1152.00    lighe
1151.75    ihgh
1151.50    hgf
1151.25    hgfehe
1151.00    gfemhge
1150.75    gfebihfe
1150.50    hgfhb
1150.25    febmie
1150.00    femhgfm
1149.75    febmjife
1149.50    emiem
1149.25    ebihfeb
1149.00    edbjihfeb
1148.75    dmih
1148.50    edbmjifb
1148.25    edmjihgfm
1148.00    edmjifma
1147.75    dbajifemb
1147.50    edbkieb
1147.25    bkjigemba
1147.00    emjigfmb
1146.75    dakjigfb
1146.50    dmkjgf
1146.25    akjigm
1146.00    bakjgfb
1145.75    ajgb
1145.50    dblkgb
1145.25    dclkjg
1145.00    dmljgma
1144.75    damkgb
1144.50    cbamlm
1144.25    dbamlkba
1144.00    dcbalkeb
1143.75    dblke
1143.50    dcamlkgmba
1143.25    dbalke
1143.00    dbalkkeba
1142.75    cbakmeb
1142.50    blkmeba
1142.25    bmeb
1142.00    baedcb
1141.75    calmdcb
1141.50    calkedcb
1141.25    camc
1141.00    cafea
1140.75    clkfec
1140.50    mledca
1140.25    cakfeda
1140.00    cgca
1139.75    lkfeca
1139.50    clkhfedc
1139.25    ckhgfdca
1139.00    khfdc
1138.75    ckgfdc
1138.50    lkhfca
1138.25    0hfca
1138.00    hfdca
1137.75    kfdc
1137.50    hfca
1137.25    khgfdc
1137.00    khgda
1136.75    lkgdca
1136.50    lkhgfdc
1136.25    lhgda
1136.00    lkihgda
1135.75    lhg
1135.50    lkihgdca
1135.25    ligdc
1135.00    jigd
1134.75    lkid
1134.50    li
1134.25    lia
1134.00    lkjia
1133.75    lkj
1133.25    ji
1133.00    kji0
1132.75    i
1132.50    kji
1132.25    i
1132.00    ji
1131.75    kji
1131.50    ji
1131.25    j
1131.00    ji
1130.75    j
1130.50    j
1130.25    j
1130.00    j
1129.75    j
1129.50    j

Tags: , , , ,

Indecision in the ES

indecision dominated the market today.  the opening was lower then friday last value area of the double distribution, this lower prices was rejected at the opening and the market went to this friday value. Again the friday value was rejected and the market traded lower forming value down there. in the last hour of the trade the market unexpectedly rally and closed in the highs.

this last rally, could be caused by rumors of China buying Italy debt, it is not the first time this rumor is around as a possible solution for Europe problems but this was never confirmed. This rally was dangerous for a day trader as structure was telling that the market should return to its daily mean, this never happened.

the market profile of the day was a normal day in shape with extension to both sides of the range:

1155.75    m
1154.75    m
1154.25    m
1153.75    m
1153.25    m
1152.50    m
1150.50    b
1150.00    m
1149.50    m
1149.25    b
1149.00    b
1148.50    b
1148.25    m
1148.00    am
1147.75    bm
1147.50    b
1147.25    abm
1147.00    bm
1146.75    b
1146.25    m
1146.00    b
1145.75    b
1145.50    b
1145.00    am
1144.75    b
1144.50    m
1144.25    ab
1144.00    be
1143.75    e
1143.50    abm
1143.25    e
1143.00    abek
1142.75    bem
1142.50    abem
1142.25    be
1142.00    bcde
1141.75    bcdm
1141.50    bcdek
1141.25    cm
1141.00    aef
1140.75    cefkl
1140.50    acdelm
1140.25    adefk
1140.00    acg
1139.75    acefkl
1139.50    cdefhkl
1139.25    acdfghk
1139.00    cdfhk
1138.75    cdfgk
1138.50    acfhkl
1138.25    acfh
1138.00    acdfh
1137.75    cdfk
1137.50    acfh
1137.25    cdfghk
1137.00    adghk
1136.75    acdgkl
1136.50    cdfghkl
1136.25    adghl
1136.00    adghikl
1135.75    ghl
1135.50    acdghikl
1135.25    cdgil
1135.00    dgij
1134.75    dikl
1134.50    il
1134.25    ail
1134.00    aijkl
1133.75    jkl
1133.25    ij
1133.00    0ijk
1132.75    i
1132.50    ijk
1132.25    i
1132.00    ij
1131.75    ijk
1131.50    ij
1131.25    j
1131.00    ij
1130.75    j
1130.50    j
1130.25    j
1130.00    j
1129.75    j
1129.50    j

Tags: , , , , , ,

Lower double distribution in the E Mini S&P-500 Futures

Another day of value being accepted lower. In the morning market traded lower and accepted new value in the 1160-1165 area forming some volume. Then the market moved lower and formed more value in the 1145-1150 area. Finally at the end of the day the market tried to get lower, this prices were finally rejected and the market closed in the second double distribution area.

1168.50    c
1168.25    cd
1168.00    c
1167.75    c
1167.25    ac
1167.00    c
1166.75    ac
1166.50    cd
1166.25    bc
1166.00    bc
1165.75    0cd
1165.50    bcd
1165.25    bd
1165.00    bcd
1164.75    bcd
1164.50    bd
1164.25    ab
1164.00    abc
1163.75    abcd
1163.50    ab
1163.25    ab
1163.00    abd
1162.75    ab
1162.50    ab
1162.25    ab
1162.00    abd
1161.75    ab
1161.50    abd
1161.25    ad
1161.00    bd
1160.75    ab
1160.50    ad
1160.25    ad
1159.25    d
1158.75    a
1158.25    d
1157.75    e
1157.25    d
1156.75    e
1156.50    e
1156.25    de
1156.00    de
1155.75    e
1155.50    d
1155.25    e
1155.00    e
1154.75    h
1154.50    d
1154.25    e
1154.00    h
1153.50    h
1152.75    h
1152.25    h
1152.00    eh
1151.75    h
1151.25    eh
1151.00    eghm
1150.75    efhi
1150.50    h
1150.25    eim
1150.00    fghm
1149.75    efijm
1149.50    eim
1149.25    efhi
1149.00    efhij
1148.75    him
1148.50    fijm
1148.25    fghijm
1148.00    fijm
1147.75    efij
1147.50    eik
1147.25    egijk
1147.00    fgijm
1146.75    fgijk
1146.50    fgjkm
1146.25    gijk
1146.00    fgjk
1145.75    gj
1145.50    gkl
1145.25    gjkl
1145.00    gjlm
1144.75    gkm
1144.50    lm
1144.25    klm
1144.00    kl
1143.75    kl
1143.50    gklm
1143.25    kl
1143.00    kl
1142.75    k
1142.50    kl
1142.25    m
1141.75    l
1141.50    l

Tags: , , ,

Double distribution accepting lower prices in the s&p

In the morning the market went to test yesterday highs at 1200. This levels were rejected by the market and the prices dropped and formed value in the 1190 area. For the afternoon with Bernake speech in the economic club of Minnesota  the market traded lower. This lower levels formed value and were accepted, market closed in the lows forming a double distribution market profile day. Value is moving lower:

1202.75    d
1202.50    d
1202.25    d
1202.00    d
1201.75    d
1201.50    cd
1201.25    e
1201.00    ce
1200.75    de
1200.50    d
1200.25    de
1200.00    de
1199.75    ce
1199.50    cde
1199.25    de
1199.00    cde
1198.75    ce
1198.50    ce
1198.25    ce
1198.00    cegh
1197.75    aceh
1197.50    cgh
1197.25    cegh
1197.00    fgh
1196.75    afh
1196.50    bcfh
1196.25    fgh
1196.00    abefgh
1195.75    abfh
1195.50    afh
1195.25    abfgh
1195.00    abefhi
1194.75    bcfgh
1194.50    abefgh
1194.25    fgi
1194.00    fg
1193.75    abefg
1193.50    bgi
1193.25    abfg
1193.00    bfi
1192.75    afi
1192.50    afg
1192.25    ab
1192.00    a
1191.75    bi
1191.50    ab
1191.25    ai
1191.00    aj
1190.75    abi
1190.50    bij
1190.25    abj
1190.00    0jm
1189.75    j
1189.50    bjm
1189.25    aij
1189.00    bijm
1188.75    ij
1188.50    ijkm
1188.25    bikm
1188.00    ijkm
1187.75    jkm
1187.50    jklm
1187.25    ijkm
1187.00    ijkl
1186.75    km
1186.50    ijklm
1186.25    iklm
1186.00    jl
1185.75    klm
1185.50    jklm
1185.25    m
1185.00    jlm
1184.75    l
1184.50    l
1184.25    l
1183.50    l
1183.25    l
1183.00    l
1182.75    l
1182.50    l

Tags: , , , ,