Market Profile Analysis of S&P Futures – 01.16.17…

Value Areas and POC figures for /ESH8 and /NQH8 Futures are posted free every morning HERE. Click on any posts in the list on the left pane to see them in the main window. Don’t click on the ST logo as it will just refresh the page and you’ll get only the topmost post over and over. Click on the title or text.

www.windotrader.com/shadowtrader – click to enlarge

Diregard the shortened RTH session from yesterday. We don’t use it for any market profile calculations.

Double digit gap this morning outside of Friday’s range. Gap rules apply.

I purposely took the snapshot of the distributions wider out this morning to show just the recent VPOC’s which are an everyday phenomenon recently. Also note the steepness of the advance. People have often asked me what it would look like if there was to be a “blow off top”. I would say this is what it looks like.

We have a new all time high again at 2803.50 in an overnight session. Carry this forward.

Any meaningful change to the tone would have value develop below Friday’s VA. Anything other than that is status quo.

Have a great day,
peter