Value Areas and POC figures for /ESZ7 and /NQZ7 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.
New all time highs again in an overnight session. Gap of 9 currently and outside of yesterday’s RTH range so gap rules apply. Overnight inventory is close to 100% net long.
2580.75 which was the prior all time RTH high is the first reference point on the downside. 2584.00 is the upside reference at the ONH.
The only early consideration is whether or not the gap is gap and go or fails to hold the ONH and retraces a bit. Context is everything.
Have a great day,
peter
Source link