For Monday,
You may notice that the S4 for the Russell has "no Data" in that cell. This is because for the time periods that I use there is no volume data this low. What does this indicate - new lower lows.
In fact I had to set the ES Charts way back to get data to derive volume wieghted S&R areas - trade with the trend, sell rallies against the numbers.
The Fed is rumored to lower raite this week - well see if we get into a buy the rumor, sell the fact situation -
From the TradeMaven Software, Volume Weighted Pivot Support and Resistance for 17 Feb:
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A comprehensive trader’s education forum focused on e-Mini S&Ps and U.S. Treasury Bond Futures. TradeMaven’s Inside Edge features the necessary analytics and execution information in one place to speed up your decision process, keep you on the right side of the market, and eliminate so much of the noise that surrounds trading today. This unique forum is the brainchild of Charles Cochran – a trading pro who has spent the last 15 years fine-tuning a proven methodology that eliminates extraneous information and concentrates on the market activity that matters: the market activity that foretells the market's next move.
