Mar 25, 2022 • 3M

Day Type Audio Review: $NQ futures Liquidation break into ONL and 10 day trough from yesterday

1700 CST comments on a 10 day trough defended from yesterday after harsh liquidity break

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At the end of every trading day I focus on the type of day that developed and how cycles apply to the trading that was done. I also look ahead and see how the market is transforming as I make hypotheses on cyclical activity. I then look forward to the next trading day and week using sector analysis.
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So basically there was a break from the overnight value area down into the overnight low (ONL) from today all the way into yesterday's trading at the break out area from 9:30 CST …

traders found value there because the liquidation break wasn't severe and it wasn't the market breaking down it was just people that were too long and they got TESTED… to see…

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