Yeah attached an example for clarity, been meaning to check with you on this because I've been curious but found nothing in the docs and it's not something ever really highlighted in the posts so I figured it wasn't too important.
So it's not directional, more so signifies the magnitude of the move generally right? Regardless of KNs just talking the background here but purple would be ideal for shorter term DTE to expect a quicker move essentially right?
LEFT: SPYs pre-market Tuesday chart at 9:06am with my key support level at $731.83.
RIGHT: SPY yesterday afternoon after that was tested.
Now what if I told you the key resistance you see on that Tuesday chart at 740.79 was also there Monday and ended up being the highest R downside trade of the day.
These are all timestamped and posted for free in the server every pre-market same as last week, same as last year. I chart and track SPY/QQQ/ES/NQ every day and make it easy to follow through a free TradingView indicator. Come check us out.
All it took was 2 levels to catch the major moves last week, ES 7410.50 and NQ 29,480.
Tuesday ES had clean retests for trades on both sides from the morning fade to power hour lotto longs
Wednesday: Same ES retest, same long.
Thursday: NQ 29,480 hit at open and marked LOD.
Friday: Best short of the day on the other side of Thursdays price action.
Friday closed and held right at ES 7410.50, I would be watching the direction here on Futures open today.
Posted each morning before the bell so we can filter out some of the noise, and react instead of predict. Get these levels and all of @FatherXimez aura live in the discord.
https://t.co/qDQscmtMRu
@FatherXimez A lot of people in the space claim to be for retail and for the people, but @FatherXimez really does do this all for free and I've seen him go out of his way so many times to help people, and has even prioritized his alerts over his fills which only cost him $.