We have left some imbalances behind following yesterdays explosive move that need to be cleaned up prior to continuation. META 40bln buyback may put a dent on any dip adds and we could continue right at the open into BSL. I'd be looking to fade this initial move if so back to value.

On the hourly we have what appears to be a large BISI (buyside imbalance - sell side inefficiency) and multiple FVG's (Fair Value Gaps) within. Below equilibrium is our return to discount, so those are the FVG that I find the most interesting.

I do like to mix in Volume Profile with ICT concepts as it is a tool that I have grown to love over time. Yesterdays Point of Control comes very close to the FVG+ I have in interest.

Long story short, I'm bullish but will fade any opening rally until we get a return to premium to pivot back long intraday.

The short must have a BoS- with displacement to the downside at a key reversal time. We don't get in front of this just because. Control the drawdown. ES1!

yday for reference:
ES 2.1.23
تعليق
4210 is a single print node - keep this # in mind.
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We almost ran BSL before open
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Called 3/17 390p SPY - I think 4220 is top.
تعليق
4208.50 was todays high - close enough.
Fractalicticteducationictsetupictstudent

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