Profiling is the core of our trading approach and analysis because it captures how all market participants (institutions, hedge funds, retails, etc) interacted with various prices. While no market cycle is the same, there are consistent behaviors in auctions that are millennia old and are not going away. This means we can see how these [...]
Take a look at this pre-market chart of Nasdaq futures: NQ (Nasdaq futures) are gapping (A gap is where we open completely outside the range of the prior session) into what we call an "extreme posture" in this chart. Nothing says short here yet, but this configuration does tell us it is getting late for longs [...]
