ICT YT - 2022-06-29 - Index Futures AM Session Review - 06282022
Last modified by Drunk Monkey on 2022-07-09 07:15
| 1 | 00:00:05,069 --> 00:00:18,689 | ICT: Hi folks, just a quick little review here. So on the left hand side we have the s&p Emini and the right chart we have E Mini, NASDAQ, both with him and |
| 2 | 00:00:18,689 --> 00:00:33,479 | timeframes. Here we have s&p Relative Strength later this morning. That's because of this low in this lower low on NASDAQ was not seen the lower low in |
| 3 | 00:00:33,479 --> 00:00:52,169 | s&p that set up the s&p divergence and this low was taken out here and I mentioned all this in short little vignettes on my Twitter feed. So we see |
| 4 | 00:00:52,409 --> 00:01:07,589 | rallying for by side I was waiting for 10 o'clock news to hit here and I wanted to see if it would run to device I did it ahead of the 10 o'clock news. So |
| 5 | 00:01:11,939 --> 00:01:30,929 | bearish order block final portion of this imbalance pits it here so both s&p and NASDAQ had due to swing at 930 It broke down attacked the lows here the initial |
| 6 | 00:01:30,929 --> 00:01:37,469 | loads a day in previous day's low and we dropped down into a five minute chart |
| 7 | 00:01:44,280 --> 00:01:57,690 | getting to see the rallying up the built in a premium to the opening at 930 Going into the 10 o'clock news right there they're here this candle broke down |
| 8 | 00:01:57,690 --> 00:02:21,960 | heavily accumulated more shorts in here and distribution down into relatively colos might not be done but it's already too far for today to chase at least |
| 9 | 00:02:22,800 --> 00:02:40,530 | before lunch ends. So we'll look and see what we get in regards to the pm session on a Monday chart for this morning short term low broken with |
| 10 | 00:02:40,530 --> 00:02:52,590 | displacement fair value gap in here trades up into that your model relative equal lows here that's your first partial there feels a fair value gap here |
| 11 | 00:02:53,490 --> 00:03:08,700 | breaks lower displacement below here fair value gap once more re accumulation of shorts sells off cumulate some more shorts rebalances and delivers down into |
| 12 | 00:03:10,320 --> 00:03:16,980 | fear as I mentioned at the beginning of the video NASDAQ same thing |
| 13 | 00:03:22,800 --> 00:03:31,500 | okay rallies it's the bots on liquidity I was mentioning in the session displacement below the short term low here we have a fair value gap trades up |
| 14 | 00:03:31,500 --> 00:03:46,920 | ended up that's your short for NASDAQ so liquidity first partial retracement rebounds accumulates more shorts in here as well for Vega trades lower and then |
| 15 | 00:03:46,950 --> 00:03:54,060 | has since now ran out those relative equal lows on the 15 minute time frame |
| 16 | 00:04:02,069 --> 00:04:13,379 | save a little bit of range in here we could probably work towards closing in at the Excel off today guys. Alright. I'll catch up with you. I guess tomorrow, |
| 17 | 00:04:13,439 --> 00:04:15,389 | Lord willing. Until then be safe. |