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$ES 5/12 finished auctions study study study

#ES_F first a little scratch that’s been a bad execution cause of FOMO. Second trade caught that rebid it turned playing out well. Finally executing trades with evals after a month of sim. Starting gaining confidence.

@ImreSG Let’s goo🔥

Countdown to CPI! Link to this free event: mrktedge.ai/cpi-webinar

@ImreSG Facts

Reading the flow, scalping ladders, analyzing market & volume profiles... Anyone can learn that stuff. It's not particularly difficult. But... if you think you're going to crack the code watching videos, you're so sadly mistaken. You need to learn how to THINK

@DoubleWideCap @RP_RP_RP No worries man, love your content🔥

@raidthelow @RP_RP_RP thanks

What type of week was it? Trend (open in lower range, close in upper range) Did volume follow price? Yes (volume poc finishes in upper range) What type of price action? Momo (poor low, virgin pocs, singles) with balance mid-week What is the monthly doing? Price discovery to the upside. What does the weekly expected move imply to start the week? One time framing up to continue on the weekly. What does volatility suggest heading into the week? Buy risk assets, sell volatility What does market breadth suggest? Narrow rally Headline Risk? Abso-fucking-lutely, multiple times a day Cautious bull outlook heading into the week. If early strength the potential for late week liquidation. If early weakness look to buy the dip in the low to mid 7300s. Eventually it will stall, the weekly expected move will open up the door to a possible break down and weekly pullback to set a higher low on weekly. First sign of change will be daily value. Markets don't go bull-to-bear they go bull-consolidation-bear. About 1 in 10 weeks, historically, will go inside week or outside week so I'm always looking for a break of previous week low or previous week high.

@RP_RP_RP @DoubleWideCap It’s sierrachart

@DoubleWideCap What service or software are you using to create these charts?

My read is that we are now setting up for 2-way balanced trade, with heavier seller participation, over the next few days. Shorts are finally feasible for me, in the short term. #NQ_F 28670s has developed as a reasonable candidate VPOC, with a likely range from 28200 to 29000. A final push above to test the response at 29000 would not be surprising, and I will plan to short 28800 - 29000, being wrong somewhere above 29100. #ES_F is not quite as clear, with a bit of a double distribution. Either way, I think 7300 to 7430 is likely to mark the tradable range, with a shortable zone of 7390 - 7430, while it figures out the POC. The green zones are where I expect to be buying, the red zones where I expect to be selling. I won't be hitting lows or lifting highs. The "why" is beyond the scope of this post, and there are several factors. Some of this is narrative focused, but much is just standard auction mechanics and structure plus volume. This is not a top call in the least. I'm just listening to the market, and what I hear is that it's ready to pause again, and that full porting longs at the highs is no longer likely to work as it has been in recent days. I have my zones and outside those zones I will update and reassess my hypothesis. YMMV and this map is only my perspective. Cheers! $SPY $QQQ

@DoubleWideCap @Penny_Lane_BBM Nq is that Saturday night stripper that you feel bad on Sunday for, es is that sweet blonde from high school who would’ve given you the world

$ES_F 📡 Auction market theory this.. AMT that. Order flow this... order flow that... What even is gamma? Really it was just the mitigation of the gigachad gap overlapping the iFVG which was right-verted thanks to the subliminal messaging made obvious by the stop run

Absorption is when the market moves directionally, then stalls or goes sideways even though there is strong delta behind the move. In this example, the market may show a lot of positive delta, meaning aggressive buyers are lifting offers, but price is not moving higher. This usually means passive sellers are absorbing that buying pressure by reloading offers on the DOM. So the question is: How can we build so much positive delta without price moving higher?

Monday May 4th Recap: Market was opening within the 56-48s. This was my area of interest where above would give me confidence in longs while below would give me confidence with shorts. Upon market open, there was significant activity (+2000 delta) at the 50s. Intraday I adjusted to as long as we remain above this delta buyers would be more likely to traverse Friday's distribution. 1st trade came from a taper within the 50s that had aggressive selling trapped. Trade immediately worked in my favor but a massive random spike stopped me for -2pt. 2nd trade came once we were able to accept above the 56s with strong buying entering the market. Once we saw this with some absorption from the sellside on the DOM, I took the market long. Was able to scale out at the 66s and was looking to scale out 1 more at the 73s which missed by a point and a half. After that we saw a massive drop due to Iran news which stopped out my runners for BE. Great trades today with one unfortunate stop and lack of follow through. Anything random can happen with these current market conditions.

@jayalxndr 🙌

$750 banger. what a week for me.

@EsBoltoise Nigga larpmaxxing

9 hours of globex BTW Sunday Globex open is driven by thin books and aggressive market orders, so even small size can push price fast—watch the tape for imbalances (stacked bids/asks getting lifted or hit). The key is whether those moves get follow-through or absorption: if large limit orders keep getting hit but price doesn’t move, that’s strong passive liquidity (likely reversal setup). Early moves often create poor structure (single prints, low volume nodes) that later get repaired during NY, especially if they were driven by weak hands. Track where delta diverges from price (e.g., price up but selling pressure increasing)—that’s often trapped traders building fuel for the opposite move. Real edge comes from spotting when aggression fails—that shift from initiative to absorption is where reversals or squeezes start.

@Jula_Trades Nice trades bro❤️

Monday's Recap: Rotational type of day. Opening within Friday's main distribution, the main goal was to observe for pullbacks into Friday's singles. As long as we held above that, market was more inclined towards longs as we continue to shift value higher. Large blip down 9:47 with large aggressive buyers coming in allowed this to be a no brainer of an entry risking only 2 points in the case we saw a deeper rotation lower. Lack of follow through today so came short from the 7200s but other than that great trade. Around 11:21, had alerts set around the LOD where we saw large sell side prints but lack of follow through. Once we were able to see buyers come into the market was able to long on the burner funded (use for more holding till EOD positions) and was able to fill the 78s and close almost close to the EOD once we breached ONH. Predetermined level ✅ Initiative activity ✅ Sit back and watch ✅

I have been VERY vocal about how low volume rallies are not bearish at all, and have been bullish since this rally began (see my posts from March 25 onward for a real-time read of the narrative shift). After today, however, I'm actually a little cautious for the first time. Let's talk volume nuance. Volume = participation. Nothing else. On the way down at the end of March, we did not have capitulatory volume. The volume was not special. $SPY volume after March OPEX just kind of sat there around 90-100M shares. It was indicative of the narrative getting tired. We had an outlier high volume day on March 31 when we gapped up (on de-escalation headlines) and ramped on "2 to 3 weeks" comments. *This* type of heavy volume is welcome. It was the true turnaround point. Buyers were signaling that they were ready. We then had a Good Friday holiday and some low volume days, and I explained *why* volume was low, in this post: x.com/XennialTrader/… . Stick with me here. The market was balancing, so we expect low volume, and on April 7 after cash close the official 2-week ceasefire announcement came. This gave us the monster gap up on the 8th which held, on an elevated volume day. So after April 8, what do you want to see? I absolutely do NOT want to see heavy volume. Why? We are just above the midpoint of the ATH and the March lows. Elevated volume right here says that sellers are re-engaging. They've been absent for 7 days. The last thing I want to see is *more* participation. We continued our climb to new ATHs, and in this entire context, low volume means sellers are absent. Great for longs. However, as we get above new ATHs, rotate, and begin a next leg up, if I'm long, at this point every new poke above highs we make with lackluster volume begins to concern me. Sellers have been absent for weeks. But now we need some signs of initiative from buyers. For example, this morning buyers showed that they're definitely still willing to bid, as they held a retest of the 4/17 & 4/23 double top breakout, beautifully done. But this is textbook responsive buying. On the dips they're bidding. On the pushes higher they're taking naps. This is complacency. All it takes is for enough people fail to show up on one of these shallow dips for us to have a meaningful unwind. With $QQQ up 19% in less than a month, given the reasoning above, I feel it's only a matter of time before we have some profits taken and when bidders don't show up as planned, we can get a big, or multi-day slide. When "BTD" feels as expected and normal as it does right now, that's the time to be more vigilant. Don't be looking to actively short. Just be extra open to the possibility of a liquidation that is deeper or faster than you may have been expecting. Hopefully the above is fairly clear. This is only my read on it. Right or wrong, I have contextualized the volume, not just lumped it all together as if every scenario is the same. This is where nuance comes into play, and for me it's nuance based on being around markets for a long time. Understand the volume, and it becomes more meaningful. Cheers! #ES_F #NQ_F

@XennialTrader Amazing read🔥

Switching between mind states is a learned skill Playful curiosity vs fully locked in and laser focused There’s benefits to having both and drawbacks to defaulting only to one state or the other If you’ve ever found yourself overtrading and taking trades that in hindsight you had no business taking, chances are you were hard stuck in the killer focused state When in this state you narrow cognitive focus, but can become too tunnel visioned and blind to shifts in market control

What is Absorption? (video down below with example) "absorption is when large passive participants take the other side of aggressive market orders without letting price continue in that direction. This tells you someone with size is sitting there passively buying everything being thrown at them. Instead of price accepting lower, it gets “absorbed.” How can we understand this? If price is rotating lower and you see repeated large sell orders (like 500+ contracts) hitting the bid but price fails to break down, that’s a key signal. It shows an effort vs result mismatch—a lot of selling effort, but no continuation. That’s often a warning that sellers are getting trapped. Once those aggressive sellers realize price isn’t moving lower, they begin to slow down or flip positions. Meanwhile, the passive buyer who absorbed all that supply now has control. As selling dries up and buyers step in, price can move sharply higher—often accelerated by short covering, which is why these reversals can be fast and explosive. These areas also tend to become liquidity zones, since trapped traders will need to exit. Quick sequence: Controlled selling into lows Large aggressive sell orders hit the bid repeatedly Price stalls → passive buyer absorbing Effort ≠ result (no breakdown) Sellers lose control / get trapped Sellers flip (short covering begins) Price reverses sharply higher Key tells on order flow: High volume at lows/highs with no continuation Bid getting hit hard but holding Price not accepting below the level Aggression failing → absorption, not initiation Core idea: If aggressive selling can’t push price lower, it’s likely being absorbed(by passive players)—and that often leads to a move the other way