Levels For Monday
148 = P Day High
146.35 = P Day VAH
145.4 = P Day POC (long above with price pushing up OR short below with price pushing down)
144.9 = P Day VAL
144.45 = P Day Low
#1: Above POC with price pushing up P Day High & VAH breakout areas -> support zones
#2: Below POC with price pushing down P Day VAL & Low breakdown areas -> resistance zones
Trading outside of previous day high or low with price pushing in direction = VERY -ish (whatever sentiment is), price pushing up after gap up = VERY bullish (only for short term trading & positioning NOT for investing)
*P Day = Previous Day (Friday)
148 = P Day High
146.35 = P Day VAH
145.4 = P Day POC (long above with price pushing up OR short below with price pushing down)
144.9 = P Day VAL
144.45 = P Day Low
#1: Above POC with price pushing up P Day High & VAH breakout areas -> support zones
#2: Below POC with price pushing down P Day VAL & Low breakdown areas -> resistance zones
Trading outside of previous day high or low with price pushing in direction = VERY -ish (whatever sentiment is), price pushing up after gap up = VERY bullish (only for short term trading & positioning NOT for investing)
*P Day = Previous Day (Friday)