Thursday, January 7, 2021

January 7th, 2021 /ES Delta Analysis & Notes

 


The /ES opened with a rally putting in a High then a HH, while Delta failed to make a new HH.  Setting the market up for a Basic Divergence Short, on the Delta failed re-test being within 4k contracts(still held).  Possible entry would've been near HOD, 3802.50





As the market session was ending, there was a Basic Divergence Short setup.  Price made a new HOD, but Delta still wasn't able to create a new HOD.  Showing Sellers still holding 4000 contracts, trade entry could've been around 3803.25

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January 8th, 2021 /ES Delta Analysis and Notes

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