CL Contextual Factors for September 28 2017
- Monthly one time framing up. Breakout of short term balance.
- Weekly one time framing up. Breakout of balance.
- Daily balance ( 3-Day). High 52.28 Low 51.13.
- Previous day poor and weak high at 52.26 ( Market too Long ? ).
- Previous day low volume.
- Previous day prominent POC at 52.10.
- Short term inventory long.
- Overnight inventory long.
- Last 3 days dominated by weak buying.
Initial Focus :
Overnight High 52.86
Day Balance High 52.28