on 5/1 on a market profile chart for es,go to charthub.com,there was a 2 nip day where it formed value at 1391 and then shot up and formed value at 1404,it left an area at 1398 where it never really printed more than a couple of ticks at that price, that gap between 2 nips becomes a res or support area when we return to that price areaQuote from blaster1:
What gap are you referring to?
Quote from wave:
Most folks have no idea what is coming down the pipe over the next few months. They believe what is told to them and don't bother to do their own research. I was at a dinner meeting recently with some reputable politicos and they strongly believe the next 9/11 is coming.
On top of that, the reputable real estate folks say home prices will revert back to 2002-2004 price levels.