12/17 RTH

OVN inventories Long
weak high ovn
Poor low as well
open out of value

Levels
Above: 40

Below: Flipped to below 35 to 690, 250 to 8750

943- at ovn poc now
949- Short at poc pretty much even the saw some 780 at bid, flipped long that level is just being tested
1000- better short was to lean on the VPOC
1007 poor low, bm shows bids I am still looking at ovn hb as a target
1011- POC has moved down to 08, NQ has almost touched ovn hb it is at 709.25
1013 216 bids at 07 getting kind of scared holding, but the poor lows will definitely be taken out
1014 couple more ticks
1017 I am out, 3 first then 2 at 60
1019 This would be classified short term buyers at ovn hb- could look for a short if I wanted to, feel more comfortable shorting ovn hb

1057- 1146 at 3710 at ask
1104-3740 abv was pulled
1105-weak low c period
1128- so market advertising a A selling period, pretty much balanced c and d. ovn hb is holding. C period just stretches couple ticks below IBL.

Scenario long: if this passes C period keep on watch
Scenario short- if this shorts passes ovn hb I will look for short

1209- doesn't like short so far, large selling tail at E period

1244- looking for a long in G period like here. NQ has popped already, out at 3710
1307- got it
1308- for a normal day I am pretty much done unless there's more upside negating the A period selling tail


Takeaways
-need to look at imbalance%
-finish bm video
-implmenet nb on sierrachart
-up 1.1k today good, I executed just the way I wanted for a normal day

Emini-S&P 12/16 ovn



-Long Term: Bullish
-Intermediate: Bearish
-Short Term: Bullish
2204- looks odd saw some buying pressure at 1815 but all downhill from there, both NQ and ES

2205-number bars saw a lack of sellers at the bottom (more work on this later)
2207- from how the early mechanics was setup I would say this is a neutral day, but this is more like a DD now. 2209 -We are back testing the buying tail already on the ES, a little ways to go on the NQ

Not sure what to make of liquidity levels but tomorrow is Friday!

12/17 RTH

OVN inventory Long
Neutral Extreme day
all time highs
-russel is lagging though yet at ath



ovn hb= 3711.50

932- selling but nb does not show deta going negative likely support at 3714 short term
933- more sellers and 103 bid
934-ovn hb is hit
938* getting myself in trouble in the A period
942* big draw down NQ still holding the ovn hb though
954- on the way down I added but I am done
1005-open drive this could be a trend day
1007-NQ has tagged RTH lows
1010-also quad withcing friday? how does this play into the movement?
1856- no time today to look at the markets but G period proves to be a normal day. Reversal came on poc 12-15 rth.


Takeaways-
1. when the market proves me wrong I am wrong
2. look at number bars a little bit more
3. finish bm vid
4.quad witching friday histrory
5. which types of trades am I good at (short to ovn hb, normal day long at ovn hb selling tail)
6. typical open drive days- tempo

12/20 ovn

-electronic all time highs, odds will be revisted
-looking for a normal day overnight

12/21/20 rth

woke up late
market flushed down because of mutation news? VPOC is till up there 3701.25
most likely revisit


1139 go into buy some calls- 9.55 3665 calls- got them filleda t 12.50 market price
1154- odds are short time frames are selling VPOC did not move
1229-poor high
1239- sold the options for +8.4k volume is too light will trade the spy options

12/21 ovn ES

-electronic all time high still open to be hit at 3724
-settle 3685.50



-Long Term: Bullish
-Intermediate: Bearish
-Short Term: balanced

1025 12/22
electronic high still waiting to be taken out
-verily balanced market with value higher


1027- looking for some calls
1041- bid 5 at 0.69 market was .77 370 calls
1022- looks like a normal variation day up
1044- feeling confident that it's going to take out the highs
1050- seems like it doesn't have enough strength
1111- d period one tick lower at ovn hb, seems stf buying
1112- good high and a good low at C period and B period. Odds are it will revisit C period and also D period but which first?
1150- E period down looking for the weak low, 3 points away. Anomally here, the market should not be breaking through both sides. out on the calls
1209- sneaks back up into value
1231- forced to close out of my puts and back into calls
1308- setting up for a neutral day, looking for upside here with I J K period
1438- I period creates weak high
1444- Buying one tick above hb, J K shorted quite quickly, negative book pressure should be lifted from above

12/22 ovn
low volume day rth 800K
-don't want to be in those conditions

-double distribution so far




-Long Term: Bullish
-Intermediate: Bearish
-Short Term: bearish

12/23 RTH ES

-BM looks greener than yesterday
-open takes out the poor high last last ovn, pokes up a little out of the balanced range

1040-AD 1300
1041- A period bought at settle then obv sold back a few ticks past the balanced high
1137- seems to be more buyers from bm today
1300- one time framing higher E F G , nearing 3701.50 prom poc, all buyers on nq and es
1427- H period started to see a draw back in momentum, bm still shows buyers, weak sellers at the prom poc, I suspect buyers to come back in here at POC 3696
1513- buying at vpoc, these are short time frame
1532- out of the calls small bet -300
1545- trying to keep the market above the balance area high
1551- in 10 SPX calls at 3690 expiry 24th

Take aways
1. Short term trades are short term trades- I can use the fib expansion to measure a move
2. Get back to the spreadsheet
3. Don't bother trading low volume days

12/27 ES OVN

I have removed some of the renko charts just to make it cleaner
-I only now have AD, ES (Monthly, weekly, Daily), NQ (Monthly, weekly, Daily), Russel (Monthly, Weekly), BM (ES)

1855- Opened with a blast I suspect short covering, liquidity moved away and shifted higher between 15-20. Most likely visit there tomorrow.
1906-ended otf higher
1923-otf higher made two trades long
1943- book pressure comes in above at 3728, a couple times at 14. I have nothing to really lean on yet to move up. Poor high
2150- liquidity coming in, in naked looking for 17.50
2255- got another one. Did not absorb all.
2300 Stopped one time framing.
2325- d period sells one tick below 12-18 fri high (weak)