Spy Supply And Demand Chart Based Off Market Action
Yea, so basically these are my supply and demand levels on a shorter time frame, I graphed these on 15-30 minute time frames. What I usually do is I see whatever level we break in the market, if we fully close above with not a lot of opposing pressure, we can take calls or puts respectively. I also take calls and puts off the rejection of these because I look to see if the candle is being rejected or being pushed up/down into the next zone through pressure. This is a very bad explanation but take from it what you will. Enjoy, and Good Trading Lads!
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