HollowMn

HollowMn Updated 

Last week - we were able to consolidate inside the Edge that we broke out of and get a squeeze for another test of upper VAL and a push inside Value. We were able to reach the Mean but no continuation through it towards next Key Resistance and a sell back under end of Day. Going into this week are inside a new ranges Value and our goal is to see IF more buying...

HollowMn Updated 

Lets break down some structure and see if we can get clues and areas of interest for this week. Last Week : Last week we opened with a hold and consolidation under VAH of Previous HTF Range which built up enough Supply to give a sell to lower targets at the Mean and VAL, FED Minutes day we consolidated at at VAL with an attempt to break under which failed and...

HollowMn Updated 

Shortened week ahead, lets break down structure and areas of interest to lean on this week. Last Week : We opened the week above VAH and under Key HTF Edge, we knew that this is the area where we can see size sellers step in and an area where size longs could be taking profits which creates different sets of sellers to give more pressure to the lower levels, as...

HollowMn Updated 

Lets check out market structure from last week and see what we can lean on this week. Last Week : Last week started off at VAL of current HTF Range, market opened Sunday over Key area but wasn't able to hold over which provided sells back towards the Edge but was only able to hit a couple lower targets before it found more buying at and over the Edge which told...

HollowMn Updated 

What a wild week last week! Lets take a look at our structure going into this week and what can we expect or at least lean on going forward. Market has been mostly slow and grindy but still provided plenty of fireworks. Last Week: Last week we saw inventory was starting to get long at our Key HTF Edge area which gave us a nice move down towards lower VAH and...

HollowMn Updated 

Are we finally finding our top or do we have more juice to squeeze ? Lets check the price action and structure over last few days for our clues. Yesterday we tested a Key Edge of the new range that we have accepted in when we broke out of 4839-29 Resistance. First test smart longs of course took profits as that is perfect area to unload size and we got a sell...

HollowMn Updated 

Level : Current Balance 4378.50 - 4321.50 Resistance 4349.50 - 45.25 // 4362.75 - 59.50 Key Resistance 4378.50 - 74.75 Targets if accept over 4389.75 - 92.25 Area to accept over for continuation to VAL Support 4327.25 - 21.50 Key Support 4310 - 07.25 Targets if can get through HTF Support 4291.50 - 85.75 // 4272 - 65.50 Would need to accept under for any...

HollowMn Updated 

Levels to Watch - Resistance : 4378.50 - 74.75 Key Resistance : 4403 - 4392.25 Acceptance in VAL would be needed to regain strength. Support : 4362.75 - 59.50 - 55 Area maybe ? - Market is looking for good Support if can't say within/over the Edge then could target a move towards lower Contract Roll Gap with levels to watch on the way for Targets : 4349.50 -...

HollowMn Updated 

Levels to Watch : Resistance 4508.75-02.50 ? Key Resistance 4532.50-24.25-19 Targets if Over 4548.75-43.75 // 4570.62.50 Support Prev Day Low 4497.25-94.75-90 ? Key Support 4487.25-79.75 Targets if Under VAH, 4465.25-60.25 // 4449.75-45-34.75 ( Needs to break/hold for ANY continuation ) // 4422.75-18.75 // 4403-4392.25 Range Edge 4375.75-4359.50 Last Week...

HollowMn Updated 

Levels to Watch : Current Resistance 4532.50 - 24.25 Targets if Over 4548.75 - 43.75 Key Resistance for Any Continuation 4570 - 62.50 Gap (Supply) 4590.75 - 70.50 Current Support 4508.75 - 02.50 Key Support 4487.25 - 79.75 Single Prints 4489.25 - 82.50 // 4469.25 - 57 Last Week : Market opened right in our Current Resistance area for last week and we...

HollowMn Updated 

ES broke into this bigger time frame Resistance are back in June, all the shorts who were looking for market crash or reversal got trapped below and became our Support. Cost Basis was built on top of that in 4460-4375 range, once we ran the Stops over 4487 that provided the buying to get us towards the top for this Resistance at 4666-4570 but once we got inside we...

HollowMn Updated 

Levels To Watch : Key Resistance 4445-37 // Current 4422.75-18.75 // 16.50 ? Target if over 4465-60.25 // 87.25-79.75 Current Support 4478.50-74.75 // Key For Continuation Lower 4362.75-55 Targets if under 4349.50-45 // 38.50-31.50 // 27.25-21.50 *** 4405.25-4392.25 ? This was previous Key Resistance and 4416-05 is our VAL on 4hr, we closed within it but we...

HollowMn Updated 

Levels to Watch : Resistance - Current 4392.25-86.75 // Key for Continuation 4405.25-4398 4422-18.75 // 4434.75-28.50 // 4445-37.75 Support - Current and for continuation lower 4367.25-59.50 4349.50 // 4327-21.50 ? Not Tested. Key HTF Support 4291.50-65.50 I wouldn't say 4378.50-74.75 is currently Support unless Globex can Hold over. Last Week : Beginning of...

HollowMn Updated 

This chart was made using volume profile to try and capture areas of interest and bigger picture over all. We broke into this range June 12th, held above and that gave us a test higher where we found our first good resistance and sold back down to the break out area where we ran out of supply to go lower and price came back inside Value. End of the month...

HollowMn Updated 

Monday Globex retested break out area and held it as Support, Once we go over Friday/Monday Stops we got short covering that gave us extension away. To note most of this move was done during Globex, so they would trap shorts at the lows then move the price when there is less volume. Seems like we have found good resistance Yesterday in 4598-4608 area which is...

HollowMn Updated 

Last Week : Last week market went sideways between our Key Resistance and Current Support area which we established on Sunday. Selling seemed very mechanical again because we didn't have size plowing through important levels and continuing, instead we get holds/bounces then continuation which so far has been trapping more new longs on the way down who are...

HollowMn Updated 

Last Week : Surprisingly last week played out perfectly just had to be a little patient with things, last Sunday we noted that market needed either a strong push over 4615-10 and hold above or consolidate under 4603 before pushing over 4615-10 to possibly continue higher and if not the buyers who are not getting the upside here for weeks will start selling...

HollowMn Updated 

Last Week : We continued our distribution above 4570 which is our bigger time frame Resistance area. We have been going sideways building up supply here with a few attempts to continue towards upper part of HTF Resistance at 4666 but were met with selling. Key Support and Key Resistance for the week provided great trades up and down the range. Thursday we trapped...