Levels from yesterday

6/15 session: VAH 4485, POC 4472, VAL 4440

• A period excess

• settlement and last prices at 4471.25 and 4467.50, respectively.

• Single prints: 4458 and 4445/46

• 50% retracement: 4446.50

• NTPOC: 4454

• Equity Put/Call Ratio: 0.52

• AAII Sentiment: Bulls 45.2 and Bears 22.7 last updated 6/14 (numbers not seen since 2021)

The ranges/areas I’m interested in are 4440, 4465, and 4490 why not say 4500?

As of 5:30 AM CST, the OVN session traded mostly under the settlement price until around 3:00 AM CST and now trading above it, leaving an LVA at 4473, with poor/unsecured high and low, so areas I will monitor around the open.

And if we were to open here, we would open within yesterday’s value. With the value area being such a wide range, in addition to the OVN areas, I will also monitor 4458, 4465, and the VAH of the previous day at 4485.

My pivot for the day will be 4465.

Scenario 1

A hold of the pivot I will be targeting upper ranges, also will be areas I monitor as obstacles. We could trade down to 4460/58, possibly pullback long areas

Scenario 2

: Fade 4490/4500 but will start monitoring price action around the previous day’s high/VAH with a possible overshoot to 4522 and it is countertrend, so I will have to be decisive

All credits goes to Jon. His bigger timeframe analysis is better than mine. Been active in the same discord with him and comparing my bigger timeframe analysis to his but he is just way more accurate therefore I talked to him and asked if it would be okay for me to take his instead of mine for our small but growing community. I am a scalper after all and thats where my edge and skillset is. This doesnt mean I am not constantly trying to improve on my bigger timeframe analysis I just think it his more value in sharing a better analysis with you guys. And in the end I wanna provide you guys the most value possible and not let my ego go into the way cause I wanna share mine. So huge shoutout to him and thank you for letting me use it.