Below is an example of intraday market structure projection for today. Key timing at 4 am and 10:00 am to 11:00 am for a potential day high. Only the inverted QE market structure suggests the possibility for a stronger close. This market structure is not playing in the key overnight session and, therefore, is relegated […]
Peter is a software architect and developer, classically trained musician and markets enthusiast (especially free markets). He spent nearly 20 years working on Wall Street consulting for bluechip firms in technology, trading and risk area. Worked in Fixed Income, CDO, MBS, REPO, CMO, EM derivatives, Convertible Bonds and structured products areas. Peter builds sophisticated analytical tools for Hedgefunds, Wall Street and for professional traders and is licenced with the NFA holding a series 3.
Entries by mcm-peter
Regarding the previous post showing the current market structure projections, this is the first time that we have posted these charts on the new mcm site. Given that, there may be some unfamiliarity with these tools. This does not, of course, exist within the current community - which is very familiar with them over quite […]
Market structure is the driving force behind the ebbs and flows of capital. The chart below shows market structure projecting into the future based on a 20-year intraday data set and analysis of timing and structure. While this tool is not always correct, its assumptions are directly derived from the markets and are not correlated […]
The indexes below show a potential bear trap setting up: Bears could be in trouble: you can see on this chart people are expending a large amount of effort via the accumulation index very high amount of downside trade ticket ratio but there are no dollars being transacted There are no dollars being transacted on […]