Some market structure review and analysis for today…

Below are the current MS (market structure) projections as of today. Daily and Weekly are below. These shows turn pressure from upward to downward on the Weekly (Magenta line) and very nice tracking up till today for the daily (thick white line). Tuesday to Wednesday AM projected moderately up biased from yesterday morning - looks like it could be a challenge. Nonetheless, we have learned not to ignore their potential because they have been prescient. For a many reasons, today's reaction out of yesterday's low could be a relatively sizable move.

May 27, 2015 Daily & Weekly Market Structure Projection

May 27, 2015 Daily & Weekly Market Structure Projection

Below is more granular view of the shorter term options for market structure. There is sizeable potential for a morning high and afternoon weakness, however the most probable market structure appears to be inverted QE showing in cyan. If strength continues into the 8:00 am area then its probable that we get a consolidation retrace with probability for something like a 1:00 pm high.

Keep in mind THIS IS NOT TRADING ADVICE - these tools are a representation of algorithmic analysis of past market facts and metrics distilled into structure and then referenced against today.

May 27, 2015 Intraday Market Structure Projection

May 27, 2015 Intraday Market Structure Projection

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply