Aggressive Buyers Forced to Liquidate in the ES
Analyzes the aftermath of a large buy imbalance that fails to gain traction near the highs of the session, which is created buy aggressive buyers who become forced to liquidate.
Analyzes the aftermath of a large buy imbalance that fails to gain traction near the highs of the session, which is created buy aggressive buyers who become forced to liquidate.
Describes how aggressive buyers came in to defend lows near 99.30 and then forced VPOC to go bid, which sparked a short squeeze into resistance.
Check out the footprint chart below, which explains the second reversal off 1751, and also be sure to watch the video below, which details each of the three reversals through the lens of the footprint.
Describes how to use the volume Footprint to identify trapped aggressive buyers who become forced to liquidate their positions.