Great example of Professionals running stops today and here’s the question from Rex:
“Barry, How can we tell if the pros were buying or selling from 09:32 to 09:40 today? Please take a look at the professional activity on the @ES 4500 tick bar chart this morning. The string of upticks made it look like the pros were buying but then the market immediately rolled over so in hindsight it looks like a frenzy of short covering instead. What am I missing?” Rex D.
If you want to see more, here’s the feature video on “How to Know if the Professionals are Buying or Selling”.
Good luck with your Emini trading.