💎 We treat the wick C.E. PD array the same way as Volume Imbalance. These 2 arrays are permitted to be treated through, and they can be revisited. But the context is, is it going there to allow for trades to be taken in between these two boundaries, the bodies. You have to be flexible with them. They absolutely can be pinpoint precise, but there's a certain characteristic that you have to allow for for those specific PD arrays. Now, it's not in the sense that you allow for 50 handles past, but just colouring outside the lines just a little bit more than would be acceptable. For futures, it can go 1.5 - 3 handles past it. Once it goes past that, then it would have to revisit it, coming back up to it and then show respect for it.

We talked about how Fridays' news drivers here would be a factor, and the importance of understanding how two high-impact news drivers in the same session, meaning that we had 8:30 Core PCE Price Index and then we had a 10 o'clock Revised Consumer Sentiment number. So, with that, it brings the likelihood of a choppy market, which is predictable. And the main takeaway I was teaching yesterday is to treat it like an FOMC or a Non-Farm Payroll event where it's a two-stage delivery. Whatever has taken place with London and/or the 8:30 news, the 10 o'clock news many times does the opposite.