<aside> <img src="/icons/row_gray.svg" alt="/icons/row_gray.svg" width="40px" /> SD projections from Breaker. A-B price leg is key. SMT = accumulation of orders
</aside>
We tried to reach up into this weekly volume balance, but we just fell short of it. It got really close, though. However, it has been acting as a Draw on liquidity. The NASDAQ reached up into its volume balances on its weekly chart, but we were waiting for the Sick sister effect on the S&P to draw this specific index higher. And we have seen it deliver like gangbusters, so bias starts on a weekly chart. We have to know where it's likely to reach for.
When we are in a primary Buy model, we are looking only for longs to aim for inefficiency or liquidity pool above market price. We are looking to buy the Discount BISI.
🧠We are not interested in taking short setups from Premium SIBI.ðŸ§
The STH and Weekly Volume Imbalance are above market price. Price drew up higher throughout the week, so each individual day, if you would have been focusing only on longs. You will be filtering out the best-case scenario where the higher time frame weekly chart is suggesting price may go ultimately. We stay with that bias each day, every session. We go in looking for a reason to be long when there's a buy program underway.
💎When price is bullish we expect Premium SIBI’s to become Inversion levels.
💎Look for the breaker formation to form while price is repricing into an inefficiency.
If you want to be aggressive you can the nearest STH, but if you are more demanding from the trade setups you will use the higher one. That high is also the high of the breaker.
We want to see the bodies respecting The Inversion FVG high and leave the other gaps unfilled.
That's a really good signature and it comforts us that we are on the right side. So, we can anticipate the market reaching up into that Buyside Liquidity.
Notice how the bodies respected the Old High. Price just wicked through it and almost hit the weekly imbalance. That would be our best case scenario. But we can also assume the opportunity that it can do it on the following week.
We have obviously been looking for higher prices on NASDAQ and on ES. And we've already seen the upside leadership by NASDAQ. So, we have been focusing on ES to show how that particular index has been drawn higher in sympathy, trying to catch up to what was delivered with the run higher in NASDAQ.
