medium · Order Flow Analysis footprint-delta
In the ES, a 5-minute bar has a Point of Control (P_COT) at 4525.00 with 2800 contracts at the ask and 50 at the bid. The bar closes at 4523.50.
What is the immediate directional bias?
- Neutral, as P_COT is in the middle of the session range.
- Bearish, due to a capped high volume area.
- Bullish, because the diagonal comparison shows a 56:1 ratio.
- Bullish, because 2800 aggressive buyers entered the market.
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