medium · Order Flow Analysis footprint-delta
You observe a 'Small Print' at the session high, where only 3 contracts trade at the offer while 450 contracts trade one tick below.
What is the most likely diagnostic implication?
- Absorption: buyers and sellers are agreeing on a fair value at the new high.
- Exhaustion: the last buyer has bought and there is no further institutional interest at higher prices.
- Breakout: the low volume suggests the market is thin and will easily spike higher.
- Capping: an institutional seller is actively absorbing all incoming market buy orders.
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