hard · Order Flow Analysis footprint-delta
A 10-minute ES bar shows the COT (Commitment of Traders/POC) at $4521.25 with $1,200 total contracts. The bar opened at $4520.75 and closed at $4521.75.
What is the sentiment of this bar?
- Bearish, because the COT is near the middle of the range, indicating a failed attempt to reach the high.
- A 'cap' signal, because the high volume at the COT prevented the bar from reaching $4522.00.
- Neutral, as 1,200 contracts is within the standard retail range for a 10-minute bar.
- Bullish, because the COT is located below the close, suggesting heavy engagement propelled the price higher.
Sign up free to see the explanation and track your rank →
More Order Flow Analysis footprint-delta practice
- An E-mini S&P 500 footprint bar shows a price level at $4510… — Using a 300% threshold, wh
- What is the primary advantage of using the range-based chart in this scenario?
- A trader is looking for a short entry. They see a red candle… — What does this 'Wick-Body'
- If both bars have a volume of 5000 contracts, what does the 4-tick bar suggest?
- Why is it recommended to ignore the Δ of a bar that is pulling back to a long entry zone?
- In the Euro FX ($6E), you see 944 contracts bought aggressiv… — What does this suggest abo
- A trader sees the price of Crude Oil (CL) drop to $72.50, wh… — How should this be interpr
- What does a 'Narrow' VWAP standard deviation band width suggest about the current market e