medium · Order Flow Analysis footprint-delta
ES is trading at session lows of 4498.00. The footprint shows a surge in ask volume totaling 4720 contracts, while bid volume is only 2825. The bar delta is +1895 despite making a new low.
What is the tactical implication?
- Bullish divergence; look for long entry
- Passive seller distribution
- Bearish continuation; wait for lower prices
- Market balance in equilibrium
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