medium · Order Flow Analysis footprint-delta
The ES reaches a new session high at $4525.00. The footprint bar at this high shows a delta of -1800.
Which concept best describes this situation, and what is the typical trade implication?
- Bearish delta divergence; look for a short entry.
- Initiative buying; look for a long continuation.
- Unfinished business; the market must return to $4525.00 immediately.
- Absorption breakout; look for a retest of the high.
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