medium · Volume Profile Analysis auction-market-theory
An E-mini S&P 500 (ES) session establishes an Initial Balance (IB) range of 5640.00 to 5655.00. In the D period, price breaks above 5655.00 and extends to 5675.00 on 2.5x average volume. The session eventually closes at 5672.00 with a P-shaped profile. Classify this day type.
- Normal Variation Day
- Neutral-Extreme Day
- Normal Day
- Trend Day
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