easy · Volume Profile Analysis profile-shapes

A composite volume profile for ES shows an LVN at 5,610-5,620 sitting between two well-established HVNs: 5,590 (prior week's POC) below and 5,635 (prior month's POC) above. Price is at 5,625, just below the upper HVN.

What is the structural expectation as price approaches and touches the 5,635 HVN?

  1. Price will accelerate cleanly past 5,635 because HVNs always behave as momentum launch pads while a market is in an uptrend
  2. Price will tend to slow, consolidate, or test acceptance near 5,635 as the market negotiates at a prior high-volume reference level
  3. Price will reverse immediately and sharply right at 5,635, since HVNs always represent the single strongest form of price resistance
  4. The LVN at 5,610-5,620 will reach up and pull price back down well before it can ever climb to reach the 5,635 reference

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