medium · Volume Profile Analysis reference-levels-migration

A trader notices that CL (crude oil futures) closed Monday with a session POC at 78.40. Tuesday and Wednesday both traded above 80.00 without touching 78.40. On Thursday, price sells off rapidly and tags 78.40 before reversing to close at 79.20.

What has occurred with the Monday naked POC?

  1. The naked POC is now confirmed as durable long-term resistance and should be watched closely for repeated future tests
  2. The naked POC has migrated upward from 78.40 to align itself with the current Thursday session's developing point of control
  3. The naked POC has split apart into two separate high-volume nodes that now sit flanking the original 78.40 reference price
  4. The naked POC has been tested and is now considered 'filled'; it loses its primary naked status as a magnetic reference

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