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YM 200 point selloff and subsequent 100 point rallies this morning

From

orderflows.com

Email Address

mike@orderflows.com

Sent On

Thu, Mar 14, 2024 04:03 PM

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Hi, This morning there was a nice selloff and then rally in stock index futures. If you watch order

Hi, This morning there was a nice selloff and then rally in stock index futures. If you watch order flow you can start to see the selling pressure building early after the cash market opened and then the YM, Dow Futures, had over a 200 point sell off which was followed by a couple of 100 point rallies. What in the order flow gave clues to traders. For me it was the signs the market was trying to move out of balance. But first you have to understand that the market was balanced. Once a market starts to move out of balance, that is when big moves can take place. Which is what happened this morning. Two days ago, we released the Balance Pivot indicator which specifically looks for situations where a market is getting ready to move out of balance to capture the major trends. Here is the YM chart this morning: [YM] If you can't view the above chart, [click here](. [Settings] If you can't view the above chart, [click here.]( What makes the Balance Pivot indicator unique is you are able to look at order flow from a different time period and put it on a faster moving chart to take advantage of it sooner rather than later. In this case, I use 1-minute balance pivot levels and plotted them on a 30-second chart. [Learn More About The Balance Pivot Indicator]( Right now, during the launch week, you can save over $200 off the regular price of the Balance Pivot indicator, so don't miss this special pricing this week. Regards, Mike Valtos Want to learn more about the Orderflows Balance Pivot? Click the link below: [( -------------------- 104 Main St Towanda il 61776 USA [Unsubscribe]( | [Change Subscriber Options](

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