The Premise = Background Strength and Weakness on the Higher Times Frames ONLY!!

Current Premise = Background Strength and Weakness Consider on the Higher Times Frames ONLY!! -Use the 40,500 13,500 and 4500 tick to determine the Background S/W as well as Tops and Bottom Shapes (ie. Mushroom Tops/Saucer Bottoms) and S& R lines. 4500 is good for Identifying current waves entering the market. This makes up my current Trade Premise at ANY given time during the session. As long as the premise remains Trade with it. Dont focus on point stops, rather focus on target exits as it pertains to the premise and timing.


Take Note of the Incoming Waves of Strength and Weakness that show up intraday. Usually the previous days close, Globex and Pre-Open will provide background S&W for the Open. BUT many times there may be a wave of S&W appearing at the Open, 7 zones or even midday during the dead Zone. Keep an eye out for current S&W.  If longer term Strength is supported  by current Strength, then we have odds on favor when a sequence sets up.

Examples of Block Volume on the 13,500 and 4500 indicating waves of Strength and Weakness. Revealing the short term inventory objections of the MM/Specialist.
13,500

 5 minute

 4500