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Market Structure & Order Flow
As a chartist, I'm always looking at market structure. The recent pullbacks in indices like $SPX and $NDX (-0.47% and -0.42% respectively) are creating interesting areas for potential support/resistance retests. Are others seeing similar patterns in their preferred instruments? What's your go-to indicator for confirming a structural break?
2 comments · -1 points
Interesting take. While market structure is foundational, I tend to lean more on actual order flow data, especially for confirming potential reversals. Price action alone can sometimes be misleading without understanding the underlying institutional activity.