One element of our reports is the “Market Profile” section and here we highlight where the “Single Print Vacuums” are. These are areas where price trades “thinly” on any given session, only printing these levels during one of the half an hour periods that Profile splits a day into.
So far today the high/failure was right in a vacuum “left” on Monday morning and the low/bounces are being seen at a vacuum support left yesterday…
Hopefully the charts below illustrate this.
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