Monthly Volume Structure :: ESU2023
For the month of August, 70% of the September S&P Futures contracts occurred between 4422 & 4545.
The majority of the volume occurred at 4528.
Mid-August, ESU2023 rejected values below 4420, yet failed to break above its VAH. The last couple trading session of August, ESU2023 seems to have lost its upside momentum RIGHT AT the POC of 4528.
A high-volume push above VAH of 4545 going into the contract expiration on September 15 would confirm bullish sentiment.
Sentiment is Neutral for now, since September is ESU2023 expiration.
The majority of the volume occurred at 4528.
Mid-August, ESU2023 rejected values below 4420, yet failed to break above its VAH. The last couple trading session of August, ESU2023 seems to have lost its upside momentum RIGHT AT the POC of 4528.
A high-volume push above VAH of 4545 going into the contract expiration on September 15 would confirm bullish sentiment.
Sentiment is Neutral for now, since September is ESU2023 expiration.