I don't use it much until after the Europe Close to assess areas and watch for algo. But here's what I have. Note the Held Bid right now at SPX 60.
thnks, can't read it,was hoping you would interpret it,frieind uses it, told me about it maybe 08,was going to subscribe but never did
Second bar from right shows absorption at ES 57.75 with over 11k contracts at the bid, much more than prior test and it held. But let's see if that is Europe buying into the close or US buying for move up after the Europe Close.
I'm not trading but this the sort of event that you can play for in terms of a quick move or scratch out if you see any issue. Europe just closed RTH.