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Day Trading Stocks And Index Futures Using Volume Price Analysis

Published 01/07/2021, 09:55 AM
Updated 07/09/2023, 06:31 AM

As the dust finally settles on the U.S. elections and the makeup of the Senate is finalized, some great price action developing in the risk asset despite some disconnect between the NASDAQ Composite, the Dow Jones and S&P 500. Despite that, an excellent trade developed on the YM Emini and one we followed across both the time and non-time-based charts, with tick and Renko charts working as the perfect complement to the volume price analysis methodology. With the Dow Jone and S&P 500 working in tandem this was sufficient to pull the NQ emini higher, but not for long following the storming of the Senate which duly followed later in the evening.

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