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u/Pure-Time6294
2 days ago
Stock Index Futures
Five confluences stacked at one price on ES today — and a textbook absorption. Full breakdown.
Now shown on Reddit as “[ Removed by moderator ]”
Sharing today's morning ES session because it's a clean teaching example of how order flow confirms a level.
RTH Opens and when first 30 min candle closed price rallied straight into one level where FIVE completely independent references lined up: LIS
Overnight High
Wednesday's trapped buyers (imbalance stack that never followed through — 30m footprint)
Wednesday's RTH value high (TPO + volume profile agreed on the same edge)
Monthly VWAP upper deviation (Monthly DVAH)
Previous-week VWAP upper deviation (PW DVAH)
Five different logics, five different timeframes, all pointing at the same shelf. That's not a level you guess — it's one the whole auction agreed on.
Then the footprint did the talking. At the touch: strong buy delta (+169 / +154 on the rows), plus a stack of buy-side BigTrades (large single prints). Everything was buy-side... and price didn't move an inch.
That's absorption. Bigger passive sellers were parked there soaking up every market buy. And here's the part I like teaching: a wall of BUY big trades that fails to lift price isn't strength — it's the clearest tell that someone even bigger is selling into them. Big buyers getting absorbed is a stronger rejection than small ones.
Price rejected and rotated back down — the read was worth roughly 1:4R.
Not posting this as a signal — the point is the process: context tells you WHERE to watch, the footprint tells you WHAT happened when price got there.
Happy to answer questions on any part of it.
Sorry for the bad quality screenshots(reddit issues)