Here is a simple chart example of a Footprint chart from this morning. As with other examples on this site, note the divergence in order flow, something that MarketDelta refers to as “Delta.”
click for a larger version
Archive for July, 2011
Morning Low on Delta Momentum Rising
July 27th, 2011 11:09 AM UTCTwo great short trades in two days
July 14th, 2011 3:22 PM UTCHere are a couple highs of the day that occurred on divergences against what MarketDelta calls “cumulative delta.” We’ve discussed this concept here a few times before, and this chart demonstrates it nicely. The one that occurred today was particularly sharp:
Click for a larger view!
Simple Range Bar Order Flow
July 7th, 2011 3:48 PM UTCHere is a simple graphic from today that shows how order flow shifted in favor of the buyers, right before a huge rally that continued for 15 points!
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