SPY Daily Composite

[gassah]

	Quote:	heretodaygone...
	Would you happen to have an intraday chart of possibly a few days worth of data?

I now have intraday stock data for Market Analyst if there is something you'd like to see.

[heretodaygone...]

	Quote:	gassah
	I now have intraday stock data for Market Analyst if there is something you'd like to see.

Thanks for offering gassah. I would like to see if and when excess areas(3sd's) become future value area's if that makes sense.

[gassah]

This SP500 weekly shows the lower 3rd STD of the first profile becoming part of the value area of the larger, combined profiles?

[heretodaygone...]

btw...didn't mean to ignore your post, but, does the fact that value is being built in the weekly profile change your outlook or more importantly trade location?

[gassah]

	Quote:	heretodaygone...
	does the fact that value is being built in the weekly profile change your outlook or more importantly trade location?

I prefer to keep them separate unless price accepts back into the top range. If it does then we'll be looker at a larger, longer-term range whereby the combined profiles would apply. BTW, I've only been studying MP for a few months, fwiw.

[heretodaygone...]

I found this profile from Steidlmayer and thought it applied to value building in previous sd3's.It is my opinion that longer term trades in this value area is a trap,. As always, time will tell...

[heretodaygone...]

here's a link to the cbot's market profile handbook for those who are interested.

http://www.cbot.com/cbot/pub/page/0,3181,1184,00.html