[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]

Originally Posted by 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