The MMM basically shows whether we are bullish or bearish so we see the orange and green regions which are ceiling and floor respectively. this is the point of interest for the market makers they make the most money here . So we gotta figure out whether we are bullish or bearish .

PML typically moves in a +/-1 point range for qqq keep in mind i don't watch PML on other things just qqq when green line > pml = bullish overall for session when green line < pml = bearish overall for session as the day goes and we head to 4pm est the ceiling and floor should continue to collapse down as the risk to having lots of volatility begins to diminish, this is why on friday's we can tend to have the +1, +2, on QQQ when we get into the ceiling,

this is positioning information

So on the retracement side, when we hit our -7mil, and we always hit it up or down each day, we look for the next thing, that is for revisions to stop, and if we see revising downward, that is a signal indication we might start heading to PML, for a pullback.

Date 7/2/24

like today if we see the market gets near the ceiling and retraces back, During the day we have to once reach either the floor of the ceiling, its kinda like more of a cycle.

This tries to explain that for example we expect a big move in the market for longs the ceiling will revise itself to more upside which will become the interest of market makers.. Sometimes the MM does not revise and price crosses

look for squeezes on MM, money time $$$

1. the risk, is a trend day, when we get near the white bands, do we get revisions, typically remember that premium continues to contract throught the life cycle of the contract
2. the only way it doesn't work when we engage a white line,
3. is if a strong trend day is intact,
4. see we are "relying" on the market makers to keep a margin
5. between price and the top and bottom lines,
6. only rarely do we get positive exposure
7. where we can go up through the ceiling or down through the floor,