TEM Top-Down Analysis | Liquidity, Confluence & EMA May 4thTempus AI, Inc. Class ANASDAQ:TEMdavekclinton76In today’s review of Tempus AI (TEM), I walk through my top-down analysis process using the tools I keep on my chart to help build context and identify higher-probability areas of interest. This review focuses on how I use the 13 and 21 EMA, supply and demand zones, and extended-hours session levels in TradingView to better understand where price may be leaning. Rather than relying on a single signal, the goal is to build confluence by combining multiple context clues from price action, liquidity behavior, and overall structure. A key focus in this review is understanding how liquidity interacts with price, and how those movements can help form a clearer picture of where price may be targeting next. In this video, I cover: • How I use the 13 and 21 EMA to read short-term structure • Identifying supply and demand zones that may influence price • Using extended-hours levels as liquidity reference points • Building confluence through structure, liquidity, and price behavior This approach is designed to simplify the chart, reduce noise, and stay focused on how price reacts around important levels rather than forcing a prediction. As always, the focus remains on confirmation over prediction.