HOW-TO: Analyze Support, Resistance & Short-Term DirectionMicro E-mini S&P 500 Index FuturesCME_MINI:MES1!ata_sabanciHOW-TO: Analyze Support, Resistance & Short-Term Direction Using Volume Scope Pro (1H Example) Introduction This HOW-TO explains how to use the Volume Scope Pro — Order Flow Volume Analysis indicator to identify support and resistance, interpret order-flow signals such as absorption and distribution, evaluate buyer/seller strength, and determine a short-term market bias on the 1-hour timeframe. 1 — Chart Settings & Data Inputs • Main timeframe: 1H • LTF (Low-Timeframe data): 15-second volume blocks • LTF coverage: ~115 bars • Instrument: MES1! (CME Micro E-mini S&P 500) This setup provides a high-resolution view of order flow behind each hourly candle by aggregating ultra-low timeframe volume behavior. 2 — Buy & Sell Volume Behavior BUY Side: • Buy Current Amount ≈ 18.539K • 20-period Buy Average ≈ 54.044K → Buyers are significantly below their normal activity level. → Interpretation: Buyers are NOT supporting current price levels. SELL Side: • Sell Current Amount ≈ 17.073K • 20-period Sell Average ≈ 50.857K → Sellers are also below average, but buyer weakness is far more pronounced. Summary: In higher timeframes like 1H, lack of buyer activity is often more important than strong selling. Here, buyers are too weak to create a sustained bottom. 3 — Trend Angle Convergence & Divergence (Trend θ) BUY: • Price vs Buy Volume (3 and 20 periods) = Divergent → Price attempts to hold or bounce are NOT backed by buyer aggression. SELL: • Price vs Sell Volume (3-period) = Convergent → Short-term movement is driven by sellers, strengthening the bearish bias. 4 — Delta Analysis • Current Delta ≈ +1.46K • Global Delta (100 candles): – Positive Δ Sum ≈ 273.812K – Negative Δ Sum ≈ 225.671K Interpretation: Although short-term delta is positive and long-term delta slightly favors buyers, the price structure does NOT reflect bullish dominance. This type of delta behavior often indicates absorption rather than a trend shift — meaning buyers are active but ineffective at moving price. 5 — Support & Resistance Zones (SR Engine) Volume Scope Pro identifies two main zones: • Resistance Zone: 6880.75 ~ 6885.25 • Support Zone: 6707.75 ~ 6766.75 Current Position: Price is holding inside the upper boundary of the Support Zone. There was a minor bounce, but the reaction lacked strength and failed to break structural highs. 6 — Order-Flow Overlay Signals (OB / Distribution / Absorption) • Multiple OB and Distribution labels appear near upper structure → clear signs of supply, selling pressure, and exhaustion at highs. • OS and ABS signals at support did not result in meaningful continuation → weak follow-through from buyers. Combined with weak buy volume, the market shows bearish intent. 7 — Short-Term Projection Given: ✓ Weak buy volume compared to averages ✓ Sellers showing short-term dominance ✓ Converging sell-side angles ✓ Price reacting weakly to support ✓ Strong supply clusters above ✓ Delta showing ineffective buying → Short-term bearish continuation is the more probable scenario. As shown on the chart, the Short Position tool highlights: • Entry around the upper support boundary • Stop above the minor pullback high • Target near the lower support boundary This forms a clear, structured bearish setup with defined R:R. Disclaimer This publication is for educational purposes only. Volume Scope Pro does not guarantee profit or certainty of market direction. Traders must perform independent risk management and verification at all times.