Reference · the study desk

Cheat sheets

One concept. A few rules.
The check before the trade.

09 · Lesson summary

SMT divergence

Correlated markets fail to confirm each other’s corresponding swing extreme.

Cheat sheet 09ES · takes prior lowNQ · low unbrokenthen price confirmationmatching swing time
Illustrative study model · levels can fail. Swipe or scroll to see the full diagram.

Rules to keep

  1. Compare NQ and ES at matching swing times on the same timeframe.
  2. Lesson 12’s bearish example: ES takes a previous high; NQ fails to take its corresponding high.
  3. Bullish mirror: one takes a prior low while the other does not.
  4. Use liquidity location, momentum and FVG behaviour to interpret the divergence. In the example, a later hourly FVG failure strengthens the bearish thesis.
  5. SMT is optional confluence. Missing early SMT does not eliminate a later valid entry model.

From the study library

L12, 2:10–4:35 and 11:25–13:19. Summary-derived; no corresponding handwritten pages in the reviewed PDF.

  • L12 · Daily Bias Pt. 2
    Lesson summarySummary-derived · no handwritten notes