This study shows the frequency of the ranges for daily bars (24/7) for the ES e-mini. The VPOC (Value Point of Control) is 12 with the 1st standard deviation value area being between 8 and 24 points. This shows profile to be much more bottom heavy, especially when considering the mean to be 20.5; the close to the edge of the 1st standard deviation profile.
Hi, thanks for sharing