SNDK Candle Midpoint: A Key Price Reference
Summary
Hollow Point Trading shares a short lesson on calculating the midpoint of an SNDK candle, using a high of 1703.46 and a low of 1695.01 to arrive at 1699.23. The video explains why this midpoint is a price reference—not the average trade price or a guarantee of support or resistance—and encourages watching how price responds.
https://youtu.be/hYzTT9oC23k
SNDK: A candle midpoint is a reference #Shorts
This candle high is 1703.46, and its low is 1695.01. Add them and divide by two. The range midpoint is 1699.23. That is a price reference, not the average price of all trades. Compare the close with the midpoint and then watch the next response. The arithmetic alone cannot guarantee support or resistance.
Recorded one-minute observations aggreg...
