The Cantillon Report — Volume-First Market Analysis
Retail traders read price. Institutions leave their footprints in volume. The IVT Terminal decodes those footprints — regime classification, Cantillon flow sequencing, and AVWAP-anchored structure — so you trade with the flow, not against it.
Institutional liquidity follows a predictable sequence: from central bank reserves, through bonds, into equities, risk assets, and finally crypto. Knowing where in that sequence the flow currently sits tells you what's next — before price reflects it.
Macro LayerPrice above AVWAP = buy dips. Price below AVWAP = sell rallies. This one rule, applied with discipline, eliminates the majority of counter-trend losses that destroy retail accounts. The regime is the filter. Everything else is noise.
Primary SignalVolume Profile, CVD, compression readings, and confluence scoring reveal what institutions are doing — not what retail thinks they're doing. Distribution looks like rallies. Accumulation looks like weakness. Volume tells the truth that price conceals.
Execution LayerFrom the IVT indicator powering your TradingView charts to the daily brief applying it to 100+ live instruments, to the Masterclass teaching you to read markets the way institutions do.
The IVT indicator on TradingView + daily market briefs applying the Cantillon framework to live markets, every session.
Deep institutional convergence analysis on high-conviction setups — combining volume structure, fundamentals, and Cantillon flow into a single actionable report.
The complete institutional volume methodology — from Cantillon theory to live execution. Five modules, video + written lessons, and the IVT Field Manual PDF.
Coinbase presents one of the most compelling structural divergences in markets today — but not in the direction most investors expect. The company is building the definitive infrastructure layer for the next financial system. The long-term thesis is real. The problem is timing.
The VWAP deviation of -2.91% appears modest compared to Bitcoin's -11.81% or Solana's -45%, but this metric must be contextualized. COIN's AVWAP has been resetting lower as the bearish swing matures meaning the institutional reference point itself has been moving down. A -2.91% reading against a falling AVWAP is not the same as -2.91% against a stable one. Below $157.20, the bearish thesis accelerates. The gap between $157 and $139 represents a thin-volume zone similar to air pockets identified in Bitcoin's structure.
Every parameter from the live terminal — VWAP deviation, confluence score, volume compression, stability readings, Cantillon flow state — contextualized for the specific instrument.
Where volume structure and business fundamentals align or diverge. When both point the same direction, conviction is high. When they diverge, the analysis tells you why and what to watch for regime confirmation.
IVT targets, structural support, risk levels, and the specific triggers that would change the assessment. Not predictions — probability-weighted scenarios with defined conditions for each outcome.
Every report maps the current Cantillon state and how far the liquidity flow has — or hasn't — reached the asset being analyzed. This is the macro filter most analysts completely miss.
Join traders already receiving the weekly Cantillon Brief — regime summaries, flow state updates, and the one setup the IVT Terminal is flagging this week. No noise. No predictions. Just structure.
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The IVT Terminal wasn't built to predict markets. It was built because most retail traders are reading the wrong signal — price — instead of the actual signal: institutional volume.
After years of applying Austrian economics principles — specifically the Cantillon Effect — to market structure analysis, I built the IVT indicator to systematize what I was seeing manually. Version 13.0 now incorporates the Cantillon Engine v2, Delta-Weighted Volume Profile, VIX macro layer, and a tiered signal architecture that tracks institutional positioning across 100+ instruments daily.
The methodology is simple in principle: regime first, volume second, price last. In practice, it takes discipline. That's what The Cantillon Report teaches — not setups, but a framework for reading markets the way institutions actually move them.
The Institutional Volume Terminal is a proprietary TradingView indicator (v13.0) combining AVWAP regime classification, Delta-Weighted Volume Profile, Cumulative Volume Delta, Cantillon Flow scoring, and a multi-factor confluence engine. It runs on any instrument and timeframe available on TradingView.
The daily brief and indicator are designed for traders who already understand basic market structure. The IVT Masterclass starts from volume profile fundamentals and builds to the full methodology — that's the right starting point if you're newer to institutional analysis.
The IVT tracks 100+ instruments across equity indices (S&P 500, NASDAQ, DAX), commodities (Gold, Oil, Silver), crypto (BTC, ETH, SOL), FX (EUR/USD, DXY), and individual equities including the MAG7 and high-conviction individual names.
Pro gives you the daily application — the indicator, daily brief, and live regime readings. Elite adds the deep-dive research reports: fundamental analysis, volume–fundamental convergence assessments, institutional cost basis mapping, and full position management frameworks for specific high-conviction instruments.
No. All content is educational and analytical in nature. The IVT Terminal identifies structure and regime — it does not make trading decisions. You apply the framework to your own situation, risk tolerance, and capital. Always trade responsibly.
The Masterclass is currently in pre-launch. The Founding Cohort (limited to 20 students) gets access at $197 vs the permanent $297 price — and gets to provide feedback that shapes the final modules. Enter your email above to get notified when it opens.