ES1! SPX500USD 2023 JAN 01
Welcome us into 2023! May the year bring you much Prosperity!
Market presented scenario (1) Short at rejection of 4094. Due to
the limited movement, levels for the coming week will remain.
Scenario Planning:
1) Short at rejection of 4094 / 3928
2) Long if previous channel + 3502 to 3580 becomes support
(confluence)
Weekly: Low vol down bar close about middle = No supply
Daily: Low vol down bar close at high = No Supply
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4094 3928
3580 3502 3231
Remember to like and follow if you find this useful.
Have a profitable trading week.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.