ES1! SPX500USD 2022 NOV 28
Little market participation due to Thanksgiving week.
Possible Scenarios are considered:
1) If volume is thin, stay out
2) Temporary short if 4050 is rejected
3) Long if support comes in at 3928 / 4050
Weekly: ND up bar close off high = minor weakness
Daily: UT + ND = weakness
H4: Very high vol + narrow spread = weakness
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4050 3928 3751
3580 3502 3350
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Have a profitable trading week.
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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.