ES1! SPX500USD 2023 MAR 16
Scenario1 4094 short again! Hope you had taken the trade.
No trend changing principles observed, short
preferred.
Scenario Planning:
1) Short if 4094 / 3928 is rejected
2) Long on support and accept of 3788 // 3928
Volume Analysis:
Weekly: Ave (higher vol down bar) close toward low
= Supply remains
Daily: Ave vol down bar close off low = some demand noted
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4175 4094 3928
3788 3502-3580
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Have a profitable trading week.
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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.