I would like to see an explosive momentum raid above this level - identified by the yellow horizontal line - for confirmation of a continued push into buy-stops...
We've been pricing in this 2023 levels since last year, and I still believe we have another leg down to complete a 3D for resting nested sell-side liquidity...
This being said, what I plan for is an RMR into supply ...for those that don't know what this is - Raid, MarketShift, and Return
I would like to see this occur before...the max pain is over...
I see /ES tagging 420$ before returning and testing new lows!
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.