ES1! SPX500USD 2022 SEP 25 Week
ES' short was awesome.
Possible Scenarios are considered:
1) Short on test and reject of 3792 // lower trend line
2) Long if 3540-3600 // 3711 // dotted and solid trend line is supported
Weekly: High vol down bar close off low = minor demand
Daily: High vol down bar close off low = minor demand.
H3: Possible bottom reversal = Demand > Supply
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
3903 3792 3717
3642 3540-3600
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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.