SPX500USD ES1! SnP500 2021 Sep 13 Week
Last week's break down of rotation zone turned out well.
Weekly/Daily: Ultra wide spread down bar, strength may return.
Daily: Broke previous high but closed in middle of bar, supply was present = weakness.
H4: UHV Ultra wide spread down bar closing of low. Some support has returned. Strength TBC
As SnP approaching demand line of channel, and a previous support. Let's see if support holds.
Entry will be based on price reaction at these levels.
Long (Test and Accept) | Short (Test and Reject)
4550
4530
4512
4463
4445
4415
4378
4346
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Have a profitable trading week ahead.
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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.