ES1! SPX500USD 2021 Oct 18 Week
Don't chase long. Wait for price to return to test lower levels and
find acceptance to long.
Weekly: Low volume up bar = Weakness.
Caution and keep stops tight if long
Daily: Narrowing spread, low volume up bar
as price approaches previous resistance = weakness. Tighten stops
H4: Narrowing spread and effort no result as price moved up.
Tighten stops.
Entries will be based on price reaction to the levels
Short = Test and Reject | Long = Test and Accept
4550 4412
4524 4381
4472 4333
4465 4268
Remember to like and follow if you find this useful.
Have a profitable trading week.
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.
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.