500index
📌 S&P500: market maker balance level - perfect price to buy?⚠️ The closest support level for today is the balance of the day (4421.8).
📝 On a consolidation below the 4421.8 price level, the subsequent downside target for today is the limit buy (4399.7).
In case of rebound and fixation above the limit buyer (4399.7) we expect the realization of the main scenario: rise to the market maker's loss level (4472.3).
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📝 S&P500: down to balance before expiry.💡 The weekly market maker balance is dynamically rising. So in the past 24 hours, the mentioned option level has risen from 4360.0 to 4370.0.
📌 If breakdown and fixation below the limit buyer (4381.2) we expect decline to the balance of the week (4370.0).
In case of a successful test of the balance of the week (4370.0), expect a rise with the nearest target,- limit seller (4425.4).
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ES Futures Long at DemandES is in an uptrend on the higher timeframe with positively correlated RSI - Higher Highs are producing higher RSIs allowing us to ride the trend. Take the retrace in a quality demand zone .
Target the opposing Supply Zone for a Set-and-Forget 3R profit or use a trailing stop if you will manage the trade actively.