SPX500 long levelIn this long-term uptrend market i looking for long trades. The massive Volume cluster is near 2642.5 area.
As confirmation for this long level is marked candle in yellow rectangle. Because this big green candle is now possive candle .
Green colour does not mean possitive!!!
When the candle closes below 50% of its range, it is a negative candle.
On this big candle you can see strong rejection of higher prices. For that reason i thing it is good confirmation that banks and big institucion want play about this price level.
Esmini
S&P 500 Futures Run Into Resistance @ Logical {Chart} LevelsNo Reversal on major Daily time frame.
My custom support resistance indicator lines show decent places to enter or exit.
The Blue indicator line serves as a Bullish Trend setter.
If your instrument closes above the Blue line, we think about going Long.
If your instrument closes below the Red line, we think about Shorting.
For Stocks, I prefer to use the Yellow line as my Bearish Trend setter (on Daily charts).
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ES mini: There's a weekly short at play hereWe can enter shorts based on the RgMov signal obtained from the ES1! ticker (rolling contract).
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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.