ES1! SPX500USD 2023 FEB 27
ES1! SPX500USD 2023 FEB 27
Scenario2 short on test & reject of 4094 yielded 50pts.
Scenario Planning:
1) Short if 4094 / 3928 is rejected
2) Long on support and accept of 3788 // 3928
Volume Analysis:
Weekly: Ave vol down bar close off low = No supply
Daily: Ave vol down bar close off low = No supply
H4: Very high vol up bar close off high = Supply present
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4175 4094 3928
3788 3502-3580
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.