SPX500USD
SPX500USD 2021 May 10 Week (Intraday)
Weekly, Daily, H4 = Bullish
Week of 03 May Scenario 1 materialized, green zone was tested. So short and long was fruitful.
Bar A Ultra High Volume - possible outcomes from this
1) if this is an absorption of supply to break through the previous resistance of 4220 & 4220 can hold, will keep to long
2) If this is an upthrust price and 4240 - 4220 has become resistance, we can expect a good short opportunity.
Like and Follow if you find this useful : )
Have a good trading week ahead!
SPX500USD 2021 May 10 Week (Intraday)
Weekly, Daily, H4 = Bullish
Week of 03 May Scenario 1 materialized, green zone was tested. So short and long was fruitful.
Bar A Ultra High Volume - possible outcomes from this
1) if this is an absorption of supply to break through the previous resistance of 4220 & 4220 can hold, will keep to long
2) If this is an upthrust price and 4240 - 4220 has become resistance, we can expect a good short opportunity.
Like and Follow if you find this useful : )
Have a good trading week ahead!