paradox677

SPX500USD ES1! SnP500 2021 Sep 20 Week

CME_MINI:ES1!   Contrats à terme E-mini S&P 500
ES1!

SPX500USD ES1! SnP500 2021 Sep 20 Week

Last week, nice trade opportunities from the price reaction to the levels, tested 4415.

Weekly/Daily: High volume wide spread bar close off the low = temporary demand.
Daily: Broke previous high but closed in middle of bar, supply was present = weakness.
H4: Climatic down bars closed off the week, pushing through the demand line of up
channel = bearish absorption.

Preference is to short on retest of levels above.

Entry will be based on price reaction at these levels.
Long (Test and Accept) | Short (Test and Reject)

4550
4530
4512
4463
4445
4415
4378
4346

Like and follow if you find this useful.
Have a profitable trading week ahead.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.