E-mini S&P - Weekly Timeframe Analysis
Price had a relatively convincing reversal back to the upside.
In my opinion the highest yielding position would be a long from the weekly Bisi annotated on the chart. A short could be identified from the weekly Sibi, but I would be wary that the Sibi could be used as a point of support of there are Discount PD Arrays on lower timeframes within.
A possible target would be the relative equal highs residing near the top of the highest weekly swing.
In my opinion the highest yielding position would be a long from the weekly Bisi annotated on the chart. A short could be identified from the weekly Sibi, but I would be wary that the Sibi could be used as a point of support of there are Discount PD Arrays on lower timeframes within.
A possible target would be the relative equal highs residing near the top of the highest weekly swing.
R2F