ES1! SPX500USD 2022 DEC 12

11 Ara 2022

ES1! SPX500USD 2022 DEC 12

Scenario2 4050 short was good.
Another daily supply bar is observed, with possible
short opportunity

Possible Scenarios are considered:
1) Short at rejection of 4094 / 3928
2) Long if 3751 / 3580 is supported
3) Rotational trade between 4094 - 3928
4) Take a break for the holiday season - I'll be off for the holidays,
see you in 2023.

Weekly: Ave vol down bar close off low = minor weakness
Daily: UT supply bar observed for possible short opportunity
H4: Declining volume, chances of whipsaw is high, trade with care

Price reaction levels:
Short = Test and Reject | Long = Test and Accept

4094 3928 3751
3580 3502 3350

Remember to like and follow if you find this useful.
Have a profitable trading week.