ES1! SPX500USD 2022 Jan 10 Week

ES1! SPX500USD 2022 Jan 10 Week

Rejection at 4743 short worked well last week.
Short on retracement preferred

Weekly: Average volume down bar closing near low = weakness
Daily: Average volume down bar closing off low. Some demand is
present.
H4: Very high volume down bar followed by lower close bar = weakness

Entries will be based on price reaction to the levels
Short = Test and Reject | Long = Test and Accept

4874 4800
4743 4716
4662 4520
4492 4411

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Have a profitable trading week.