ES1! SPX500USD 2022 Mar 28 Week

27 במרץ 2022

ES1! SPX500USD 2022 Mar 28 Week

Snp may test 4587. Watch for reaction there, don't
chase long as market approaches previous supply level.

Play scenario:
1) Support on test of 4525 long
2) Rotational play 4433 - 4525
3) 4587 being resisted again for short.

Weekly: Low vol narrow up bar closing on high = weakness
(no conviction in the up move)
some demand
Daily: Low volume up bar = weakness
H4: Ultra High vol up bar closing toward middle, followed
by high volume up bar = strength.

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

4874 4800 4740
4587 4525
4433 4368 4213
4135 4037

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Have a profitable trading week.