ES1! SPX500USD 2021 Nov 15 Week
ES1! SPX500USD 2021 Nov 15 Week
Short from 4674 was good, followed by spring from the demand line of the
uptrend channel.
Market rebound from demand line of channel back into the possibility to test 4712.
Weekly: Average volume down bar closing off high = weakness. Wait and see if
weakness will flow over to lower time frame.
Daily: Average volume up bar closing off high = possible weakness. Wait
for next bar to confirm.
H4: Climatic up bar followed by high volume up bar closing off high = Some
weakness expected.
Entries will be based on price reaction to the levels
Short = Test and Reject | Long = Test and Accept
4764 4733
4711 4674
4657 4613
4590 4551
4515 4472
4411 4381
4333 4267
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Have a profitable trading week.
ES1!
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