SPY500/Emini/ES : Daily schematic of liquidity & trapped traders
There are a whole bunch of trapped traders on both sides of price for SPY500 / Emini futures / ES1! which will want to exit, giving us a trade in opposite direction (yellow zones)
Beware of the engineered liquidity zones - which are almost like a candy land for big institutions - where orders are just sitting to be taken! Those zones WILL BE poked poked! (green zones)
Good luck & good trading for the election week!
Please note : the zones shown here are for reference purpose only. Actual buy & sell zones should be fine tuned with a lower timeframe reference & more detailed analysis.
Beware of the engineered liquidity zones - which are almost like a candy land for big institutions - where orders are just sitting to be taken! Those zones WILL BE poked poked! (green zones)
Good luck & good trading for the election week!
Please note : the zones shown here are for reference purpose only. Actual buy & sell zones should be fine tuned with a lower timeframe reference & more detailed analysis.
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