ES1! SPX500USD 2022 Jan 03 Week
If 4743 is support, breakout of previous rotation is confirmed. Intraday long
preferred.
If rejection at 4743 market may test lower levels, intraday short preferred.
Weekly: Low volume up bar closing in middle = undecisive
Daily: Upthrust followed by down bar = weakness.
H4: Very high volume down bar, but no lower low forrmed, 4743 is now
temporary support.
Entries will be based on price reaction to the levels
Short = Test and Reject | Long = Test and Accept
4874 4800
4743 4712
4650 4606
4565 4492
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Have a profitable trading week.