S&P500 (ES1!, SPX500, SP500) From Bullish to BEARISH
1.
Price swept a lot of low resistance
lows with this bearish impulse, and
created a new Swing Low. This is the
External move.
2.
Price retraced to the -FVG, a
premium PD Array. This is an
Internal Range Liquidity move.
Expecting price to wick up past
the PDH, but close inside the
-FVG, and potentially end the
retracement. Bearish PA should
follow.
Price is in premium prices now, as it
crossed the Equilibrium of the trading
range. Buys are not recommended
until the price action shows a significant
+BOS with a strong bullish close.
LIKE, COMMENT or SUBSCRIBE if you like and want to see more analysis.
Thank you for viewing!
Price swept a lot of low resistance
lows with this bearish impulse, and
created a new Swing Low. This is the
External move.
2.
Price retraced to the -FVG, a
premium PD Array. This is an
Internal Range Liquidity move.
Expecting price to wick up past
the PDH, but close inside the
-FVG, and potentially end the
retracement. Bearish PA should
follow.
Price is in premium prices now, as it
crossed the Equilibrium of the trading
range. Buys are not recommended
until the price action shows a significant
+BOS with a strong bullish close.
LIKE, COMMENT or SUBSCRIBE if you like and want to see more analysis.
Thank you for viewing!
