ES1! SPX500USD 2022 DEC 12
Scenario2 4050 short was good.
Another daily supply bar is observed, with possible
short opportunity
Possible Scenarios are considered:
1) Short at rejection of 4094 / 3928
2) Long if 3751 / 3580 is supported
3) Rotational trade between 4094 - 3928
4) Take a break for the holiday season - I'll be off for the holidays,
see you in 2023.
Weekly: Ave vol down bar close off low = minor weakness
Daily: UT supply bar observed for possible short opportunity
H4: Declining volume, chances of whipsaw is high, trade with care
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4094 3928 3751
3580 3502 3350
Remember to like and follow if you find this useful.
Have a profitable trading week.
