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Road_2_Funded
Nov 11, 2023 2:22 AM

E-mini S&P - Weekly Timeframe Analysis  

E-mini S&P 500 FuturesCME

Description

Price had a relatively convincing reversal back to the upside.

In my opinion the highest yielding position would be a long from the weekly Bisi annotated on the chart. A short could be identified from the weekly Sibi, but I would be wary that the Sibi could be used as a point of support of there are Discount PD Arrays on lower timeframes within.

A possible target would be the relative equal highs residing near the top of the highest weekly swing.
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