ES1! SPX500USD 2022 SEP 25 Week
ES' short was awesome.
Possible Scenarios are considered:
1) Short on test and reject of 3792 // lower trend line
2) Long if 3540-3600 // 3711 // dotted and solid trend line is supported
Weekly: High vol down bar close off low = minor demand
Daily: High vol down bar close off low = minor demand.
H3: Possible bottom reversal = Demand > Supply
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
3903 3792 3717
3642 3540-3600
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Have a profitable trading week.
