Similar to S&P 500, we have seen a lot of high resistance periods, making it challenging to anticipate with a high accuracy where the next draw on liquidity will be.
Recently, we have seen a shift in market structure, with $20,398* being the weekly consequent encroachment for this week.
Recently, we have seen a shift in market structure, with $20,398* being the weekly consequent encroachment for this week.
Trade closed manually
Neutral bias going into this week as price action was not as clear but new highs has formed, just like ES and YM.What is expected in the short to near term future?
UK, London
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UK, London
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.