paradox677

SPX500USD 2021 May 23 Week (Intraday)

OANDA:SPX500USD   S&P 500 Index
SPX500USD

Weekly, Daily, H4 = Bullish

Last week a re-test of high H presented a good short into previous demand bar 1.
Market then again found its way to test H again.

Scenario:
1) Immediate support 4148 if broken, targets may be 4133, 4108, 4084
2) If there's price acceptance at 4178-4190 region accompanied by
healthy volumes on up bar, we may have a resistance turned support
long opportunity.

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Have a good trading week ahead!

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