ESZ2023 Short Shaping Up
Price tagged into a weekly FVG and weekly OB.
Just had strong bearish shift on H4.
Will be hunting M15 short setups on a retrace into H4 premium.
Target PWL.
Looking for a week to let out some fluff and find new buyers going into the first full week of April before another sell-off down to 4100 possible 4000 before April is over. I do think it seeps into May where we may get another jump up towards the end of April, but we will see where we are at with rate hikes, inflation, etc. For now, I am eyeing 4380 as the weekly...
I try my best to stay away from "call-out" type posts because that's not really what I'm about. That being said, I'm doing one today in conjunction with an educational post because they fit together pretty well.
Note: on the main chart I'm submitting with this, the topmost moving average (where price is resting as I write this) is the 200HMA using daily candles....
We look range bound on ES_F between 4606 and 4707. They moved the local POC to 4663 and am looking for that number going into RTH tomorrow.
Above 4663 in RTH we could go test 4681 and then off to 4700 area. I will be looking to fade 4700 area. If that fails, will look to 4740 again to hold the line for bears. 4740 is the breakout area that would take the market...
ES_F looking for a breakout of 4742 this week. The amount of buyers that will come in on a confirmed s/r flip there will blow your mind. Plan for Monday: Chop to pullback at 4680 and max pain at 4667 into Tuesday. Looking to buy and hold as long as we don't close under 4650. 3 historic levels that have been a huge area of interest for both buyers and sellers. Blue...
Greetings traders. Upon viewing the Mini S&P, it seems a few factors have lined up to provide a shorting opportunity! First we have a great test and rejection of structural resistance around the 4475 area which lined up with the retracement zone of the move from 4550 down to 4293. Since then, we have put in an nicely formed impulse that diverges well between wavs...
