SPX500USD ES1! SnP500 2021 Aug 23 Week
SPX500USDES1!SPX500USD ES1! SnP500 2021 Aug 23 Week
Price approaching previous supply area, there may be temporary weakness. Wait for
price to come down first before taking a long.
Weekly: Ultra Wide Spread Up bar closing off high, and lower than previous bar = Weakness.
Daily: Ultra Wide Spread Up Bar, High Volume = Strength
H4: Narrowing Spread, advancing on diminishing volume = Weakness
Strategy for Short (Test and Reject):
- 4476
- 4460
- 4445
Strategy for Long (Test and support):
- 4412
- 4378
- 4345
- bullish absorption past 4476
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