ES1! SPX500USD 2022 FEB 28 Week
ES1! SPX500USD 2022 FEB 28 Week
Fantastic week for the shorts and recovery late week
let us finish the week with an awesome long trade after
a shakeout.
With the spring and return into rotation zone, preference
will be to long on retracement.
Weekly: Average down up bar closing near high = strength
Additionally, it looks like a reversal set up.
Daily: High volume up bar closing at high followed
by average volume up bar closing at high = strength
H4: Very high volume up bar closing at high = strength
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4874 4800 4740
4587 4525 4446
4380 4337 4290
4213 4133 4037
Remember to like and follow if you find this useful.
Have a profitable trading week.
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