SPX500USD
ES1!
لقطة
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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Have a profitable trading week ahead.
S&P 500 E-Mini Futuressnp500usdS&P 500 (SPX500)spx500analysisSupply and DemandSupport and ResistanceVolume

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