SPX500USD 2021 May 10 Week (Intraday)

SPX500USD

SPX500USD 2021 May 10 Week (Intraday)

Weekly, Daily, H4 = Bullish

Week of 03 May Scenario 1 materialized, green zone was tested. So short and long was fruitful.

Bar A Ultra High Volume - possible outcomes from this
1) if this is an absorption of supply to break through the previous resistance of 4220 & 4220 can hold, will keep to long
2) If this is an upthrust price and 4240 - 4220 has become resistance, we can expect a good short opportunity.

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Have a good trading week ahead!