SPX500USD 2021 June 14 (Intraday)

١٣ يونيو ٢٠٢١

SPX

SPX500USD 2021 June 14 (Intraday)

Weekly, Daily, H4 = Bullish

Price has approached a previous high, will history repeat?

Not much market participation at higher prices, however will wait for sign of weakness to appear
before taking short position.

Scenario
1) Short if price is rejected since it as at a resistance zone.
2) A convincing break takes volume, else keep stops tight if long
3) if range is narrow and volume is low, stay out of market.

Have a good trading week ahead!