ES1! S&P500 PREPARE NEXT WEEK - IMPORTANT PRICE POINTS - DAILY
Thanks a lot you the likes, really appreciate! It is not financial advice just recreational trading idea sharing
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- 5332.5: price point identified as potential optimal entry for short direction trade. Depends on the velovity of the market when if hitting that price point again.
- 5168.75 to 5190.75: probable important zone where the price can pullback up or break with strength.
- 4938.25: Possible down important price point as we can only look behind and in prices lower than the actual price. Above the actual price it is not possible to see where the market can go. So market will do what it has to do if evolving above 5332.5 .
- Some other zone down there but it is not to analyze yet has there is too many important price points above it.
Probably observing what the market does from Monday to Wednesday and see which entries can be done on Thursday/Friday for next week.
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- 5332.5: price point identified as potential optimal entry for short direction trade. Depends on the velovity of the market when if hitting that price point again.
- 5168.75 to 5190.75: probable important zone where the price can pullback up or break with strength.
- 4938.25: Possible down important price point as we can only look behind and in prices lower than the actual price. Above the actual price it is not possible to see where the market can go. So market will do what it has to do if evolving above 5332.5 .
- Some other zone down there but it is not to analyze yet has there is too many important price points above it.
Probably observing what the market does from Monday to Wednesday and see which entries can be done on Thursday/Friday for next week.