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UnknownUnicorn35944623

Waiting for confirmations to short ES - SP500 - US500

Short
US 500 Index (PEPPERSTONE:US500)  
UnknownUnicorn35944623 Updated   
PEPPERSTONE:US500   US 500 Index
Volume Beyond Technical Analysis us500 sp500index sp500short sp500analysis
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volumestudies beyondta us500 sp500index sp500short sp500analysis
snapshot

Hello Everyone,

This is my analysis about the SP500, since we're having a bad data on the PMI Services and if Friday delivers a bad interpretation of the NFP news, i want to see a retracement into the premium key levels and see in a lower timeframes a confirmation of a bearish move, then i'll proceed to short and targeting the fair value area and a lower prices.



This is not a financial advice, the idea is for study purposes. In any case, it is not meant to give you a signal.
This is just a way for me to read the markets.
Comment:
Price just went back to a premium levels as i said yesterday. We got our confirmation ? not Yet ! Wait
Trade active:
As you can see, price reached to the PL where we was waiting for and took the shorts targeting the value area on the 1H timeframe.
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