Yolly08
2023-02-05

πŸ‘πŸ»πŸ‘πŸ»

@IngW NasdaqTrader：
$E-mini S&P 500 - main 2303(ESmain)$ Last week e-mini Nasdaq & S&P broke out, are you all excited? Let's see the possible scenarios for this week and hope you all can benefit from the sharing. Last week's Scenario1 short and breakout trade both offers TP of 50pts each. Market is back into supply zone (circled), 3 TFs showing supply coming in. Temporary short opportunity may arise if market moves up on lower volume and narrow spread. Scenario Planning: 1) Short if 4209-4175 is resisted 2) Long on support and acceptance at 4094-4048 level when breakout level is tested. Volume Analysis: Weekly: High vol up bar close off high = supply coming in Daily: Higher vol down bar, possible 2BR formation = supply coming in H4: High vol down bar close at low (UT) = S>D. If up bar(s) after this is narrow spread and low volume, we may have a temporary short opportunity. Price reaction levels: Short = Test and Reject | Long = Test and Accept 4175 4094-4048 3928-3788 3580 3502 3231
$E-mini S&P 500 - main 2303(ESmain)$ Last week e-mini Nasdaq & S&P broke out, are you all excited? Let's see the possible scenarios for this week and hope you all can benefit from the sharing. Last week's Scenario1 short and breakout trade both offers TP of 50pts each. Market is back into supply zone (circled), 3 TFs showing supply coming in. Temporary short opportunity may arise if market moves up on lower volume and narrow spread. Scenario Planning: 1) Short if 4209-4175 is resisted 2) Long on support and acceptance at 4094-4048 level when breakout level is tested. Volume Analysis: Weekly: High vol up bar close off high = supply coming in Daily: Higher vol down bar, possible 2BR formation = supply coming in H4: High vol down bar close at low (UT) = S>D. If up bar(s) after this is narrow spread and low volume, we may have a temporary short opportunity. Price reaction levels: Short = Test and Reject | Long = Test and Accept 4175 4094-4048 3928-3788 3580 3502 3231

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