ES1! SPX500USD 2023 FEB 20
Scenario1 rotation play yielded 120pts gain
for week of 13 Feb.
Scenario Planning:
1) Rotational play = trade at boundary of 4175-4061 zone
2) Short on test and reject of 4094-4048 zone
Volume Analysis:
Weekly: Ave vol down bar close off low = minor demand
Daily: Ave vol up bar close toward high = Minor demand
H4: Ave vol up bar close toward high = minor demand
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4175 4061-4048 3928-3788
3580 3502 3231
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Have a profitable trading week.
