ES1! SPX500USD 2022 NOV 28
Little market participation due to Thanksgiving week.
Possible Scenarios are considered:
1) If volume is thin, stay out
2) Temporary short if 4050 is rejected
3) Long if support comes in at 3928 / 4050
Weekly: ND up bar close off high = minor weakness
Daily: UT + ND = weakness
H4: Very high vol + narrow spread = weakness
Price reaction levels:
Short = Test and Reject | Long = Test and Accept
4050 3928 3751
3580 3502 3350
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Have a profitable trading week.
