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Expecting a test of supply - unless takes out highs then look for a pulback from supply zone. Level to level here
Steve just to confirm, the supply you're talking about for the SPX is shown on your 30 minute chart from last night starting around 4365?
Yes - ES up 25+ points from support so trail up - just because it moves into supply is not a reason to short without a valid trigger (it's just a zone that bulls need to overcome)
Steve, grateful for all your guidance and for always answering my questions.
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Expecting a test of supply
5/1 ES Levels June Contract (ESM24)
Posted by steve on 13th of Oct 2023 at 08:43 am
Expecting a test of supply - unless takes out highs then look for a pulback from supply zone. Level to level here
Steve just to confirm, the
Posted by DK on 13th of Oct 2023 at 08:49 am
Steve just to confirm, the supply you're talking about for the SPX is shown on your 30 minute chart from last night starting around 4365?
Yes - ES up 25+
Posted by steve on 13th of Oct 2023 at 08:53 am
Yes - ES up 25+ points from support so trail up - just because it moves into supply is not a reason to short without a valid trigger (it's just a zone that bulls need to overcome)
Steve, grateful for all your
Posted by DK on 13th of Oct 2023 at 09:15 am
Steve, grateful for all your guidance and for always answering my questions.