S&P 500 (ESZ2024) - Delivery Has Been Finalised Before Upload!
I thought it would have been a good idea to take a nap before going over and posting my analysis but it seems like the projection of $5,766.75 has already been met.
Will keep you guys updated in the comments section.
Will keep you guys updated in the comments section.
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Back at where we started.
Relative equal lows was tagged yesterday but failed to target the daily highs (although price did get close)
Although bearish, i would like to see manipulation above relative equal highs @ $5,808 and even a stretch to $5,830 ATH before capitulation.
This is the definition of a high resistance liquidity run week
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Minor manipulation to the downside before price action closed above the previous days high.
All whilst dollar is presenting risk off conditions
I've got my eyes on $5,800 today
If the bull run continues, i will sit this one out
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5 weekly bullish candles, with 3 out of the 5 weeks being very lacklustre after previous $5,785 all-time highs was printed.
Bias is still short until i see a full candle body closure above $5,846 with dollar index presenting risk on scenarios, NQ booking highs as well as YM
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$5,813.75 is where i have my focus on today.
Yesterday was a high resistance liquidity run.
Will today present me with the necessary volatility to create a low resistance liquidity run?
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Weekly Close
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