ES1! SPX500USD 2023 JAN 01

ES1! SPX500USD 2023 JAN 01

Welcome us into 2023! May the year bring you much Prosperity!

Market presented scenario (1) Short at rejection of 4094. Due to
the limited movement, levels for the coming week will remain.

Scenario Planning:
1) Short at rejection of 4094 / 3928
2) Long if previous channel + 3502 to 3580 becomes support
(confluence)

Weekly: Low vol down bar close about middle = No supply
Daily: Low vol down bar close at high = No Supply

Price reaction levels:
Short = Test and Reject | Long = Test and Accept

4094 3928
3580 3502 3231

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Have a profitable trading week.