ES1! SPX500USD 2023 APR 04 WEEK

ES1! SPX500USD 2023 APR 04 WEEK

Market may be continued to be marked up. However, exercise
caution as weekly bar may be showing a bull trap.

Scenario Planning:
1) Possible short if 4175 is rejected
2) Continuation Long if 4082 // 4175 are supported

Volume Analysis:
Weekly: Low vol up bar close toward high
= no commitment to higher prices, possible trapping longs
Daily: Ave vol up bar close toward high = non-trend changing

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

4303 4175 4082
3928 3788

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Have a profitable trading week.