Trader_Dale

S&P 500 (ES) continue with the Uptrend ☝️

CME_MINI_DL:ES1!   S&P 500 E-mini terminer
S&P 500 (ES), it's nice to see a strong buying reaction at the price of 5244.00.

There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.

The S/R zone from the past and high volume cluster are the main reasons for my decision to go long on this trade.


Happy trading

Dale

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