S&P 500: Volume Profile 📊 and Price action analysis 📋
On S&P 500 is nice to see strong buying reaction from the price 4652, there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Resistance zone from the past + Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Resistance zone from the past + Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
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