Plan 12-30-22: Squeezing and How to Read Pullbacks Intraday
2022 is almost a wrap
The focus of the stack is how to react to price setups rather than to predict the market’s direction. The preferred pattern traded in any scenario is a failed breakout or key level reclaim.
Daily I’ll explain the overall context for the price action of /ES. My given levels take into account channels, volume profile points of control, key zones acting as either magnets or potential squeeze targets and levels of overhead supply/demand. This information is then distilled down into simple actionable intraday horizontal support and resistance levels. These levels will change each day as price reacts to the various highlighted zones discussed.
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/ES Roadmap:
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