SPX500 long level
In this long-term uptrend market i looking for long trades. The massive Volume cluster is near 2642.5 area.
As confirmation for this long level is marked candle in yellow rectangle. Because this big green candle is now possive candle .
Green colour does not mean possitive!!!
When the candle closes below 50% of its range, it is a negative candle.
On this big candle you can see strong rejection of higher prices. For that reason i thing it is good confirmation that banks and big institucion want play about this price level.
As confirmation for this long level is marked candle in yellow rectangle. Because this big green candle is now possive candle .
Green colour does not mean possitive!!!
When the candle closes below 50% of its range, it is a negative candle.
On this big candle you can see strong rejection of higher prices. For that reason i thing it is good confirmation that banks and big institucion want play about this price level.
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