Higher Time Frame Analysis With MandoTrading. How Much More Upside Does This Rally Have In The Tank?
Portfolio Pulse from Mando Trading
MandoTrading analyzes the higher time frame of ES (NYSE:SPY) Futures, indicating a bullish volume imbalance. The market closed above the 50% range from 2022, but bears may step up at 4328, which is weekly buyside liquidity.
June 07, 2023 | 3:29 pm
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ES (NYSE:SPY) Futures show a bullish volume imbalance, but bears may step up at 4328, which is weekly buyside liquidity.
The article discusses the higher time frame analysis of ES (NYSE:SPY) Futures, indicating a bullish volume imbalance. However, it also mentions that bears may step up at 4328, which is weekly buyside liquidity, potentially creating downside. This information is relevant and important for investors in SPY, but the short-term impact is uncertain, hence the neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100