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Writer's pictureRavi Varsani

ES 27/11/23

Over holiday period price rebounded off 4563 and was Fridays low.

TPO build fair value between 4566 - 4573

Volume build between 4564 - 4574

Last price action tested 4563,


Projections -

  • If price breaks to 4574 level and consolidates above 4572 then price should continue higher.

  • Price consolidation around 4568 and break of 4563 along with second consolidation of 4563 will encourage a move down to 4557. Look for support around 4557






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