ES Daily Recap | March 17, 2023

The long liquidation during the initial balance resulted in the last downside target of 3941 being tagged early in the session.

A b-shaped profile was formed as a result of the rotational activity around the highlighted support area for the remainder of the session. Have a great weekend, traders!

Rotational activity around the highlighted support area.

VIX confirming weakness, bounces met with selling activity.

Footprint illustrating the orderflow of the buying failure on a bounce.

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ES Daily Plan | March 17, 2023

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