Premarket Webinar | Market Rejected Supply - Range Bound? Major Watches today

In market analysis, when price fails to break above key supply levels (such as previous session highs or pivot points), it indicates a range-bound market where traders should look for 'pop and fade' opportunities—shorting when price approaches supply zones and longing when it breaks above demand zones. The strategy involves identifying critical supply levels (like SPY's 739 level from FOMC lows) and waiting for rejection patterns before entering trades, while maintaining a bearish bias until the price reclaims the supply level.