ES1! In this TradingView blog, we will recap our trade plan posted on March 10th, 2025.
Please note that this is a recap, and since then, we have also published our updated price map and weekly plan for the current week. Today is also the Federal Reserve's decision day.
Here is our updated price map from the weekly plan published on March 10th, 2025:
[url= tradingview.com/x/5pfdWWKC/]Our updated price map for ES Futures
Key Levels:
• Important Level to reclaim if no correction: 5795.25 - 5800
• Key LVN: 5738 - 5696
• Mid 2024 range: 5574.50
• Key Support: 5567.25 - 5528.75
• 2024-YTD mCVAL: 5449.25
• 2022 CVAH: 5280.25
It is important to note that when we provide our thoughts and reasoning for the levels we map in our recap, we have the benefit of hindsight. Likewise, when we publish our weekly trading plan and share our thoughts at the start of the week, we are anticipating potential market movements on the hard right edge. This is where randomness and uncertainty are key points.
If we were to rank our process chronologically, this is how we note the importance of each component that makes up our plan.
1. Big Picture
2. Key Levels/Price Map
3. Scenarios
Our big picture is based on how we view the global macroeconomic and geopolitical landscape.
Key levels are mapped utilizing our methodology considering market auction theory and volume profiling. Note how our key level, 'Mid-range 2024', on higher time frame provided support.
At times you may see two scenarios, at other times three. Scenarios are just an anticipation which a trader should adjust should any new information come to light. Although you may note that our scenarios play out mostly from reviewing our blogs. Our aim is to help you create a process for yourself. Note how we anticipated near-mirroring price action for the week, though our reasoning was influenced by higher inflation data. However, the inflation reading came in lower than expected.
Fast forward to today, all eyes are now on the Federal Reserve’s rate decision, SEP, and the FOMC press conference scheduled for later today.
EdgeClear
P: 773.832.8320 | TF: 844-TRADE20
Derivatives trading involves a substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The views expressed are opinions, not financial advice.
P: 773.832.8320 | TF: 844-TRADE20
Derivatives trading involves a substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The views expressed are opinions, not financial advice.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
EdgeClear
P: 773.832.8320 | TF: 844-TRADE20
Derivatives trading involves a substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The views expressed are opinions, not financial advice.
P: 773.832.8320 | TF: 844-TRADE20
Derivatives trading involves a substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The views expressed are opinions, not financial advice.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.