Hourly analysis - Start of trend continuation? For the first time since 15 Sept - ES has broken above an hourly supply level and swing high while also defending 4335's breakout level. This could very well be a trap or the start of a relief rally/continuation of the 11-month uptrend. Levels to watch: 4420: This was ES's support 4-5 times before breaking down to...
ES is at the very bottom of it's daily demand zone which was tested 18 August for a 195 point move before continuing lower. while we are also near it's breakout level of 4335. If we break below the daily demand and can not reclaim, I do see us making a move to the levels below. If we see demand step back in here for a relief bounce, I could see a target of 4420...
ES is only 30 points away from it's breakout point in June around the 4337 level. For nine months, ES failed to break this level, and when it finally did it never retested it. Now, we are close. Will this be a buying opportunity or will ES flush straight through? I personally will be looking to long this area.
09/17 Weekly Plan. ES Futures December ESZ2023. Weekly Pivot is 4,508 Targets 4,543 4,562 4,592 Targets 4,478 4,457 4,401 Now trading at 4,499 ESZ Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,499 Weekly pivot at 4,508 Each weekly target. Side notes: 5 Days Balance in...
09/11 Weekly Plan. ES Futures December ESZ2023. Weekly Pivot is 4,508 Targets 4,547 4,570 4,592 Targets 4,478 4,457 4,401 Now trading at 4,511 ESZ Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,511 Weekly pivot at 4,508 Each weekly target. Side notes: 3 Days Balance in...
Hello Traders, Sp500 reached a major support level. The previous day candle which was last Friday printed a Doji candle that indicates an indecision in the markets. We anticipate SP500 to go bullish from this major support level from the week... if there is a chance that SP500 goes to a higher price then rejects in the week, then we will follow it to see if...
Discussion regarding balance zones. Discussion is based on previous days and weekly plan
The goal of this chart is to look at where we are in the cycle on on the mid-term chart. Keep in mind these are just lines and NONE of these "lines" are intended to predict price exact action. They simply provide context to where the chart is in space. SPX is currently in a down trend and saw a decent sell off as 10year rates continued rising after FOMC meeting...
8/14 Weekly Plan. ES Futures September Weekly Pivot is 4,505 Targets 4,532 4,560 4,592 Targets 4,478 4,456 4,417 Now trading at 4,484 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,484 Weekly pivot at 4,505 Each weekly target. Side notes: One time framing down in daily + weekly chart. Weekly...
07/24 Weekly Plan. ES Futures September Weekly Pivot is 4,560 Targets 4,584 4,609 4,637 Targets 4,540 4,513 4,474 Now trading at 4,573 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,564.25 Weekly pivot at 4,560 Each weekly target. Side notes: One time framing up OTFU weekly. End is 4536.25 is...
06/19 Weekly Plan. ES Futures September Weekly Pivot is 4,445 Targets 4,487 4,510 4,540 Targets 4,415 4,381 4,351 Now trading at 4,447 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,288 Weekly pivot at 4,260 Each weekly target. Side notes: One time framing up OTFU in all...
Intraday strategy-Going short on ES, Could turn into a swing to the 44220 level
A few weeks ago a there was a setup exactly like this on the Russel. Indices were over extended, price took out prior day high. Price might take a few hours to fall,
There was a divergence on the squeeze, with it now below zero and a trendline break. Looking for a move down to the 38.2 or 50 retracement. If price stalls at this level until US open, price could pullback before going down.
06/04 Weekly Plan. ES Futures June Weekly Pivot is 4,260 Targets 4,300 4,327 4,346 Targets 4,230 4,194 4,165 Now trading at 4,284 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,288 Weekly pivot at 4,260 Each weekly target. Side notes: One time framing up OTFU in all timeframes. Daily ends at...
In this video I am discussion last week's plan and how it performed. Please pay special attention to the tweets linked to the chart highlighting trade entries and targets accomplished. These were the targets and pivot. Weekly Pivot is 4,194 Targets 4,240 4,260 4,300 Targets 4,172 4,137 4,114
Weekly Pivot is 4,194 Targets 4,240 4,260 4,300 Targets 4,172 4,137 4,114
05/30 Weekly Plan. ES Futures June Weekly Pivot is 4,194 Targets 4,240 4,260 4,300 Targets 4,172 4,137 4,114 Now trading at 4,241 Alerts You will receive alerts in this channel every time ES hits (2M candle close): Weekly opening 4,239.75 Weekly pivot at 4,194 Each weekly target.