I am Slightly bullish BUT waiting for more dataFollowing the ideas from earlier in the week, I’m currently waiting on price action to give me more clarity. The market has been pushing higher for the past two days, and while there’s potential for a retracement, it could also be setting up for a continuation to the upside.
I’ll wait until the mar
About S&P 500 E-mini Futures
S&P 500 — short for Standard and Poor's 500, is a United States stock market index based on the market capitalizations of the top 500 companies that have common stock listed on the New York Stock Exchange or NASDAQ. With its headquarters in New York City and dating back to 1860, Standard and Poor's has offices in 23 countries and maintains the SP 500 index. Over $1.25 trillion USD is indexed to Standard and Poor's portfolio of indices, which includes the S&P 500. The S&P 500 index seeks to reflect the status of the whole stock market by tracking the return and volatility of the 500 most commonly held large cap company stocks on the NYSE, capturing approximately 80% of total market capitalization. The 500 companies comprising the SP500 span all major industries and are selected based on their market capitalization, liquidity, ability to be traded, as well as other factors. Additionally, the importance of the SP500 is highlighted by its use as an economic indicator of the health of the United States economy.
SPY/QQQ Plan Your Trade Update For 4-22 : EPP StructuresThis video highlights why the Excess Phase Peak pattern is so important for traders to understand and follow.
Imagine being able to see into the future and to be able to plan/project price action in a way that is like putting together building blocks (or Leggos).
That is what the Excess Phase Peak
Plan Your Trade Update For 4-21 : Waiting For The EPP SetupThis video is, hopefully, going to help many of you learn to use the Excess Phase Peak (EPP) pattern more efficiently.
For months, I've been trying to teach all of you to use this pattern to efficiently identify and trade some of the biggest price moves.
Remember, price only does TWO THINGS - TREN
ES UpdateNot many of my followers trade futures, but in case I don't have time to post an update before work tomorrow:
1) Another open gap down. I don't think it fills until RSI hits oversold and we get a bounce.
2) Dollar index broke support, but wouldn't surprise me if it did a backtest (maybe)
3) Gold t
S&P 500 futures/SPY idea and simple parallel channel crossSo as you can see by a few minutes worth of doodling...there seems to be an interesting dilemma. While a lot points to a new breakout, be it news that literally changes nothing structurally for actual customer buying or future sales....it's said to be a new bull run.
Yet, just a simple glance at a
ES Daily Indicator UpdateI think the market is gonna go oversold on the daily again. It broke the wrong way out of the pennant-like structure, we still haven't heard about the electronics tariff, and we've got a slew of earnings coming up where every conf call will talk about tariffs and recession.
Long on gold at least u
S&P at 7474 in 2 years?Last couple of moves down have been 1300 points, followed by 2600 or 2x moves to the upside.
Covid was a little shallow but had the same sized upward move.
My hypothesis is that Tariffs and the uncertainty the current administration is creating will create something in-between the covid V shape spik
ES Futures-ICT Concepts (Levels for 4/28-5/2)Levels to observe for next week April 28 through May 2, 2025
Based on ICT concepts, There has been a change in the states of delivery (CISD) and Fair value gap (FVG) that has formed on the daily time frame.
This, of course, is after price has delivered lower into a discount area.
Looking for by
ES UpdateWe have an open gap above and an open gap below. I assume the one above will fill first on this rate cut pump until POwell (and/or inflation numbers) squashes it then it fills the gap below.
Everything is green right now, index futures, cryptos, and even gold but I assume that's because it's a com
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of S&P 500 E-mini Futures is 5,549.75 USD — it has risen 0.70% in the past 24 hours. Watch S&P 500 E-mini Futures price in more detail on the chart.
The volume of S&P 500 E-mini Futures is 1.27 M. Track more important stats on the S&P 500 E-mini Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For S&P 500 E-mini Futures this number is 2.15 M. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for S&P 500 E-mini Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for S&P 500 E-mini Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of S&P 500 E-mini Futures technicals for a more comprehensive analysis.