UncertaintyThe structure in the S&P 500 implies uncertainty about market direction. It is approaching levels that we found buyers in the past. So, if you're on the short side of this market be careful here and you want confirmation to the downside on Tuesday with a weaker close.Editors' picks02:02by DanGramzaPublished 1131
[ES] Has the S&P 500 Finished Its Runup?I doubt it. That move doesn't look like it's done. The general principle that this basic analysis follows is that the market moves in 3s and 5s. Now, that may sound a lot like Elliot Waves and it should. 3s and 5s were Ralph N. Elliot's primary discovery and contribution to the discovery of natural phenomena in markets. That said, it is dangerous to get dogmatic about rules. The same applies to Fibonacci extensions. But when you combine "3s and 5s" and "Fibonacci" you end up with a pretty reliable pattern. When there is a three wave move in progress (which could eventually turn into a five), you can pretty reliably trade that move (up in this case) to the 0.786 trend extension (highest probability), the 1.000 extension (high probability), or it could turn into a five wave move that goes clear up to the 1.618 extension (lowest probability move). It is not wise to be dogmatic about these strategies though, because you have to listen to the market. The market is the CEO of this enterprise, not the lines on your chart. That said, this works better than 50% of the time without question. It's a generally truthism that markets move in 3s and 5s. The challenge comes when it comes to 'wen buy, wen sell.' There is no right answer to that. Sure, the market moves in 3s and 5s, but to take advantage of it requires fluidity and a careful consideration of your (a) risks, (b) 'Bayesian priors" (if you will), and (c) the adjacent future outcomes as the come into view. This is not an endorsement of either methodology. It is merely a demonstration of the veracity of components of those methodologies. Trade well.Editors' picksLongby FuturesTradeClubPublished 7724
How To Adjust Your Fibonacci Levels Part 2Hey Traders so today I wanted to continue going over how to adjust your Fibonacci Levels into your trading style without the need for indicators. I will go over some theory and examples and how it can benefit you in your trading. Enjoy! Trade Well, CliffordEditors' picksEducation14:31by TradeTheIndexPublished 1115
ES Setting Up Excess Phase Peak Pattern - Stay Cautious Today.This price volatility has setup some very interesting price patterns on the chart. Particularly multiple Excess Phase Peak patterns on the ES chart. My analysis suggests the ES must attempt to find support above the 5738 level, otherwise the ES (and NQ) will likely attempt to move downward into the #3, #4 and #5 stages of the Excess Phase Peak pattern. This short video highlights how to use the Excess Phase Peak Patterns for your trading. Stay cautious today. Price is very volatile and it is likely that we are seeing capital react to external news (again). Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Long16:45by BradMathenyPublished 220
#ES_F Day Trading Prep Week 10.06 - 10.11Last Week : Sunday Globex held the Edge after open which gave us an attempt at above VAL into Mondays RTH Close. We pushed above the distribution balance, consolidated under next ranges VAL and sold back to Balance low. We spent the whole week filling out that area under the Edge with sells into VAH but we never got clear acceptance under 730s which is what was needed for any more downside from there, instead we would look under distribution balance low and come back towards the middle. After getting no continuation lower we got short covering on Friday before the weekend which drove prices back to balance top with a close over the Edge. This Week : Close over the Edge could be seen as strength and could bring in more buyers if we hold over it or at least over 780s, but we have to be careful over 800s because until we accept over VAL and start transacting inside next ranges Value then price may want to keep coming back inside and under the Edge of current HTF Range which is 5772 - 5650+/-. If we do get a push above but again fail to hold/get over VAL then we would look for a return back into the Edge and from there possible sells into the Supply towards balance low/VAH. IF we do return back into/under the Edge and will have enough supply built up which may take some time this week to built up we could attempt a push into lower Value and that's an IF as we may have another sort of inside week inside the distribution balance. For strength to come in and start thinking of higher prices from 800s we would need to start holding over the Edge and start transacting over VAL over 830s until then we can stay around distribution balance building Supply to bring back inside lower Value cost basis to fill the buyers there, may still need time to build up for that. Until then balance. by HollowMnPublished 4
Enthusiastic closeThe clothes in the S&P 500 on Friday was enthusiastic. This close implies that people are willing to go home long this market going into the weekend. It also represents confidence and the expectation of further movement to the upside. The next objective to the upside is 5825.02:15by DanGramzaPublished 2
I am currently long leveraged SPX ETFs based on this chartThis is a variation on the "swing trade" chart I recently published. Again I wait for the close of the Perpetual Futures and trade the SPX ETF in aftermarket and or pre-market. Don't size too large. You don't have to plunge - scale in IF ITS GOING YOUR WAY - I never add to a losing position. My code shown on top is just a combination of TV Community Scripts (Albeit, I don't know what "Gann High-Low" has to do with Gann?) and labels the entry and exit with the Golden X trend only shown and a little re-configuration. Trade at your own risk. Happy trades....to you.. DAPEducationby anotherDAPTraderPublished 1
BouncyOver the last two sessions at the lows in the S&P 500 buyers came into the market. The challenge is for these buyers to have an excuse to drive the market higher. The expectation is not a large move on Thursday but rather a market positioning itself for the payroll numbers on Friday.03:55by DanGramzaPublished 3
OHLC Statistical Mapping LongLong scenarion where opposing manipulation turns support Entry: -Manipulation Stop-Loss: +Manipulation Take Profit: +Distributionby KeclikkPublished 2
#ES_F 9.29 - 10.04.24 Distribution Continues ?Last Week : Last week market opened and failed to get under VAH during the Globex session, we needed that to see more weakness from previous week. Instead we push back inside the Edge and started balancing above most of the supply which brough stability. We got a mid week Globex stop run into next unexplored Value which couldn't hold when Volume came in closer to RTH and it flushed back towards the Edge where we balanced above into the week end. This Week : Friday finished with a break back inside the Edge with a few days of Supply above. Sellers are at and above the Edge, holding under 5810s puts us in 5790 - 40s Range which with Supply above could give us fills back Inside/Under the Edge. Needs to be holding above Edge and 5810 areas for a change and acceptance in 5790 - 5830s Range. by HollowMnPublished 1
The Downfall Of Ryans World?Ryan: I think everyones being a little silly 🙂 🐻: ... 🥤 Ryan: We are going to all time highs 🙂 🐻: Drink this Ryan... 🥤 Ryan: Gulp.... 😪 ehhhhh.... 🐻: Yessssssss..... drink up now... there you go Ryan: 😴Shortby alcoholic-semen-throwerPublished 1
ES LONGMarket opened with huge Gap up today, but still haven't taken any trade! because simply i don't follow the market or let it effect me (FOMO). So i have this red area were i am waiting for the market to assemble Accumulation structure. waiting patiently for the structure to form :) Keep watching on 15m/5m time frame for entry, possible entry after no less than 30m from now till structure start to formLongby ChartHouse_Updated 2
OHLC Statistical Mapping Bread & ButterEntry: -Manipulation SL: above protected high TP: -Distribtuionby KeclikkPublished 2
Setting itself upThe S&P 500 was setting itself up on Thursday for fundamentals be released on Friday. Buyers for the last three days came in at the trading session lows. The issue now will be to the buyers have an excuse to maintain positions going into the weekend and that is what I'm looking for in tomorrow session.03:15by DanGramzaPublished 1
ES (SP500) OCTOBER TARGET AND BIASI’m looking for some downside on ES. Ideally looking for shorts to setup within the context and framework of the models I use to engage with price. The first target and thesis I have provided below. Divergence at the highs leading into a new month. Of course this is a counter tide trade where by ultimately NQ is lagging ES and YM so the safer bet is always to predict NQ is to re-align and thus trader higher. But for now I like the Risk:Reward in speculating from a technical perspective a move lower is on the table for ES. Area to trade through is the Green zone highlighted where I would not be surprised to see it respected for a short period of time and where buys will seek to try regain September open just above. See the following link for a better for view of my analysis idea. open.substack.comShortby LochielTradingPublished 1
Skittish marketThe S&P 500 market structure implies a market that is skittish in terms of direction. Although buyers did return to the market on Monday will that jolts report on Tuesday provide the incentive to drive prices higher?01:21by DanGramzaPublished 1
S&P500 will become a long-range missile We are very close to a major correction triggered by further geopolitical escalations. The US economy and political situation will be the last nail to burst the bubble, likely in Q1 of 2025. Shortby TzvetkovPublished 113
Top 5 Weekly Trade Ideas #1 - ES Ascending Wedge BreakES has been forming an ascending wedge for about 2 weeks and it closed below last week. I wouldn't say it's a confirmed break yet, we'll have to see where we're at tomorrow morning, but if it remains below I'd be looking for shorts targeting ~5730 and then demand near 5700. This is a shorter term pattern, but it may be good for 50 points or more. If ES has reclaimed this trendline by open tomorrow I'd consider it invalid. If we stay below, the ideal entry would be right on the trendline retest with a stop above, but it may not work out that well so I like puts with a few weeks of time to ride this down to 5700 as long as it never reclaims 5800 or the wedge.Shortby AdvancedPlaysUpdated 1
S&P 500 (ESZ2024) - Hit 'n' MissAwaiting more data to make a accurate decision on the next draw on liquidity 06:45by LegendSincePublished 1
Average Range Levels Shortsimple bear model: entry: 1/3ADR+ SL: 1/3AMR+ TP: 1/3ADR- Rinse a repeatby KeclikkPublished 2
Lack luster closeThe inside day on Friday in the S&P 500 creates a lack luster close going into the weekend. It does not demonstrate the confidence that you would want to see on a Friday. My expectation for Monday is the continuation of a sideways market.02:27by DanGramzaPublished 3
ProfessionalBuying using TradeToWin VSA and SMI - Wyckoff MethodIn this short video I explain one of the most important Wyckoff VSA set ups to go long. Ultra High volume "Wyckoff Spring" followed by a change in market behaviour with testing shown in multiple time frames. This example is the E-Mini S&P futures starting with the hourly chart. The markets move on laws, which include Supply and Demand, No Supply and No Demand, Cause and Effect and Effort vs Result. These charts explain it perfectly. Any questions please send me a message on TradingView or You Tube.Long16:05by gavinh10277Published 111