Context (HTF)
Price action has shown a notable rebound from the 6655 level, currently approaching the 6800 to 6810 range, which is characterized by recent supply identified on the 1-hour and 4-hour charts. Despite the ongoing lower-highs structure observed on the 4-hour timeframe, momentum appears to be shifting positively following Friday’s significant low. Traders should anticipate a period of two-way trading early in the week, likely within the 6650 to 6850 corridor, until mid-week economic data provides clearer direction.
Setups (Level-KZ Protocol 15/5/1)
1) Rejection Fade @ 6800–6810 (Tier-1 if first touch)
15m rejection back inside → 5m re-close below with LH → 1m first pullback fail.
Entry: 6798–6808 on 1m fail. SL: 15m wick-high +0.25–0.50.
TP1: 6768–6775 (S1). TP2: 6723 (S2). Viability gate: TP1 ≥ 2.0R using the 15m-wick stop.
2) Acceptance Continuation > 6810
15m full-body close above → 5m pullback holds 6805–6810 → 1m HL entry.
Entry: 6808–6812. SL: 6794–6798 (15m wick).
TP1: 6838–6848 (R2). TP2: 6885–6905 (R3). No trailing before TP2; at TP1 close ~70%, set runner to BE.
3) Quick-Reclaim Bounce @ 6765–6775 (Tier-2)
Sweep S1 → instant reclaim on 5m → 1m HL.
Entry: 6767–6774. SL: 6756–6759.
TP1: 6798–6810. TP2: 6835–6845.
4) Exhaustion Flush Bounce @ 6648–6658 (Tier-3)
Capitulation wick into S4 → 5m reversal signal → 1m HL.
Entry: 6651–6657. SL: 6639–6642.
TP1: 6686–6692. TP2: 6718–6728.
What can move ES this week (keep risk light around release windows)
• Tue (Nov 11): Veterans Day — equities open, U.S. bond market closed; liquidity can be thinner.
• Thu (Nov 13, 8:30 ET): October CPI.
• Thu (Nov 13, 8:30 ET): Initial jobless claims (weekly).
• Fri (Nov 14, 8:30 ET): October PPI and Advance Retail Sales.
• Fed speakers/boards: See the Fed’s official calendar for any added talks this week.
• Earnings of note: Several large caps report mid-week (e.g., Cisco; Disney). Expect single-name volatility spillover.
Notes for execution: mark the zones on 15m; wait for your 15→5→1 confirmation sequence; enforce the 2.0R viability gate using the 15m wick stop; no partials before TP1; max two tries per level.
Price action has shown a notable rebound from the 6655 level, currently approaching the 6800 to 6810 range, which is characterized by recent supply identified on the 1-hour and 4-hour charts. Despite the ongoing lower-highs structure observed on the 4-hour timeframe, momentum appears to be shifting positively following Friday’s significant low. Traders should anticipate a period of two-way trading early in the week, likely within the 6650 to 6850 corridor, until mid-week economic data provides clearer direction.
Setups (Level-KZ Protocol 15/5/1)
1) Rejection Fade @ 6800–6810 (Tier-1 if first touch)
15m rejection back inside → 5m re-close below with LH → 1m first pullback fail.
Entry: 6798–6808 on 1m fail. SL: 15m wick-high +0.25–0.50.
TP1: 6768–6775 (S1). TP2: 6723 (S2). Viability gate: TP1 ≥ 2.0R using the 15m-wick stop.
2) Acceptance Continuation > 6810
15m full-body close above → 5m pullback holds 6805–6810 → 1m HL entry.
Entry: 6808–6812. SL: 6794–6798 (15m wick).
TP1: 6838–6848 (R2). TP2: 6885–6905 (R3). No trailing before TP2; at TP1 close ~70%, set runner to BE.
3) Quick-Reclaim Bounce @ 6765–6775 (Tier-2)
Sweep S1 → instant reclaim on 5m → 1m HL.
Entry: 6767–6774. SL: 6756–6759.
TP1: 6798–6810. TP2: 6835–6845.
4) Exhaustion Flush Bounce @ 6648–6658 (Tier-3)
Capitulation wick into S4 → 5m reversal signal → 1m HL.
Entry: 6651–6657. SL: 6639–6642.
TP1: 6686–6692. TP2: 6718–6728.
What can move ES this week (keep risk light around release windows)
• Tue (Nov 11): Veterans Day — equities open, U.S. bond market closed; liquidity can be thinner.
• Thu (Nov 13, 8:30 ET): October CPI.
• Thu (Nov 13, 8:30 ET): Initial jobless claims (weekly).
• Fri (Nov 14, 8:30 ET): October PPI and Advance Retail Sales.
• Fed speakers/boards: See the Fed’s official calendar for any added talks this week.
• Earnings of note: Several large caps report mid-week (e.g., Cisco; Disney). Expect single-name volatility spillover.
Notes for execution: mark the zones on 15m; wait for your 15→5→1 confirmation sequence; enforce the 2.0R viability gate using the 15m wick stop; no partials before TP1; max two tries per level.
If you want to contact me Email: info@algoindex.com or algoindex.com
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.
If you want to contact me Email: info@algoindex.com or algoindex.com
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.