ES - April 1st - Daily Trade Plan

Apr 1

April 1st - Daily Trade Plan - 7:05am

*Before reading this trade plan, if you did not read yesterday's take the time to read it first! (You can view the posts in the related publication section) *

If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also!

My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective.

** NOTE - Contract Roll: ES is in the process of rolling over from the March 2026 (ESH2026) front month contract, to June (ESM2026) front month contract. You will see that the contract price has changed and past levels are now different. I will be using the June (ESM2026) contract levels moving forward until the September contract.

*If you trade before I write out my daily trade plan. You can look at the prior days chart and 9/10 the levels already pre-planned out are still being respected. **
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I did not post a trade plan yesterday as my March 30th Plan and levels on the chart were being respected and still are.

Yesterday, price rallied on "war news", but really that is just a vehicle for Institutions to drive prices higher as we closed out the end of the month/quarter. This also happened to rally above the 6481 level that I stated would need to clear for prices to run higher.

Friday the market is closed, and futures will have light volume. The employment report comes out on Friday, also. I mentioned on my March 30th post that "I do not expect price to lose 6366 until Friday of this week (If we are going to lose it)."

While price may not lose 6366 this week, we do have some key levels overhead that need to clear for price to continue much higher. The immediate level is 6645. This is also a massive downward trendline from the February 25th high. Price is currently elevated and if we are going to move past the 6645, 6674 level, we really need to cool off and pullback. This could mean we go as low as 6483, 6462. Below there and we will most likely need to retest 6425 and below.

The overnight low is 6561 and the overnight high is 6621. If price rallies prior the NYSE open, I would be very cautious and patient. We should not rally much past 6645, so if you do catch points above 6621, make sure to sell at the next immediate level (6633, 6645). I am anticipating a pullback after 10am, but we will have to wait and see what price does in the first 30 mins.

Key Levels Today -

1. 6608 - Flush & Reclaim
2. 6590 - Flush & Reclaim
3. 6578 - Flush & Reclaim
4. 6561 - Flush & Reclaim

I will post an update around 10am EST.
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Purple = A Weekly Low (Current or Previous Week)
Blue = Key Support/Resistance Levels
Yellow = The previous day low (Includes the current weekly daily lows)
Red - Overnight Session High/Low (Prior to my post)

Apr 1

Note

10:45am - Update

Price is consolidating for a move. Which way will it go? I have no idea. I stated in the daily plan that price could reach 6645 which is a heavy resistance. We clipped that briefly this am before the open. Liquidity is reduced overhead, but you can see that price has been selling off between 6633-6608. If we are going to go higher, price needs to hold 6518-22 on any pullback or a flush and reclaim pretty quickly and it needs to clear 6645. Price is chopping around today and could do the same the rest of the week. There is no reason for Institutions to sell price off below 6500 before the holiday weekend. My general lean is that if price can clear 6645 today, we will most likely continue higher into early next week. If price does lose 6500, we will most likely need to retest the weekly lows, unless we get a quick flush and reclaim of 6500.