LegendSince

ES1! - Selloff In The Works

Short
LegendSince Updated   
CME_MINI:ESM2024   E-mini S&P 500 Futures (Jun 2024)
Yesterday I posted analysis for ES but unfortunately, it was for the previous contract month meaning that all analysis made is negated.

Assuming this was posted on the Sunday, i was looking out for sellside to be swept, which eventually happened but it's pointless me saying that is what i was on a lookout for when the move has already played out.

Overall, i am still short until the liquidity voids is met @ 5075 - 5055 but the main point of interest was sellside located at 5157 which has already been met.

The run up to weekly buyside @ 106.006 has been booked, as anticipated from last week. With my overall target of 106.006 met, i am expecting a minor retracement before a continuation up into the 14th Nov 22 lower displacement fair value gap.

This could take a few weeks to pan out. but i will be keeping this analysis updated throughout the week.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Trade closed: target reached:
5075 - 5055 daily liquidity void booked!

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