Day 41 — Trading Only S&P Futures | Beating the WhipsawDay 41 of Trading Only S&P Futures closes green across the board: +$1,866 across all accounts, with +$409 booked on my main account.
The market felt wild today with whipsaw moves all over. Instead of forcing trades, I waited it out and stayed patient near breakeven. Toward the end of the session, I finally got high-probability setups — and that made the day.
My trade copier app glitched out, so execution wasn’t perfect across accounts, but the main lesson here is clear: patience beats trying to fight the chop.
📰 News Highlights
DOW, S&P 500 and NASDAQ end higher as government shutdown looms
🔑 Key Levels for Tomorrow
Above 6720 = Flip Bullish
Below 6695 = Flip Bearish
S&P 500 E-Mini Futures
S&P500 Short-term Bull Flag formed.The S&P500 index (SPX) has been trading within a Channel Up since the July 31 High. The price is currently on its 4H MA50 (blue trend-line), forming a Bull Flag after a 4H MA100 (green trend-line) rebound last Thursday.
This is similar to the Bull Flags of August 25 and 05, which both ended with a rise to the 1.236 Fibonacci extension. Even the 4H RSI sequences among the 3 fractals are similar with their Lower Highs structures. The only difference is that the price bottomed this time on the 4H MA100 (as mentioned), instead of the 4H MA200 (orange trend-line) of the previous 3 times.
As a result, if this Bull Flag holds, we expect a quick rally to 6720 (just under Fib 1.236).
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ES (SPX, SPY) Analyses, Key Zones, Setups Thus (Sep 30)SESSION DRIVERS
• Europe: Germany CPI/HICP prelim came in hotter (2.4% y/y).
• Energy: OPEC+ chatter about a possible +500k b/d hike hit crude; watch cross-asset spillover.
• U.S. tape: Headlines around government-funding risk; yields eased into week-start.
→ Net: headline sensitivity + range tendencies early; let NY cash open set the tone.
INTRADAY BIAS & SCENARIOS
Base case: Range-to-down if 6714–6724 caps on first tests → rotate toward 6696 then 6669.
Alternative: Acceptance above 6724 flips momentum up → test 6731–6736 stops; extension possible toward 6750/6763 if buyers hold retests.
Threshold: 6696/6694 pivot (ONL/London Low). Below = opens magnets 6686 → 6669. Above and accepted = re-target 6714/6724.
LEVEL-KZ PROTOCOL (15/5/1) — SETUPS:
Tier-1 (A++) Acceptance Continuation — LONG above 6724
Trigger: 15m full-body close >6724.
5m: Pullback holds 6720–6724 and re-closes up.
1m Entry: HL reclaim.
SL: Below 15m trigger wick or 6716 (whichever is lower).
• TP1: 6731–6736, TP2: 6750, TP3: 6763.
Management: At TP1 close 70%, runner 30% to BE; no trail before TP2.
Tier-1 (A++) Rejection Fade — SHORT at 6714–6724
Trigger: 15m rejection that closes back below 6714.
5m: Re-close down with LH.
1m Entry: First pullback lower-high.
SL: Above 6728 (or 15m wick high).
TP1: 6696–6694, TP2: 6689–6685, TP3: 6672–6666.
Notes: Best on first touch during NY AM.
Tier-2 (A+) Quick-Reclaim Bounce — LONG at 6672–6666
Trigger: Sweep 6666 → instant reclaim; 15m closes back above 6672.
5m: Re-close up holding the band.
1m Entry: HL.
SL: Below 6658.
• TP1: 6696, TP2: 6714–6724, TP3: 6731–6736.
Size: ¾ normal.
Tier-3 (A) Exhaustion Flush — LONG at 6654–6650 or 6639–6636
Trigger: Exhaustion wick + 15m close back inside; 5m re-close up.
SL: 6–8 pts below the wick (respect the 15m anchor).
• TP1: 6666–6672, TP2: 6696, TP3: 6714.
Size: ½ normal. Use only if velocity spike + capitulation tells.
RISK & EXECUTION GUARDRAILS
• Hard SL on the relevant 15m wick ±0.25–0.50 pts.
• Viability gate: TP1 ≥ 2.0R.
• Max 2 attempts per level per session; time-stop 45–60m if neither TP1 nor SL hits.
• Daily guardrails: stop trading at −2R net or lock gains at +3R net.
• Lunch 12:00–13:00 manage only; PM window 13:30–16:00 for second pass.
Day 40 — Trading Only S&P Futures | -$2,515 LossDay 40 of Trading Only S&P Futures closes with another red day, down -$2,515.
I started the day with losses from an overnight trade but worked back to breakeven after a few solid setups. Then came the turning point — I bet on structure flipping bullish, set multiple buy-the-dip orders with stops just under 6701, and got wicked out two points before the bounce. That single trade set the tone for the rest of the session.
On top of that, I was fighting a headache all morning, so instead of tilting, I stepped away, left orders at key levels, and let the market do its thing. This challenge isn’t about perfection — it’s about consistency and learning, even on tough days.
📰 News Highlights
US economic data releases to pause in government shutdown, Bureau of Labor Statistics says.
ES Futures (SPX, SPY) Weekly Analyses, Levels: Sep 29 - Oct 3 Weekly Outlook
The trend remains bullish on both the weekly and daily charts, with price action re-accumulating beneath a well-defined supply zone around 6750–6760. Friday’s rebound from the low 6600s has established a higher-low structure on the 4-hour and 1-hour timeframes, closing above the mid-range of 6612–6630, which shifts near-term momentum back in favor of the buyers.
As we enter a catalyst-heavy week, the path of least resistance suggests a measured push through last week’s “weak high” zone (6750–6760). A decisive move above this supply shelf could target the psychological 6800 mark first, with potential for further upside towards 6865–6885, assuming momentum and market breadth are supportive.
Conversely, if we fail to establish acceptance above 6755, the market could revert to a 6700–6760 range, with downside risks extending to 6620 in response to any hot economic data or risk-off sentiment in the headlines.
Key catalysts this week (ET)
Mon–Thu: Fed speakers scattered; watch for rate-path color and balance-sheet remarks.
Tue 10:00: JOLTS (Aug).
Wed 8:15: ADP employment (Sep). Wed 10:00: ISM Manufacturing (Sep).
Fri 8:30: Non-Farm Payrolls & Unemployment (Sep). Fri 10:00: ISM Services (Sep).
Note: Any fiscal headlines or shutdown noise can skew liquidity and tape reactions around these prints.
Tomorrow — NY AM plan (Level-KZ Protocol 15/5/1)
ES Long (A++) — 6750–6760 Acceptance Continuation
Bias: Bullish if we get acceptance above the 6750–6760 shelf.
Trigger: 15m full-body close above 6755. Then 5m pullback holds ≥6750 and re-closes up; enter on the first 1m HL.
Entry: 6752–6756 pullback fill (avoid chasing a wick).
Stop: Hard SL below the 15m break-candle low −0.50. Viability gate: TP1 ≥ 2.0R.
Targets: TP1 6798–6805; TP2 6865–6885; TP3 6900–6915.
Management: No partials before TP1. At TP1 close 70%, move runner to BE. Trail only after TP2 or if a 5m lower-high forms against you. Time-stop 45–60m if neither TP1 nor SL hits. Max 2 attempts at this level for the session.
Invalidation: 15m body back inside ≤6748 or a failed 5m re-close (acceptance lost).
ES Short (A+) — 6750–6760 Rejection Fade
Bias: Mean-revert to base if the shelf is swept and rejected.
Trigger: Sweep 6750–6760 and 15m closes back below 6748. Then 5m re-close down with a LH; enter on the first 1m LH.
Entry: 6744–6748.
Stop: Above the rejection wick +0.50 or ≥6762, whichever is tighter.
Targets: TP1 6705; TP2 6680; TP3 6620.
Management: Take 70% at TP1, runner to BE; consider covering more ahead of 6680 into data windows. Time-stop 45–60m. Max 2 attempts.
Invalidation: 15m acceptance back above 6755 or a 5m close making new session highs.
Price Projection for the Week
Base Scenario: If we see early-week acceptance above 6755, look for targets at 6800, paving the way for a gradual move towards 6865–6885 by Friday. A soft-landing scenario, characterized by cooler labor growth and steady ISM data, could push prices even to the 6900–6915 range.
Alternative Scenario: Should we experience a rejection in the 6750–6760 range, expect the ES to remain range-bound between 6700–6760. Hot labor market data or strong ISM figures could drive the price back to 6620, where it’s crucial for buyers to defend this level to maintain the uptrend.
Execution Notes:
- Focus on trade opportunities only within key kill-zones: primary session is NY AM from 09:30–11:00; optional trading during Asia/London sessions should be done at reduced sizes.
- Adhere to daily barriers: halt trading at -2R or after achieving +3R net.
- On first touch, prioritize R0/S1 as significant; consider de-risking during second or third interactions.
Day 39 — Trading Only S&P Futures | -$2,465 DrawdownDay 39 of Trading Only S&P Futures ends with a tough -$2,465 loss.
The morning started strong — I was green on my first three trades with bullish signals at the open. But by 10am, unexpected news about a government shutdown and rate cut doubts shook the market. I got shaken out, lost my morning gains, and ended the day deep in the red.
In hindsight, if I had trusted my analysis, kept my MOB buy-the-dip orders, and stayed patient, I would’ve finished green. Instead, I let the news trigger me and broke discipline.
🔑 Key Levels for Tomorrow
Above 6705 = Flip Bullish
Below 6675 = Flip Bearish
ES Futures (SPX) - Analyses, Key-Zones, Setups - Thu, Sep 26News & catalysts (ET)
8:30 — PCE & Core PCE (Aug) , the Fed’s preferred inflation gauges. Market focus is on Core PCE ~2.9% YoY and ~0.2% MoM consensus.
10:00 — University of Michigan Consumer Sentiment (final Sep) . Scheduled time confirmed by
Fed speakers: Vice Chair for Supervision Bowman in a 10:00 discussion;
Fed Board’s Beth Anne Wilson remarks at 8:45 at a New York Fed conference.
Earnings/overnight tone: Costco (COST) reported FY Q4 results Thu after close; headlines can sway retail/consumer sentiment pre-open. Nike (NKE) is due Tue 9/30 after close (next week).
Bias:
Base case: Two-way trade into 8:30, directional break afterward.
If Core PCE ≤ 0.2% MoM or ≤ 2.8% YoY: risk-on; favor upside continuation through near-term supply toward 6700+.
If Core PCE ≥ 0.3% MoM or ≥ 3.0% YoY: risk-off; favor sell-the-rips into 6630 → 6605 ladder.
Secondary input 10:00: Michigan Sentiment can add a second impulse; weak sentiment keeps rallies fragile.
PA roadmap
Overnight: Expect balance inside 6655–6675 until 8:30. Liquidity likely pools above 6675 and below 6650 for the data sweep.
NY AM (09:30–11:00): Trade the post-8:30 acceptance: continuation if 15m structure accepts beyond a zone; fade if we get swift rejection back inside.
NY PM (13:30–16:00): Look for consolidation breaks toward untested AM extremes; avoid initiating inside mid-range chop.
Setups (Level-KZ Protocol 15/5/1)
A++ Acceptance Long (major)
Trigger: 15m full-body close above 6670–6675, followed by 5m pullback that re-closes above.
Entry: 1m HL after the 5m re-close.
SL: Below the 15m trigger wick −0.25–0.50 pts.
TPs: TP1 6705, TP2 6725, TP3 6760–6765.
Management: No partials before TP1; at TP1 close 70%, set 30% runner to BE; runner aims TP2→TP3. Time-stop 45–60m if neither TP1 nor SL hits.
Invalidation: 15m body back inside 6670 (acceptance lost).
A++ Acceptance Short (major)
Trigger: 15m full-body close below 6655, then 5m pullback that fails and re-closes below.
Entry: 1m LH after the 5m re-close.
SL: Above the 15m trigger wick +0.25–0.50 pts.
TPs: TP1 6631–6635, TP2 6605–6608, TP3 6580–6585.
Management: Same as above.
Invalidation: 15m body back above 6658.
Day 38 — Trading Only S&P Futures | +$1,935 WinI’m trading one system, one ticker — S&P 500 futures — every single day for a full year. I journal every session to track progress, reflect, and sharpen my execution.
If you’re serious about building consistency and treating trading like a business, you’re in the right place.
Stick around — at the end, I’ll break down the key levels I’m watching for tomorrow. Let’s go.
Recap & Trades
Day 38 was different — I woke up late, wasn’t feeling well, and missed the morning’s big drop and recovery. Instead of forcing trades, I stayed patient on the sidelines.
By the afternoon, DL and DD signals lined up beautifully. That’s when I stepped in, executed clean trades, and finished the session +$1,935. Proof that sometimes the best edge is waiting until the market gives you alignment.
S&P 500: Rally Stalls, but Further Upside LikelyMidweek, the S&P 500 struggled to find the momentum needed to extend its climb within the magenta wave (3). However, our primary outlook still calls for this wave to reach a somewhat higher high. Afterward, wave (4) of the same color is expected to take over, guiding the index into the magenta Target Zone between 6,283 and 5,781 points. In wave (5), another upward phase is anticipated, which should ultimately complete the broader uptrend of the blue wave (III) at an even higher price level.
ES-mini Futures - (SPX) Analyses for Sep 25Market drivers for Thu, Sep 25 (ET)
• 8:30 — GDP 2Q (Third estimate) + Corporate Profits (annual update). Official BEA release.
• 8:30 — Durable Goods (Advance, Aug). Census M3 advance report (release time 8:30 a.m. ET).
• 8:30 — Initial Jobless Claims (weekly). DoL weekly claims (standard Thu 8:30 a.m. ET cadence).
• 10:00 — Existing-Home Sales (Aug). National Association of Realtors, scheduled for Thu 10:00 a.m. ET.
• Fed speakers — Vice Chair Bowman: 9:00 a.m. (Economic Outlook) and 1:00 p.m. (Approach to Monetary Policy).
• Treasury — Multiple bill auctions scheduled for Sep 25 (4-, 6-, 13-, 26-, 52-week). Watch rate/curve reaction around midday.
• (Context) Atlanta Fed GDPNow next update Fri, Sep 26 (used by markets for GDP tracking).
Risk windows to respect: 8:30 (data cluster) and 10:00 (housing). Avoid fresh entries ~5m before/after these prints; expect liquidity gaps.
Overall bias & PA projection (overnight → tomorrow)
Structure: Uptrend on higher timeframes, but near a weekly/4H supply cap ~6,76x–6,78x with a fresh H1 pullback printed.
Bias into NY: Balanced-to-slightly-bullish if 6,67x holds. Below that, rotation toward the extension cluster 6,66x–6,64x likely before buyers try again.
Overnight projection: Asia/London likely to range 6,68x–6,70x. A London stop-run under 6,678 that quickly reclaims sets the stage for NY bounce. Acceptance below 6,672 opens 6,659 → 6,640 → 6,619.
NY session — A++ setups (Level-KZ Protocol 15/5/1)
Management rules (as usual): TP1 = next opposing MAJOR level; close 70% at TP1, leave 30% runner → TP2/TP3; hard SL = 15m trigger wick ±0.25–0.50pt; time-stop 45–60m; max 2 attempts per level.
ES SHORT (A++) — Rejection Fade at 6,735–6,750
Trigger: 15m rejection close back inside the zone → 5m re-close down with LH → 1m pullback fail to enter.
Entry: 6,740 ±2 (within zone after the 1m pullback).
SL: Above the 15m signal wick / hard cap 6,768.
• TP1: 6,700 pivot.
• TP2: 6,678–6,672 shelf.
• TP3: 6,659–6,640 ext cluster.
Invalidation / maintenance: Two whipsaws or a 15m body-through ≥1.0pt above 6,768 → demote/stand down; acceptance >6,768 flips bias to longs toward 6,78x.
ES LONG (A++) — Acceptance-Continuation from 6,658–6,642
Context: High-prob “flush & reclaim” at the extension cluster before/after 8:30 data.
Trigger: 15m full-body close back above 6,652, 5m HL + re-close up, 1m HL entry.
Entry: 6,650 ±3 after reclaim.
SL: Below the 15m signal wick / hard cap 6,637.
• TP1: 6,700 pivot.
• TP2: 6,724–6,735 supply.
• TP3: 6,760–6,770 (weekly cap).
Notes: If the 8:30 print gaps price through TP1 immediately, manage fills but still honor runner plan; no trailing before TP2 per protocol.
==========
London session game plan (02:00–05:00 ET)
Base case: Range 6,678–6,700 with liquidity sweeps. Reclaim of 6,700 during London often fades back into the range; prefer patience for NY AM.
Alternative: London sell program to 6,66x–6,64x → if quick reclaim above 6,652, that’s the Tier-2 bounce that feeds the NY long setup.
Bear path: Acceptance <6,640 in London → prepare for a trend-day lower toward 6,619 unless NY reverses on data.
Day 37 — Trading Only S&P Futures | +$1,559 Bearish BreakdownDay 37 of Trading Only S&P Futures is wrapped up with a strong green day — finishing +$1,559.
The session didn’t start smooth. Running on 4 hours of sleep, I accidentally put in a buy order instead of a sell order at the 1-min MOB level. That mistake cost me some early profits, but once I flipped short, the bearish structure was undeniable.
From there, it was all about riding the trend down — stacking shorts as sell signals and structure aligned. A strong reminder that even with mistakes, discipline and following the signals can still turn the day around.
🔑 Key Levels for Tomorrow
Above 6725 = Flip Bullish
Below 6708 = Remain Bearish
ES (E-mini S&P 500) — Plan for Wed Sep 24Fundamentals (tomorrow, ET)
04:00 Germany IFO Business Climate (often moves European risk tone during London).
10:00 U.S. New Home Sales (Aug) — official Census schedule lists New Residential Sales at 10:00 a.m..
10:30 EIA Weekly Petroleum Status Report (standard time each Wed).
13:00 U.S. 5-Year Note auction (can nudge yields/indices).
Context: Yesterday’s U.S. flash PMIs showed slower but still-expanding activity (Composite 53.6 vs 54.6 Aug).
Bias(HTF→LTF)
HTF: Uptrend but near prior highs; Tuesday printed a lower-timeframe selloff into ~6,701–6,705 (confluence with D1 1.272 ≈ 6,705).
Base case into London: Two-way trade inside 6,701–6,744–6,756 triad while Europe digests IFO.
Two paths for NY:
Acceptance ↑ above 6,756.5 → squeeze the weak-highs toward 6,765–6,770, then 6,798–6,800 (D1 1.618).
Acceptance ↓ below 6,701–6,705 → trend rotation toward 6,690s → 6,680s (next liquidity shelves).
London session game plan
If Europe pushes up early: Watch 6,744. Failure there → rotate back to 6,711–6,718; clean reclaim → sets NY for a 6,756 test.
If Europe bleeds down: Look for sweep & hold behavior at 6,701–6,705; loss of that area on 15m body-through tends to trend extend into the 6,69x/6,68x shelves before NY AM.
NY AM (09:30–11:00 ET) and NY PM (13:30–16:00 ET) → full size, run the exact confirmations and targets I gave.
A++ Acceptance LONG — above 6,756.5
Confirmations (15/5/1):
• 15m full-body close above 6,756.5 (acceptance).
• 5m pullback holds ≥ 6,754–6,756 and re-closes up.
• 1m HL entry on first clean re-trigger.
Entry: 6,756–6,758 on the retest (or continuation >6,760 after 5m re-close).
Hard SL: below the 15m trigger wick or < 6,744 by 0.25–0.50 pt (whichever is lower).
Targets: TP1 6,765–6,770, TP2 6,798–6,800, TP3 6,901.
Management: No partials before TP1; at TP1 close 70%, set 30% runner to BE; no trail before TP2. Time-stop 45–60m if neither TP1 nor SL hits. Max 2 attempts at this level.
Invalidation: 15m close back inside < 6,756 after entry that fails the 5m hold → cancel and reassess.
=============
A++ Acceptance SHORT — below 6,701–6,705
Confirmations (15/5/1):
• 15m full-body close below 6,701 (body-through the band).
• 5m LH + re-close down on the retest of 6,701–6,705.
• 1m LH entry on first pullback failure.
Entry: 6,699–6,703 on the retest.
Hard SL: above the 15m trigger wick or > 6,705 by 0.25–0.50 pt (whichever is higher).
Targets: TP1 6,690–6,692, TP2 6,680–6,685, TP3 trail if trend accelerates.
Management: Same rules as Setup #1 (TP1 70% + runner to BE; 45–60m time-stop; max 2 attempts).
Invalidation: Reclaim on 15m back above 6,705 that holds → cancel the short.
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Risk & timing notes
• 10:00 New Home Sales and 10:30 EIA can cause abrupt spikes; favor entries after the first post-data 5m bar closes unless already in with cushion.
• 13:00 5-Year auction can alter yield curve into the NY PM window; manage runners.
Day 36 — Trading Only S&P Futures | -$1175 LossDay 36 of Trading Only S&P Futures is in the books — and it wasn’t pretty.
I started the session well, up about +$100, but got greedy and overleveraged at 6728 thinking Powell’s comments would flip the market bullish. I was wrong. That single forced trade cost me the day, dropping -$1175.
To make things worse, I missed the chance to buy the actual bottom near 6702. If I’d stayed patient, today could’ve been a very different outcome.
Lesson learned: don’t rush, don’t get over-reliant on gamma levels, and trust my own TA and the algo more.
📰 News Highlights
S&P 500, NASDAQ pull back from records as Powell says stocks are overvalued
🔑 Key Levels for Tomorrow
Above 6725 = Flip Bullish
Below 6700 = Flip Bearish
S&P500 approaching a Resistance that was last tested in 1998 !!This isn't the first time we present you this chart, in fact from time to time (usually on a quarterly basis) we like to bring this forward with some adjustments in order to help us maintain a long-term perspective.
And that technically shows the S&P500 index (SPX) trading within a century long Fibonacci Channel Up (since the 2029 Great Depression) with clear Bull and Bear Cycles. We will not get into much details on those, as they've been analyzed extensively in previous publications but we will point out that currently we remain inside a multi-year Bull Cycle.
In fact, since the November 2022 market bottom, we believe we've entered the A.I. Bubble, which is in our opinion (perhaps a more aggressive) version of the Internet Bubble of the 1990s. Again this has been analyzed extensively before.
Right now the index is approaching the top of the 0.5 - 0.618 Fib Zone (orange range). The one above (0.618 - 0.786 Fib, red Zone), was first entered in February 1998 and exited for good at the start of the Dotcom crash in February 2001. Since then, the market never even touched it (almost 25 years).
We believe that a marginal test and break inside this 'ghost zone' could be attempting by late 2025 - Q1 2026 and then a strong correction back near the 1M MA50 (blue trend-line) will present the next long-term buy opportunity that could fuel the A.I. Bubble until it finally bursts within 2030 - 2032.
Until then, a 12000 Target on SPX isn't at all an unrealistic one, in our opinion.
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Day 35 — Trading Only S&P Futures | SPX Hits RecordDay 35 of Trading Only S&P Futures is complete!
Today was one of the smoother days. We opened with a bullish structure signal and a clean backtest near the MOB. From there, the market ripped higher. I didn’t catch the full move but I did nail the initial push, which gave me space to step away for most of the day.
Later in the afternoon, I tried shorting with a tight stop and got clipped. Reentered closer to 6755 resistance, and that short worked out well, closing the day +$849.90.
🔑 Key Levels for Tomorrow
Above 6705 = Remain Bullish
Below 6690 = Flip Bearish
📰 News Highlights
The S&P 500 just ended at a new record for the 28th time this year.
Weekly Analysis of the S&P 500 (ES) - Sep 22 - 26 - Fundamental Bias
So, here's the deal: we're still on an upward trend, but price is pushing against a "ceiling cluster" just above us. Expect a slow climb for now until something changes.
As long as we stay above 6,700–6,705, dip buyers will probably step in and try to push things back up to the 6,73x/6,75x range.
When we hit 6,745–6,760, we might see some stalls or rejections because there’s not much support there. If we can get above 6,760 and hold it for 15 minutes, we could squeeze up to around 6,798.
On the flip side, if we drop below 6,700–6,705 and stay there for 15 minutes, the vibe could switch to a downward trend, with potential targets around 6,693 and then about 6,660.
In short: I'm feeling slightly bullish as long as we’re above 6,700. Watch for some action around 6,745–6,760, and consider going long only if we cleanly break above 6,760.
Quick game plan for tomorrow (NY kill-zones 9:30–11:00 & 13:30–16:00 ET)
Open > 6,710 and < 6,731: Buy dips into 6,720/6,710 aiming back to 6,731 → 6,745.
Gap/push into 6,745–6,760 early: Look for a 15m rejection to fade back toward 6,731/6,720. Accept > 6,760? Switch long and target 6,798.
Break and hold < 6,700–6,705: Stand down on longs; hunt bounces to sell toward 6,693 → 6,660.
Use Key Levels as a map.
Week-ahead fundamentals (ET) — what can move ES
Mon 9/22 — CFNAI (Chicago Fed) 8:30a. Tracks broad U.S. activity; August print due.
Tue 9/23 — S&P Global “flash” PMIs (Mfg/Services) 9:45a indicative timing; S&P’s week-ahead notes flash PMI on the 23rd.
Wed 9/24 — New Home Sales (Aug) 10:00a. Census’ July release notes the Aug report is scheduled Sep 24.
Thu 9/25 — Q2 GDP (third) 8:30a (BEA), Durable Goods (Aug) 8:30a (Census), Weekly Jobless Claims 8:30a (DOL).
Fri 9/26 — PCE & Core PCE (Aug) 8:30a (BEA) and U. Michigan sentiment (final Sep) 10:00a.
Fed speakers (mid-day risk): Mon 12:00p Gov. Miran; Tue 12:35p Powell; Thu 9:00a/1:00p Bowman/Barr; Fri 10:00a Bowman.
Treasury supply: 13- & 26-wk bill auctions Mon 9/22; 6-wk bill Tue 9/23; 2-yr FRN reopen Wed 9/24 (tentative schedule).
Earnings to note (Thu): Costco Q4 FY25 call Thu 9/25 2:00 pm PT; broader week list light otherwise.
Weekly Analysis of the S&P 500 (ES) - Sep 22 - 26 - UpdatedThe analysis for the upcoming week contained an error in the drawing. I have updated it, so this version is correct.
Bias
So, here's the deal: we're still on an upward trend, but price is pushing against a "ceiling cluster" just above us. Expect a slow climb for now until something changes.
As long as we stay above 6,700–6,705, dip buyers will probably step in and try to push things back up to the 6,73x/6,75x range.
When we hit 6,745–6,760, we might see some stalls or rejections because there’s not much support there. If we can get above 6,760 and hold it for 15 minutes, we could squeeze up to around 6,798.
On the flip side, if we drop below 6,700–6,705 and stay there for 15 minutes, the vibe could switch to a downward trend, with potential targets around 6,693 and then about 6,660.
In short: I'm feeling slightly bullish as long as we’re above 6,700. Watch for some action around 6,745–6,760, and consider going long only if we cleanly break above 6,760.
Quick game plan for tomorrow (NY kill-zones 9:30–11:00 & 13:30–16:00 ET)
Open > 6,710 and < 6,731: Buy dips into 6,720/6,710 aiming back to 6,731 → 6,745.
Gap/push into 6,745–6,760 early: Look for a 15m rejection to fade back toward 6,731/6,720. Accept > 6,760? Switch long and target 6,798.
Break and hold < 6,700–6,705: Stand down on longs; hunt bounces to sell toward 6,693 → 6,660.
Use Key Levels as a map.
Week-ahead fundamentals (ET) — what can move ES
Mon 9/22 — CFNAI (Chicago Fed) 8:30a. Tracks broad U.S. activity; August print due.
Tue 9/23 — S&P Global “flash” PMIs (Mfg/Services) 9:45a indicative timing; S&P’s week-ahead notes flash PMI on the 23rd.
Wed 9/24 — New Home Sales (Aug) 10:00a. Census’ July release notes the Aug report is scheduled Sep 24.
Thu 9/25 — Q2 GDP (third) 8:30a (BEA), Durable Goods (Aug) 8:30a (Census), Weekly Jobless Claims 8:30a (DOL).
Fri 9/26 — PCE & Core PCE (Aug) 8:30a (BEA) and U. Michigan sentiment (final Sep) 10:00a.
Fed speakers (mid-day risk): Mon 12:00p Gov. Miran; Tue 12:35p Powell; Thu 9:00a/1:00p Bowman/Barr; Fri 10:00a Bowman.
Treasury supply: 13- & 26-wk bill auctions Mon 9/22; 6-wk bill Tue 9/23; 2-yr FRN reopen Wed 9/24 (tentative schedule).
Earnings to note (Thu): Costco Q4 FY25 call Thu 9/25 2:00 pm PT; broader week list light otherwise.
S&P 500 (ES1!): Bullish! Buy The Dip! Keep It Simple!Welcome back to the Weekly Forex Forecast for the week of Sept 22 - 26th.
In this video, we will analyze the following FX market: S&P 500 (ES1!)
The S&P500 is still bullish, and there is no reason to short it.
Wait for price to pullback to a +FVG, and then look for valid buy setups on your entry TFs.
Don't jump into sells! They are against the trend and lower probability!
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
S&P 500 (ES1!): Wait For Longs! Buy The Dip!Welcome back to the Weekly Forex Forecast for the week of Sept 15 - 19h.
In this video, we will analyze the following FX market: S&P 500 (ES1!)
The S&P500 is still bullish, and there is no reason to short it. The Bulls are clearly in control.
As price moves from ERL to IRL, the untouched +FVG below is a great place to look for a high probability long setup.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
ES (SPX) Analyses - Key Levels - Setups - Fri, Sep 19Bias:
After the recent FOMC meeting, where they cut rates by 25 basis points on September 18, the E-mini S&P 500 futures are looking a bit bullish. There’s decent support holding up, but expect some bumpy trading around those all-time highs. We might see the market bouncing between the usual value areas, with traders likely to fade the extremes unless there’s a strong breakout.
Momentum could slow down as we get close to overbought levels, which might lead to some profit-taking on any rallies. On the flip side, expect strong buying when prices dip. For now, the trading range looks to be between 6660 and 6710, with swings of about 20 to 30 points likely in quieter trading conditions.
Friday has no major U.S. data on the weekly calendar wrap; Thursday’s LEI fell −0.5% m/m in Aug (already out), so macro tape-bombs are limited.
Quadruple-witching: 09/19/2025 is the quarterly expiration (third Friday of Sep). Also note ESU25 last trade = Sep 19, even though most trading has rolled to ESZ25. Expect flowy opens/closes and possible “pin” behavior. 
Options positioning (ES):
• Report totals: 5.83M total OI; put/call = 3.51. 
• Friday weeklies: 2.676M OI; P/C = 5.09 (put-heavy into expiry). 
• Sep contract (ESU5, 2 DTE): ~1.07M total OI; P/C = 3.01; ~185k volume in the latest report. 
• Vol: 30-day ATM IV ≈ 12.33% (down slightly d/d). 
• 0DTE share in SPX options has been >60% of volume recently — expect same-day gamma flows to matter on a quad-witch Friday. 
Bottom line: This is a put-heavy, expiry-dense tape with subdued vol. Expect pinning/reversion around big strikes and flowy opens/closes rather than a trend day—unless price cleanly accepts outside the range.
Next known catalysts (not tomorrow but near-term): Flash PMIs Mon 9/22; U. Michigan final sentiment Fri 9/26.
Setup 1 — Tier-2 (A+ Bounce) LONG @ 6680–6695
Trigger: sweep 6680–6690 → 15m close back above 6693.5 (AS.L) → 5m re-close + HL → 1m pullback hold.
Entry: 6694–6697.
SL: below the 15m sweep low −0.5 pt (hard).
TP1: 6705–6707 (AS.H). TP2: 6718–6725 (W3).
Management: at TP1 close 70%, move runner to BE; aim TP2; time-stop 45–60m if neither TP1/SL hits; max 2 attempts/level.
Setup 2 — Tier-1 (A++ Rejection-Fade) SHORT @ 6718–6725
Trigger: quick sweep above 6718–25 → 15m body back inside 6710 → 5m LH + re-close → 1m failure retest.
Entry: 6714–6718 on the re-close.
SL: above sweep high +0.5 pt.
TP1: 6705–6707; TP2: 6693–6695; stretch 6685–6680 only if momentum continues.
Management: same as above.
SPY options overlay (execution notes)
Given quarterly expiration and heavy 0DTE participation, prefer same-day SPY (AM window) with Δ≈0.60–0.70 on entries; consider 1-DTE for PM window to temper decay. (0DTE share data from Cboe.)
ES (SPX) Futures Analyses - Key Zones, Setups (Thur, Sep 17)Same map as last night.
Bias & structure
Price is pressing the box top 6,678–6,683 (1h AS.H 6,683.25) with a dense extension liquidity pocket above (D: 1.272 ≈ 6,763, 1.618 ≈ 6,856, 2.0 ≈ 6,959). We trade edge-only: fade a rejection at the top, or buy a sweep-and-reclaim at the control level.
Kill-zones (ET): London 02:00–05:00 (½–¾ size); NY AM 09:30–11:00; NY PM 13:30–16:00.
London (2 setups)
SHORT — Rejection Fade @ 6,678–6,683
15m tag → 15m close back ≤ 6,675 → 5m LH/re-close 6,672–6,674 → 1m LH entry 6,679–6,682.
Hard SL: above 15m rejection high +0.25–0.50.
TPs: 6,666–6,668 → 6,653–6,658 → 6,638–6,643.
Cancel if two 15m body-closes ≥ 6,685. Gate: TP1 ≥ 2.0R.
LONG — Sweep & Reclaim @ 6,653–6,658 (bias pivot)
Wick below LIS → 15m close back ≥ 6,658 → 5m re-close up 6,664–6,666 + HL → 1m HL entry 6,659–6,662.
Hard SL: below sweep low −0.25–0.50.
TPs: 6,678–6,683 → 6,703 → 6,720–6,724 (runner eyes 6,744–6,750).
U.S. (NY) (2 setups)
LONG — Acceptance Continuation > 6,683
Two 5m closes ≥ 6,685 (or one decisive 15m) → PB hold 6,679–6,683 flips to support → enter on 1m HL.
SL: under acceptance pivot −0.50–1.00.
TPs: 6,703 → 6,720–6,724 → 6,744–6,750 (→ 6,760–6,765).
Fail back below 6,679 on 5m = stand down.
SHORT — Breakdown & Failed Reclaim < 6,653
15m body close < 6,653 → retest fails (6,653–6,658 caps) → sell 6,651–6,654 on the fail.
SL: above fail-wick +0.50–1.00.
TPs: 6,638–6,643 → 6,624.75–6,627.25 → 6,611.5–6,618.
Back above 6,658 on 5m = invalidate.
Management (all plays)
First-touch priority; TP1 ≥ 2.0R gate using the 15m-anchored hard SL; no partials before TP1; at TP1 close 70% and set runner to BE; time-stop 45–60m if neither TP1 nor SL hits; max 2 attempts per level per session.
Fundamentals to respect (London → U.S. a.m.)
Bank of England MPC decision & minutes — Thu 12:00 BST (07:00 ET). High-impact for indices/GBP; often injects vol into London PM/NY open.
UK ONS releases — Thu 09:30 BST (04:30 ET) (e.g., housing affordability & Business Insights this week). Moderate.
U.S. Weekly Jobless Claims — Thu 08:30 ET (every Thursday; schedule page).
• Philly Fed Manufacturing Survey — Thu 08:30 ET.
• EIA Natural Gas Storage — Thu 10:30 ET.
Day 32 — Trading Only S&P Futures | +$2,171 FOMC ReversalDay 32 of Trading Only S&P Futures is in the books!
The day started rough — I went long off an X7 buy signal at the 1-min MOB, got greedy, and ended up down -180 early. Instead of forcing it, I stepped away. By the afternoon, I was mapping out key levels ahead of FOMC.
That prep paid off. My orders for the “pop and drop” scenarios lined up perfectly with the signals. I made back my losses and finished +$2,171. Discipline + structure = consistency.
📰 News Highlights
Fed projections show 9 of 19 officials see two more cuts in 2025
🔑 Key Levels for Tomorrow
Above 6670 = Flip Bullish
Below 6640 = Flip Bearish