In my previous post, I predicted that a major bottom would occur soon within the 4200-4300 range. August's low came in at 4335, and we experienced a decent rally in the latter half of August. Now, I know everyone's burning question is this: Has the low been reached? Are we heading for a lower low in the next couple of weeks, or are we headed for a new high? In...
ES is only 30 points away from it's breakout point in June around the 4337 level. For nine months, ES failed to break this level, and when it finally did it never retested it. Now, we are close. Will this be a buying opportunity or will ES flush straight through?
I personally will be looking to long this area.
09/17 Weekly Plan. ES Futures December ESZ2023.
Weekly Pivot is 4,508
Targets
4,543
4,562
4,592
Targets
4,478
4,457
4,401
Now trading at 4,499 ESZ
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,499
Weekly pivot at 4,508
Each weekly target.
Side notes:
5 Days Balance in...
09/11 Weekly Plan. ES Futures December ESZ2023.
Weekly Pivot is 4,508
Targets
4,547
4,570
4,592
Targets
4,478
4,457
4,401
Now trading at 4,511 ESZ
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,511
Weekly pivot at 4,508
Each weekly target.
Side notes:
3 Days Balance in...
Hello Traders,
Sp500 reached a major support level.
The previous day candle which was last Friday printed a Doji candle that indicates an indecision in the markets.
We anticipate SP500 to go bullish from this major support level from the week...
if there is a chance that SP500 goes to a higher price then rejects in the week, then we will follow it to see if...
The goal of this chart is to look at where we are in the cycle on on the mid-term chart. Keep in mind these are just lines and NONE of these "lines" are intended to predict price exact action. They simply provide context to where the chart is in space.
SPX is currently in a down trend and saw a decent sell off as 10year rates continued rising after FOMC meeting...
8/14 Weekly Plan. ES Futures September
Weekly Pivot is 4,505
Targets
4,532
4,560
4,592
Targets
4,478
4,456
4,417
Now trading at 4,484
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,484
Weekly pivot at 4,505
Each weekly target.
Side notes:
One time framing down in daily + weekly chart. Weekly...
07/24 Weekly Plan. ES Futures September
Weekly Pivot is 4,560
Targets
4,584
4,609
4,637
Targets
4,540
4,513
4,474
Now trading at 4,573
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,564.25
Weekly pivot at 4,560
Each weekly target.
Side notes:
One time framing up OTFU weekly. End is 4536.25 is...
06/19 Weekly Plan. ES Futures September
Weekly Pivot is 4,445
Targets
4,487
4,510
4,540
Targets
4,415
4,381
4,351
Now trading at 4,447
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,288
Weekly pivot at 4,260
Each weekly target.
Side notes:
One time framing up OTFU in all...
A few weeks ago a there was a setup exactly like this on the Russel. Indices were over extended, price took out prior day high. Price might take a few hours to fall,
There was a divergence on the squeeze, with it now below zero and a trendline break. Looking for a move down to the 38.2 or 50 retracement. If price stalls at this level until US open, price could pullback before going down.
06/04 Weekly Plan. ES Futures June
Weekly Pivot is 4,260
Targets
4,300
4,327
4,346
Targets
4,230
4,194
4,165
Now trading at 4,284
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,288
Weekly pivot at 4,260
Each weekly target.
Side notes:
One time framing up OTFU in all timeframes.
Daily ends at...
In this video I am discussion last week's plan and how it performed. Please pay special attention to the tweets linked to the chart highlighting trade entries and targets accomplished.
These were the targets and pivot.
Weekly Pivot is 4,194
Targets
4,240
4,260
4,300
Targets
4,172
4,137
4,114
05/30 Weekly Plan. ES Futures June
Weekly Pivot is 4,194
Targets
4,240
4,260
4,300
Targets
4,172
4,137
4,114
Now trading at 4,241
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,239.75
Weekly pivot at 4,194
Each weekly target.
Seems like SPX has found the base for another push up to 4400+ zone in wave C of larger B. It may take up to 2 months to complete this structure.
I count recent choppy action as wave 1 taking shape of expanding diagonal, it may still do one more spike up before retracement in 2. 3840 should be a stop-loss here.
![ES1!: Weekly Plan ES_F [September 9-18]](https://s3.tradingview.com/1/1qnAzu4a_mid.png "Weekly Plan ES_F [September 9-18]")
