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MES1!

MESM May 15: Pullback from highs, 7412 decides the next moveMESM analysis for Friday, May 15 MESM is pulling back from the recent all-time high around 7540 and is now trading around 7445. Price has already started reacting inside the fair value gap we were watching, so because of that I do not want to be too aggressive on the bull side today. On the 4H chart, the key support level for me is 7412. If bulls still want to stay in control, then I do not want to see a 4H candle close below 7412. If that level fails, then I think price could continue lower toward 7361. On the 1H chart, the structure stays aligned with the 4H view, and 7412 remains the key level. If price starts closing below it on the 1-hour, then I think the downside toward 7361 becomes more likely. On the 15M chart, the structure still supports the same idea. 7412 is the main intraday level I’m watching, while the fair value gap zone remains the active reaction area. Key levels 7540 = all-time high / upside liquidity 7412 = must-hold support 7361 = downside target Green zone = fair value gap / reaction area So for today, my plan is: Stay cautious while price is pulling back from the highs Watch 7412 as the key support level If 7412 fails, watch for continuation lower into 7361 If support holds, bulls still have a chance to stabilize the market Not financial advice. No confirmation, no trade. CME_MINI:MESM2026
CME_MINI:MESM2026
by Zhuge1iang
MESM May 13: Double top formed, 7364 below if support failsMESM analysis for Wednesday, May 13 MESM formed a double top overnight near the previous high around 7454, so I want to stay careful here. On the 4H chart, the key support level for me is 7420. If I want to stay bullish today, then I do not want to see a 4H candle close below 7420. If that level fails, then I think price could continue lower toward 7364, which is yesterday’s low. On the 1H chart, there is a cluster zone / order block inside the green highlighted area. That is the first reaction zone I’m watching. If price starts closing below 7400 on the 1-hour, then I think the chances increase for continuation lower toward 7364. On the 15M chart, the structure stays aligned with the 1H view, so I’m watching the green zone closely because price may show the next setup from inside that area. Key levels 7454 = previous high / double top 7420 = key 4H support 7400 = key 1H support 7364 = downside target Green zone = 1H order block / reaction area So for today, my plan is: Watch the green zone for the first reaction Stay constructive only while price holds 7420 If price loses 7420 or 7400, watch for continuation lower into 7364 Not financial advice. No confirmation, no trade. CME_MINI:MESM2026
CME_MINI:MESM2026Short
by Zhuge1iang
MESM May 6: Bullish bias with pullback into FVG zoneMESM analysis for Wednesday, May 6 MESM made a fresh overnight high around 7367, so for today my bias is still on the buy side. But even with that bullish structure, I’m still expecting the possibility of a pullback first. On the 4H chart, the key level for me is 7293. If bulls want to stay in control, then I do not want to see a 4H candle close below 7293. I’m also still keeping 7200 marked as important downside liquidity, while 7079 remains the bigger weekly level I’m watching in the background. On the 1H chart, there is a fair value gap inside the green highlighted zone. On the 15M chart, that same fair value gap is aligning well with the higher-time-frame structure, which makes this a very important reaction area. Because of that, I think there is a strong chance price may revisit the green FVG zone after the open before deciding whether to continue higher. Key levels 7367 = fresh overnight high 7293 = must-hold support for bulls Green zone = 1H + 15M fair value gap reaction zone 7200 = downside liquidity 7079 = bigger weekly level So for today, my plan is: Stay bullish while price holds above 7293 Watch for a pullback into the green FVG zone If buyers react well there, then look for continuation higher Not financial advice. No confirmation, no trade. CME_MINI:MESM2026
CME_MINI:MESM2026Long
by Zhuge1iang
MESM May 4: Hold 7241, break 7275 for 7300MESM analysis for Monday, May 4 MESM is trading around 7250 after a fresh overnight sell-off. For me, the bigger weekly level is still 7079, because that lines up with the start of the weekly fair value gap and remains an important downside reference for this week. On the 4H chart, the main upside liquidity I’m watching is 7300. On the 1H chart, the key level for me is 7241. If bulls still want to stay in control, then I do not want to see a 1H candle close below 7241. If that level breaks, then I’ll be watching for downside continuation toward 7131. On the 15M chart, price is still moving inside a range. The key upside trigger is 7275. If price can close above that level on the 15-minute, then I think it can continue higher into 7300. Key levels 7300 = overnight liquidity / upside target 7275 = bullish trigger on 15M 7241 = key 1H support 7131 = downside target 7079 = weekly fair value gap reference So for today, my plan is: Hold 7241 and watch for strength Break 7275 and watch for continuation into 7300 Lose 7241 and watch for downside into 7131 Keep 7079 in mind as the bigger weekly level Not financial advice. No confirmation, no trade. CME_MINI:MESM2026
CME_MINI:MESM2026
by Zhuge1iang
MESM Apr 30: 7210 breakout, 7131 breakdownMESM analysis for Thursday, April 30 MESM is trading around 7200 after a very choppy overnight session with both strong green and red candles. For now, the market still looks range-bound, so I do not want to force anything while price is stuck inside the middle of the structure. On the 4H chart, the key upside level for me is 7210. If the current candle can close above that level, then I’ll be watching for continuation higher toward 7223. On the downside, the key trigger is 7131, which is yesterday’s low. If price closes below that level on the 4H, then I’ll be watching for continuation lower toward 7079. I’m also still keeping 7076 in mind as the broader weekly fair value gap reference. On the 1H and 15M charts, the structure is basically the same: price is chopping between 7200 and 7131. So unless one side breaks with confirmation, I’d rather stay patient. Key levels 7210 = 4H breakout level 7223 = upside target 7131 = downside trigger 7079 = downside target 7076 = weekly fair value gap reference So for today, my plan is: Above 7210 = watch for continuation into 7223 Below 7131 = watch for continuation into 7079 Inside the range = stay patient and wait for confirmation Not financial advice. No confirmation, no trade. CME_MINI:MESM2026
CME_MINI:MESM2026
by Zhuge1iang
S&P 500 Technical Analysis and Trade IdeaUS500 SPX 🌍 The macro narrative heading into this week is dominated by a high-stakes standoff between sticky inflationary data and a geopolitical landscape that remains on a knife-edge due to renewed conflict in the Middle East 🏦. Interestingly, general online sentiment is heavily leaning one-sided toward the long side at over 70%, suggesting a potential liquidity hunt or a sharp "pain trade" before any real upward continuation can materialize. This "crowded trade" dynamic often serves as the unseen engine for a liquidating break, especially when retail participants are systematically buying every dip in anticipation of FOMC relief that the bond markets have yet to confirm. We are seeing a Bearish Market Structure on the daily time frame as the index has slipped below its 20/50/100-day SMAs 📉. Community chatter is still desperately calling for a V-shaped recovery near the 6,600 psychological level, which tells me retail is likely being trapped into "buying the hole" while institutional supply overhangs the market. Key Zone: Confluence is sitting heavily at the 6,700–6,750 region where the Volume Profile shows a prominent High-Volume Node (HVN) overlapping with a previously broken daily trend line 📉. This represents the "fairest price" where business was recently conducted, and until we find acceptance back above this value area, the auction remains unfinished to the downside. My Trade Plan 🎯 Bias: Neutral-Short. I am looking for a "look above and fail" at the Friday afternoon rally high or the VWAP. If price probes above 6,715 but fails to hold, I will target the 6,590 support zone using a structural stop above the base of the most recent price spike.
PEPPERSTONE:US500
by fxtraderanthony
Day 103 — +$1,286 Profit: Preparing for a Wild WeekEnded the day +$1,286 trading S&P 500 Futures. Apologies for the lack of posts recently—I've been incredibly busy, but I'm making an effort to get these journals out, even if I have to shift to a weekly format. The market has been playing out exactly according to our weekly analysis, which is huge validation for the strategy. We are seeing range expansion everywhere, which tells me this coming week is going to be wild. Big ranges mean big opportunities if you stick to the major levels. Day 103— Trading Only S&P 500 Futures Daily P/L: +1286 Sleep: 5 hours Well-Being: Good 🔔News Highlights: *STOCK FUTURES RISE IN SUNDAY NIGHT TRADE, VIX FALLS AS INVESTORS BRACE FOR BUSY WEEK 📈Key Levels for Tomorrow: Above 6890 Bullish Level Below 6870 = Bearish Level
CME_MINI:ES1!Long
by DiYWALLST
S&P Futures Trading Day 102 — +$740 Profit: Bearish Signals CallEnded the day +$740.27 trading S&P 500 Futures. Today felt surprisingly easy thanks to multiple bearish signals this morning that gave me the heads-up on the pullback. That said, I didn’t expect the drop to be that hard—the market is starting to behave a bit irrationally these days. I managed to maintain a 100% success rate on my trades, sniping 5 points at the 6900 support and running from the screens before the volatility could take anything back. Day 102— Trading Only S&P 500 Futures Daily P/L: +740.27 Sleep: 5 hours Well-Being: Good 🔔News Highlights: STOCKS END LOWER, VIX JUMPS AS TECH SHARES TUMBLE 📈Key Levels for Tomorrow: Above 6982= Bullish Level Below 6980 = Bearish Level 📊Reviewing signals for today (9:30am – 2pm EST): 9:30 AM Market flipped bearish on VX Algo X3! :check~2: VXAlgo ES X7 Sell signal :check~2: S&P 500 Overbought Warning Signal :check~2: 9:50 AM VXAlgo ES X1 Oversold signal :check~2: 10:32 AM VXAlgo ES X1 Oversold signal :check~2: 10:49 AM VXAlgo ES X1 Oversold signal :check~2: 12:50 PM VXAlgo ES X1 Oversold signal :check~2: 1:08 PM XAlgo NQ X3 Buy Signal 1:10 PM VXAlgo ES X1 Oversold signal 1:40 PM VXAlgo ES X1 Oversold signal
CME_MINI:ES1!
by DiYWALLST
Day 101 — Blowing 5 Accounts: The "Storm" That Never CameEnded the day -$1,264.56 per account... a grim start to February. After an 8-day win streak last month, I had this nagging feeling that a "storm" was coming to hit my accounts, and today that self-fulfilling prophecy came true. I took what I thought was a high-probability trade at the 97 MOB, but the market didn't care—it broke right through and kept running. Between Friday and today, I’ve lost about 5 accounts. While the payouts year-to-date are still solid, the real cost here is the time lost building those accounts. Now, the grind to regrow the farm begins. Day 101— Trading Only S&P 500 Futures Daily P/L: -$1264.56 Sleep: 5 hours Well-Being: Good 🔔News Highlights: *DOW NOTCHES BEST DAY IN NEARLY TWO WEEKS AS FEBRUARY BEGINS ON A STRONG NOTE 📈Key Levels for Tomorrow: Above 6985= Bullish Level Below 6980 = Bearish Level
CME_MINI:ES1!Long
by DiYWALLST
S&P Futures Trading Day 99 — Trading the 6990 Breakdown to 97MOBEnded the day +$512 trading S&P Futures. Today was a very "easy" day where the market moved exactly as anticipated, but it ended with a bittersweet realization. I caught the bearish flip as we lost the 6990 level and was ready to ride the drop down to the 97-minute MOB area. However, I completely forgot I had a hard daily profit limit set on my account. Just as the trade was working, I got kicked out at +$500, missing out on what could have easily been a $750–$1,000 day. It stings to leave money on the table, but the analysis was spot on. Day 99— Trading Only S&P Futures Daily P/L: +$512 Sleep: 8 hours Well-Being: Good 🔔News Highlights: *S&P 500 AND NASDAQ CLOSE LOWER, VIX RISES AS SOFTWARE STOCKS SELL OFF AFTER MICROSOFT EARNINGS 📈Key Levels for Tomorrow: Above 6992= Bullish Level Below 6990 = Bearish Level
CME_MINI:ES1!Short
by DiYWALLST
S&P Futures Trading Day 98 — Dodging the Tradovate Outage & TradEnded the day +$439.30 trading S&P Futures. I can't stress enough how much difference a full 8 hours of sleep makes; I saw the market incredibly clearly today. I started early and locked in about $300 during the pre-market session, then wisely sat on the sidelines when Tradovate started having server outages. I didn't let the tech issues tilt me—instead, I waited it out and came back for Power Hour (2–3 PM), netting another $150 to close the day strong. Day 98— Trading Only S&P Futures Daily P/L: +$439.30 Sleep: 8 hours Well-Being: Good 🔔News Highlights: *STOCKS CLOSE LITTLE CHANGED, VIX RISES AFTER FED RATE DECISION 📈Key Levels for Tomorrow: Above 6992= Bullish Level Below 6990 = Bearish Level 📊Reviewing signals for today (9:30am – 2pm EST): — 9:35 AM ES1! Phase Change: Bullish :check~2: — 9:35 AM MES Market Structure flipped bullish on VX Algo X3! — 10:15 AM ES1! Phase Change: Bearish :check~2: — 10:20 AM VXAlgo NQ X1DP Sell Signal :check~2: — 10:30 AM MES Market Structure flipped bearish on VX Algo X3! :check~2: — 1:00 PM VXAlgo ES X3DP Sell Signal :check~2: — 1:40 PM VXAlgo NQ X1DP Sell Signal :check~2: — 2:00 PM S&P 500 Market Structure flipped bearish on VX Algo X7 timeframe :check~2:
CME_MINI:ES1!
by DiYWALLST
Day 97 — Grinding Back Profit in Short Squeeze ModeEnded the day +$204.85 trading S&P Futures. Operating on just 3 hours of sleep, the morning started rough with some losses due to a false signal as the market entered short squeeze mode. It was a grind, but I managed to claw my way back to profitability by the close. The MES market feels incredibly difficult right now—signals are mixed, and the relentless squeezing makes me hesitant that a sudden unload is coming. My plan moving forward is to size down to reduce risk while leaving just enough room to catch the downside if the rug finally gets pulled. Day 97— Trading Only S&P Futures Daily P/L: +$204.85 Sleep: 3 hours Well-Being: Good 🔔News Highlights: *S&P 500 ENDS AT A NEW RECORD HIGH AS TECH SHARES RALLY AHEAD OF MEGACAP EARNINGS, FED MEETING 📈Key Levels for Tomorrow: Above 6955= Bullish Level Below 6950 = Bearish Level 📊Reviewing signals for today (9:30am – 2pm EST): 9:40 AM VXAlgo NQ X1DP Sell Signal, 9:50 AM ES1! Phase Change: Neutral :check~2: 9:50 AM MES Market Structure flipped bullish on VX Algo X3! :check~2: 10:00 AM Market flipped bullish on VX Algo X3! :check~2: 10:30 AM VXAlgo ES X1 Overbought/toppy Signal 11:30 AM VXAlgo ES X1 Overbought/toppy Signal :check~2: 11:50 AM VXAlgo ES X1 Overbought/toppy Signal :check~2: 12:20 PM ES1! Phase Change: Bearish :check~2: 12:30 PM VXAlgo NQ X1DP Buy Signal :check~2: 12:54 PM MES Market Structure flipped bearish on VX Algo X3! 1:16 PM VXAlgo ES X1 Oversold signal 1:30 PM Market flipped bearish on VX Algo X3!
CME_MINI:ES1!
by DiYWALLST
2
Day 96 — Surviving the Bull Trend: "The Old Me" Would Have LostDay 96— Trading Only S&P Futures Daily P/L: +$85.00 Sleep: 6 hours Well-Being: Good 🔔News Highlights: Gold has overtaken the U.S. Dollar as the largest Global Reserve Asset. 📈Key Levels for Tomorrow: Above 6955= Bullish Level Below 6950 = Bearish Level Ended the day +$85.00 trading S&P Futures. I started the session in the red after an overnight short at the 1-minute MOB didn't work out. The market was looking extremely bullish, and honestly, I struggled to find a clean setup this morning. Instead of forcing it, I decided to trust Bia's analysis to short the 6986 area. It worked, and I even added a second short assuming we hit the top of the daily range. I’m just glad I survived and ended green lol, the "old me" would have fought this trend all day and turned a difficult session into a disaster. 📊Reviewing signals for today (9:30am – 2pm EST): — 9:10 AM VXAlgo NQ X1DP Buy Signal :check~2: — 10:00 AM S&P 500 Market Structure flipped bullish on VX Algo X7 time frame :check~2: — 12:05 PM ES1! Phase Change: Bullish :check~2: — 12:20 PM VXAlgo NQ X1DP Buy Signal :check~2: — 1:35 PM ES1! Phase Change: Bullish
CME_MINI:ES1!Long
by DiYWALLST
S&P Futures Trading Day 95 — The 6925 Support Trap & RecoveryEnded the day +$488.00 trading S&P Futures. I started the session on the back foot, forcing a bearish bias that got completely punished when the 6925 level held perfectly. In hindsight, the chart was telling me to stay bullish until that level broke, but I let my bias cloud my judgment early on. Luckily, I was able to reset, trust the algo signals, and scalp my way back from the red to profitability by the end of the day. A solid recovery after a messy start. Day 95— Trading Only S&P Futures Daily P/L: +$488.00 Sleep: 6 hours Well-Being: Good 🔔News Highlights: *DOW, S&P 500 POST SECOND STRAIGHT LOSING WEEK IN WILD TRADING, VIX JUMPS 📈Key Levels for Tomorrow: Above 6925= Bullish Level Below 6920 = Bearish Level 📊Reviewing signals for today (9:30am – 2pm EST): 9:00 AM NQ Market flipped bearish on VX Algo X3! 9:36 AM MES Market Structure flipped bullish on VX Algo X3! :check~2: 10:00 AM ES1! Phase Change: Bullish :check~2: 10:00 AM NQ Market flipped bullish on VX Algo X3! :check~2: 11:27 AM VXAlgo ES X1 Overbought/toppy Signal, :check~2: 12:30 PM VXAlgo NQ X1DP Buy Signal :check~2: 12:45 PM ES1! Phase Change: Bearish :check~2: 12:56 PM VXAlgo ES X3 Sell Signal 1:30 PM Market flipped bearish on VX Algo X3! :check~2:
CME_MINI:ES1!
by DiYWALLST
1
Day 94 — Making Money While I Sleep (Overnight Analysis)Ended the day +$143 trading S&P Futures. I started the session in the green thanks to some setups I placed during my nightly analysis. Waking up with profit already locked in gave me the freedom to stay on the sidelines, which was the right call given my worry about a "whippy" session. While the overall range wasn't huge, we saw some violent up and down moves designed to shake players out. With the uncertainty of moving ships toward Iran looming, sitting on my hands and preserving the overnight gains was the best strategy today. Day 94— Trading Only S&P Futures Daily P/L: +$143 Sleep: 6 hours Well-Being: Good 🔔News Highlights: *DOW JUMPS 300 POINTS, VIX TUMBLES AS STOCKS END HIGHER AMID RECEDING GREENLAND TURMOIL 📈Key Levels for Tomorrow: Above 6925= Bullish Level Below 6920 = Bearish Level Reviewing signals for today (9:30am – 2pm EST): — 9:43 AM MES Market Structure flipped bearish on VX Algo X3! — 10:00 AM Market flipped bearish on VX Algo X3! — 10:21 AM VXAlgo ES X7 Sell signal — 10:50 AM ES1! Phase Change: Neutral — 11:27 AM MES Market Structure flipped bullish on VX Algo X3! — 12:00 PM Market flipped bullish on VX Algo X3! — 12:00 PM VXAlgo ES X1 Overbought/toppy Signal, — 12:00 PM VXAlgo NQ X1DP Sell Signal — 2:00 PM ES1! Phase Change: Bearish
CME_MINI:ES1!
by DiYWALLST
1
S&P Futures Trading Day 93 — +$680 Profit: Expanding Ranges & SiEnded the day +$680.00 trading S&P Futures. I stepped into the market with a strong bullish mindset today, backed by a cluster of early buy signals—including a massive X7 alert on NVDA. The market delivered a huge squeeze, expanding the daily range to over 130 points. While we eventually hit that max range and pulled back, this level of expansion is a warning sign. When volatility gets this wide, the risks increase, so my plan for tomorrow is to size down and proceed with caution. Day 93— Trading Only S&P Futures Daily P/L: +$680.00 Sleep: 6 hours Well-Being: Good 🔔News Highlights: *DOW JUMPS 600 POINTS ON GREENLAND FRAMEWORK DEAL 📈Key Levels for Tomorrow: Above 6891= Bullish Level Below 6890 = Bearish Level
CME_MINI:ES1!
by DiYWALLST
1
Day 92 — Hit & Run: Scalping the 1-Min MOBDay 92— Trading Only S&P Futures Daily P/L: +108.75 Sleep: 8 hours Well-Being: Good 🔔News Highlights: *DOW TUMBLES 870 POINTS, S&P 500 DROPS 2% ON TRUMP TARIFF THREAT OVER GREENLAND 📈Key Levels for Tomorrow: Above 6900= Bullish Level Below 6890 = Bearish Level 💭Today’s Trade thoughts: I slept pretty good today because i know thatt is needed to start the week well. I stayed patient this morning just watching on the sideline because Today is actually the first major volume day of the week, so i suspect we were going to see unexpected moves. By 10am, I saw that 1 min MOB was very reactive today so i decided to make 3-4 plays on it and made my $100 and ran away from the market. I was also at the max i could make for monday + tuesday due to my profits yesterday so I didn't want to go for more. There was another high probability play around 6825 zone but I fumble the math and thought it was 6815 and 6800. 📊Reviewing signals for today (9:30am – 2pm EST): 9:10 AM VXAlgo NQ X1DP Buy Signal 9:30 AM MES Market Structure flipped bullish on VX Algo X3! 9:45 AM ES1! Phase Change: Bullish 10:00 AM NQ Market flipped bullish on VX Algo X3! 10:30 AM ES1! Phase Change: Bullish 12:20 PM ES1! Phase Change: Bearish 12:37 PM MES Market Structure flipped bearish on VX Algo X3! 1:00 PM NQ Market flipped bearish on VX Algo X3! 2:00 PM VXAlgo ES X1 Oversold signal
CME_MINI:ES1!Short
by DiYWALLST
2
S&P Futures Trading Day 91 — Why Low Volume Saved This Support LEnded the day +$642.50 trading S&P Futures. I've been eyeing the 6893 level for days as a major zone to watch—it’s our critical 97-minute MOB. When we opened -60 points last night, I realized the probability of dropping into that zone was high, so I set a cluster of orders between 6896 and 6890 to catch the move. My thesis was simple: with it being a holiday, the low volume meant we likely wouldn't have the momentum to break such a key support, setting up a hard bounce. The plan executed perfectly. Day 91— Trading Only S&P Futures Daily P/L: +642.50 Sleep: 6 hours Well-Being: Good 🔔News Highlights: U.S.-EU Tariff War 📈Key Levels for Tomorrow: Above 6935= Bullish Level Below 6935 = Bearish Level
CME_MINI:ES1!Long
by DiYWALLST
Day 90 — Wiping Out 2 Days of ProfitsDay 90— Trading Only S&P Futures Daily P/L: -495 Sleep: 4 hours Well-Being: Good 🔔News Highlights: *DOW, S&P 500 END HIGHER IN VOLATILE TRADING, VIX FALLS AS CHIP, BANK STOCKS RALLY 📈Key Levels for Tomorrow: Above 6984= Bullish Level Below 6974= Bearish Level 💭Today’s Trade thoughts: Started the day down $200+ due to overnight orders hitting stoploss, so it was a grinding back day from there. However, I was pretty tilted from that loss and due to lack of sleep as well. things got worse, I ended up placing a pretty big order at 5 min MOB as well and it hit end of the day but stopped me out before recovering. ended up taking a big loss from that at the close of the day and wiping out 2 days of good progress. 📊Reviewing signals for today (9:30am – 2pm EST): Yesterday at 4:45 PMVXAlgo ES X7 Buy signal 9:00 AM VXAlgo NQ X3DP Buy Signal, :check~2: 9:30 AM VXAlgo ES X1 Overbought/toppy Signal, :check~2: 10:30 AM VXAlgo NQ X1DP Buy Signal :check~2: 10:50 AM ES1! Phase Change: Bearish 10:57 AM VXAlgo ES X3 Sell Signal 11:00 AM Market flipped bearish on VX Algo X3! 12:00 PM Market flipped bullish on VX Algo X3! 12:14 PM VXAlgo ES X1 Overbought/toppy Signal :check~2: 12:25 PM VXAlgo ES X3 Sell Signal :check~2: 1:00 PM ES1! Phase Change: Bearish :check~2: 1:30 PM Market flipped bearish on VX Algo X3! :check~2:
CME_MINI:ES1!
by DiYWALLST
3
MES - Descending Channel + Liquidity Sweep at 6,940 | Reversal? What's up traders! 👋 Interesting setup developing on MES1! right now. We've got a descending channel in play, but something caught my eye - a liquidity sweep just happened around 6,940. Let's break it down. What I'm Seeing MES1! is trading at 6,966 inside a descending channel on the 45-minute timeframe. Price has been making lower highs and lower lows - textbook bearish structure. BUT we just saw a liquidity sweep around 6,940 where sellers couldn't close their positions. This is where it gets interesting. When liquidity gets swept and price bounces, it often signals smart money stepping in. The question is: reversal into the FVG zone, or continuation down to the lows? The Liquidity Sweep Setup Price swept below 6,940 - grabbed liquidity from weak longs Sellers couldn't close at those prices - trapped shorts Bounce happening now - buyers potentially stepping in FVG zone at 6,965-6,985 is the first target if reversal confirms If FVG fails to hold, continuation to 6,925 and 6,912.25 lows Market Context The broader picture: S&P 500 fell 0.53% to 6,926.60 today - risk-off sentiment JPMorgan dropped 4% despite beating earnings (credit card cap fears) Financials dragging the market lower Core CPI came in cooler (0.2% vs 0.3%) - but market still selling Trump vs Powell drama continues - uncertainty elevated Forward curve still pricing 7,100+ by end of 2026 - long-term bullish Key Levels to Watch Resistance: 6,965-6,985 - FVG zone (first target if reversal) 7,002 - Day's high 7,036 - 52-WEEK HIGH / Major resistance Support: 6,940 - Liquidity sweep zone 6,925 - Horizontal support 6,912.25 - LOWEST LOW (channel bottom) Two Scenarios Bullish reversal: The liquidity sweep at 6,940 trapped shorts and smart money is stepping in. Price bounces into the FVG zone (6,965-6,985), reclaims it, and pushes toward 7,000+. This would be a classic sweep → reversal pattern. Bearish continuation: The descending channel continues to dominate. Price retests the FVG zone but gets rejected, then breaks below 6,940 and targets 6,925, eventually hitting 6,912.25 (the lowest low). High impact news or Fed drama could accelerate this. My Take I'm NEUTRAL here but watching closely for the reversal. The liquidity sweep at 6,940 is significant - that's where trapped sellers create buying pressure. If we can reclaim the FVG zone and hold above 6,965, the reversal thesis gains strength. However, the descending channel is still intact. Until we break above the upper trendline, the trend is technically bearish. Don't fight the trend unless you see clear reversal confirmation. Watch the FVG zone reaction. That's your tell. Drop your thoughts below - reversal or continuation? 👇
CME_MINI:MES1!
by officialjackofalltrades