E-mini S&P 500 Futures (Dec 2017)E-mini S&P 500 Futures (Dec 2017)E-mini S&P 500 Futures (Dec 2017)

E-mini S&P 500 Futures (Dec 2017)

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E-mini S&P 500 Futures (Dec 2017) forum


MES1! SP500 Hoping we get our buy orders filled today, might just wick into the entry. Get ready to strike, load up & chill.. We get paid to wait
Snapshot

ES1! GC1 Composite chart of ES vs GC shows bearish liquidity (candles are red as measured by LS).

Bearish liquidity in a composite chart means the bottom symbol is set to out-perform. Here that is gold.

The last episode of composite bearish liquidity lasted 123 days (green lines).

Current bearish conditions have lasted 56 days.

As seen on the daily chart.
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ES1! 1-hour chart shows bearish liquidity as we move into the night.

(Red candles = bearish liquidity).
Snapshot

ES1! Lower volatility seems to unnerve me.

ES1! The market is currently at a decision zone between 6,788 and 6,800. Our primary strategy is to look for a Pop-and-Go Long position if the price moves above 6,800 and holds. As a backup, we should be ready for a Pop-and-Fail Short if we see a rejection at that level.

At present, the market is trading around 6,790, which is within the key range we’ve identified.

For support levels, the first significant area is between 6,778 and 6,772. Below that, there’s another critical zone from 6,771.5 to 6,760.5 that we consider our value edge. Additional support can be found in the range of 6,758.75 to 6,754, which serves as an obvious stop pocket.

This creates a classic cash-open scenario where we could either see a breakout above 6,800 or a failure to maintain that level, leading to a rotation back into the established comfort zone from this morning.
Snapshot



MESZ2025 🟢 Trade Bias: Long
🎯 Entry: 6740 – 6755
❌ Stop Loss: 6710
✅ Take Profit 1: 6780
✅ Take Profit 2: 6820
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🔴 Trade Bias: Short
🎯 Entry: 6780 – 6800
❌ Stop Loss: 6825
✅ Take Profit 1: 6750
✅ Take Profit 2: 6710 ES1! MES1!