Sellers profit-taking or new buyers entering the marketThe shadow at the low of the daily price structure for Tuesday in the S&P 500 implies two possibilities sellers may have pushed the market low enough that some people are taking profits a second possibility is the market's gotten cheap enough that new buyers are establishing positions. The price action on Wednesday may give us answers depending on follow through from buyers in the market.
S&P 500 E-mini Futures
No trades
Market insights
ES - November 18th - Daily Trade PlanNovember 18th- Daily Trade Plan - 6:30am
*Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) *
If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also!
My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective.
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Yesterday, we had good reactions at our key levels. Price ultimately went lower into the last hour of trading, and we got a nice, failed breakdown of 6670 that rallied into the close to finish of the day. You can review yesterday's plan and price action by viewing the post in the related publication section.
Today we have a pretty straightforward plan that I will go over below!
Our overnight high was 6707 (Right below our 6713 level from yesterday). Our overnight low was 6635 which we put in a nice, failed breakdown of 6643. This pattern of price losing a low, then quickly reclaiming that low is a pattern we will continue to see in a volatile and downward trending market. Price is building a really nice base between 6667 and 6684. I anticipate this will continue higher and retest the overnight high of 6707. Any reclaim of 6684 on a back test should give us a good entry or a flush of 6663 and reclaim would take us higher, also. Until price can clear 6715, price is still in a lower high, lower low trend!
Key Levels Today -
1. Loss of 6663 and reclaim
2. Loss of 6635 and reclaim
3. Reclaim of 6684 with a back test of this level for possible entry.
Below we have 6624 and some past weekly levels of 6607, 6592. These levels will be key and the flush of one of them and reclaim should keep us moving higher. The safer place to enter is to wait for it to clear the level from above, back test that level and then enter.
We have Thanksgiving next week and I would not be surprised if price tests the 6540 level by Friday and we rally end of the week as retail and sentiment becomes more bearish.
I will post an update around 10am EST
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Couple of things about how I color code my levels.
1. Purple shows the weekly Low
2. Red shows the current overnight session High/Low (time of post)
3. Blue shows the previous day's session Low (also other previous day's lows)
4. Yellow Levels are levels that show support and resistance levels of interest.
5. White Levels are previous day's session High/Low
Survived a Market Selloff | +$241 Trading S&P Futures (Day 71)Ended the day +$241 trading S&P Futures, but it didn’t come easy.
The market started off range-bound, and I traded the highs and lows cleanly — up $300 by 1PM.
Then the bottom fell out, and I got caught in a false range break, watching my account swing from +300 to -500.
Thankfully, I bought at BIA’s key support zone during the late-session recovery and clawed my way back.
Today was all about staying composed when everything flips fast.
Two takeaways today:
Walk away when you say you will — extra orders can cost you.
Range days can break suddenly; keep wider stops when volatility increases.
Above 6820 is bullish, below 6782 turns bearish.
We’re seeing signs of momentum fading, so tomorrow might bring continuation or deeper retracement.
ES (SPX, SPY) Analysis, Key Zones, Setups for Tue (Nov 18th)ES experienced a notable decline, concluding the day with a sharp downturn but managed a late-session rebound off a significant demand zone. At this juncture, it appears to be a robust corrective phase within an overarching uptrend, with a reasonable probability of a bounce or a range-bound trading day ahead, barring any unexpected developments from data releases or commentary from Federal Reserve speakers.
Looking ahead to tomorrow, November 18, 2025, the economic calendar is unusually packed for a Tuesday, as various U.S. data are set to be released following delays caused by a government shutdown. Key indicators to watch that could influence ES during the New York session include the import and export price indexes for October at 8:30 AM ET, industrial production and capacity utilization figures also for October at 9:15 AM ET, and the NAHB housing market index for November at 10:00 AM ET.
Additionally, several Federal Reserve officials, including Barr, Waller, Williams, and Kashkari, are scheduled to speak throughout the day. The market is particularly attuned to their insights regarding the likelihood of another rate cut, especially in light of the recently released October FOMC minutes and this week’s jobs report.
Given the abundance of potential market-moving information, I would consider the period from 9:15 to 10:15 AM ET as a critical window for "headline risk" tomorrow.
The recent market decline can largely be attributed to macroeconomic factors:
The S&P 500 cash index ended the day down approximately 0.9%, with the Dow falling around 1.2% and the Nasdaq declining by about 0.8%. This pullback has moved the indices further away from their all-time highs established last month.
The selling pressure was particularly acute among mega-cap technology stocks and the AI sector. Major players such as Nvidia, Apple, Palantir, and AMD faced heavy trading as investors began to question whether the recent surge in tech stocks, driven by AI enthusiasm, had outpaced underlying fundamentals ahead of Nvidia’s earnings release on Wednesday.
Market sentiment was further dampened by a noteworthy prediction from Stifel's chief strategist, who suggested a potential 5% drop in the S&P 500, targeting a level around 6,350 in the coming months. This outlook was based on concerns regarding high valuations and uncertainties surrounding the Fed’s future policy as delayed economic data begins to materialize.
Interestingly, the yield on 10-year Treasuries dipped slightly towards ~4.13% , indicating that today’s selloff was more of a de-risking/profit-taking maneuver specific to equities rather than a reflection of widespread risk aversion typically signaled by bond market movements.
From a technical perspective on the ES futures:
Intraday trading patterns reflected a continuation of last week’s trend of lower highs and lower lows. Prices faltered near the 6,800–6,805 mark during the overnight session before entering a clear downtrend through the morning. The volume accelerated during the late-morning selloff, ultimately reaching a low around the 6,658–6,660 band, which coincides with established daily demand zones.
Following this drop, we observed a pronounced shift in behavior: significant buying volume surged at the lows, leading to a rejected price at that demand zone and a controlled short-covering rally back above 6,690, approaching the 6,700–6,705 range as the day closed. The Nasdaq exhibited a similar trajectory, with a heavy selloff subsequently followed by a recovery.
Structurally, today’s activity reflects:
A strong continuation of downside movement, stemming from last week’s lower-high structure and macro-driven de-risking, culminating in a liquidity flush into a previously identified demand pocket followed by short-covering toward the close.
From a broader perspective, is this the beginning of a genuine downtrend?
On the daily chart, ES remains within a larger uptrend originating from the summer lows. A higher peak above 6,900 was established in late October, with the current pullback representing a decline of approximately 3–4% from that peak. Today's trading reached the 6,650–6,670 support region, which previously served as a vital higher low space, before closing back above it. Daily momentum indicators have rolled over but are beginning to flatten, indicating they are not yet deeply oversold.
In contrast, the shorter-term 4-hour and 1-hour views present a more bearish outlook: a sequence of lower highs has formed, and the retest of prior higher low levels appears to be underway. Short-term moving averages have shifted downward, and 4-hour momentum remains negative, albeit with initial signs of a slight positive divergence compared to new price lows.
In summary:
I interpret this phase as a significant corrective downswing within a larger uptrend rather than the onset of a new bear market. The potential for a more substantial correction exists, particularly if Nvidia’s earnings disappoint or if the run of delayed economic data proves weak. However, the day's trading indicates more of a necessary adjustment rather than the onset of a catastrophic decline, aligning with institutional views that this pullback signifies a "healthy reset" following a robust advance, rather than an indication of a market bubble bursting.
Should ES close below the 6,650 mark on a daily basis and subsequently begin to print lower highs under that level, I would increase my assessment of the risk of a transition into a more enduring downtrend, with targets around the 6,350–6,400 range over the coming weeks, echoing Stifel's projections. For the time being, however, buyers continue to defend this crucial daily support zone.
Key zones to monitor for tomorrow, in the futures market:
I identify the following support zones:
6,658–6,650: This region marks today’s New York PM low and aligns with the prior day’s low. It serves as the first critical intraday support level. As long as ES maintains closes above this area on 1-hour and 4-hour charts, I consider the movement to be a corrective phase rather than a broader downtrend.
ES UpdateI guess I was right Friday afternoon, it is a repeat of teh circled area. Expecting everything to hit oversold tomorrow.
Gap direction will depend on FDAX which is oversold and at support. If it breaks support, indicators may not work because Europe will go into a free fall.
NVDA earnings Wed AH, jobs report THU premarket, Fed minutes Thu.
ES1 - Correction Coming To An End ?ES1
Quite a bearish day across stocks and crypto with S&P Futures continuing on down from last week to make a slightly lower low.
From there it has bounced again from the 1:1 Golden Window - leaving a bullish wick.
Its very difficult to tell where an index correction ends, but this now ticks all the boxes for ratio and liqudity.
Its nicely balanced and has been ongoing for a while.
I think it moves on up soon or very soon.
If it does then this current area is the dip buy zone as reactive stocks and perhaps even crypto may begin to push up 🧐.
This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
ES week 47 (1hr chart)T.A explained -
BackSide (BS)
FrontSide (FS)
Inverse BS (Inv.BS)
Inverse FS (Inv.FS)
BS & FS levels are expected support when dashed lines, tested when dotted and resistance when solid lines.
The inverse is true for the Inv. BS Inv. FS levels, they are resistance as dashed lines, tested as dotted and support as solid lines.
Monthly timeframe is color pink
weekly grey
daily is red
4hr is orange
1hr is yellow
15min is blue
5min is green if they are shown.
strength favors the higher timeframe.
2x dotted levels are origin levels where trends have or will originate. When trends break, price will target the origin of the trend. its math, when the trend breaks, the vertex breaks too so the higher timeframe level/trend that breaks, the more volatility there could be as strength in the orders flow in to fuel the move.
ES - November 17th - Daily Trade PlanNovember 17th- Daily Trade Plan - 7am
*Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both posts in the related publication section) *
If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also!
My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective.
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On Friday I posted an update note around 12:28pm and wrote a summary of the key levels and their reactions as we squeezed on Friday. I also wrote "Price can still reach 6808 and potentially as high as 6842. Price will need to cool off and needs to hold 6746 as it is the most significant level (Yesterday's Low) we could flush down to 6730 with no lower than 6713 with any pullback, but I would not be interested in any action until it recovered the 6746 level. IF that happens, we will have a shot of clearing 6892 next week and head to ATH's heading into end of month"
6pm open last night we quickly lost 6746 at the open down to 6740, quickly reclaimed 6746 and rallied overnight to 6802 before pulling back around the European open to 6764. This was a classic failed breakdown. WHY? We can see that 6746 was Thursday's low, it was also strong resistance on Friday and now we got more points from this level at the open and has been a strong support since the squeeze on Friday.
Overnight high is 6802 and low is 6741. Any loss of 6746 and reclaim should be good for another try at the overnight high. 6764 loss and reclaim should be another decent level for some points.
Key Levels Today-
1. Loss of 6764 and reclaim
2. Loss of 6741-46 and reclaim
3. Loss of 6731 (maybe down to 6721 area) and reclaim
4. Loss of 6713 and reclaim
5. Loss of 6670 and reclaim (Highest Quality - Friday's Low)
Support Levels - 6764, 6741-46, 6731, 6713, 6703, 6691, 6677, 6670, 6654, 6643
Resistance Levels - 6775, 6785, 6802, 6813, 6831, 6842, 6851,
I will post an update around 10am EST
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Couple of things about how I color code my levels.
1. Purple shows the weekly Low
2. Red shows the current overnight session High/Low (time of post)
3. Blue shows the previous day's session Low (also other previous day's lows)
4. Yellow Levels are levels that show support and resistance levels of interest.
5. White Levels are previous day's session High/Low
ES 6700 Reaction Zone: Volume Cluster & Fair Value Gap SetupES formed a strong support at 6700, created by a sharp rejection, a heavy volume cluster, and a clean fair value gap. Buyers stepped in aggressively at this zone and turned the sell-off into an uptrend. The beginning of the volume cluster and FVG marks the key reaction point. Waiting for a pullback into 6700 gives a solid long opportunity.
ES1 outlookES/NQ Outlook – Bearish Continuation
Bias: Shifted from early Bullish/Neutral to bearish once ES failed to confirm NQ strength. Correlation cracks lined up with the broader sell-off trend.
Macro Sentiment:
Risk sentiment remains shaky — Bitcoin pushing toward 93K,recovering from gov-shutdown and no data releases, and inconsistent tech strength keep pressure on indices. Underlying tone remains defensive.
⸻
Market Structure
• ES failed Friday’s Value High and rotated back below Friday’s POC.
• Now holding under POC, confirming sellers remain in control.
• Last session’s Value Low target still untested → unfinished business below.
⸻
Key Downside Targets
• PDL: 6,778
• Friday VAL: 6,725
• Main unfinished target: 6,666.5 (untouched value level)
⸻
Plan Going Forward
• Bias stays bearish while ES remains below Friday’s value high/poc but seeing interaction with week open.
ES (SPX, SPY) Analysis for Week Ahead (Nov 17th - 21st)Market Analysis: ES1 - Navigating Recent Price Action and Upcoming Economic Catalysts
Current Price Context:
The E-mini S&P 500 (ES1) is currently trading in the range of 6,755 to 6,785, following a sharp pullback from the 6,880 to 6,900 peak and a notable rebound off the 6,650 levels. While both the weekly and daily structures exhibit an overarching uptrend characterized by higher highs and higher lows, we are presently experiencing a mid-pullback phase, with prices resting below a newly established supply zone spanning 6,850 to 6,900. Importantly, we remain above the key demand shelf situated around 6,650 to 6,670.
Big Picture Overview: Weekly and Daily Trends
- Weekly Analysis: Over recent months, ES has ascended from approximately 6,000 to the 6,900 level. The past few weeks have seen a new high printed, followed by a red candle signaling a pullback towards mid-range levels. Despite this corrective move, we maintain a buffer above the preceding weekly low near the 6,500 to 6,550 range, affirming the uptrend. The current price action appears more as a corrective pause rather than a definitive peak.
- Daily Perspective: After reaching a new high just shy of the 6,900 mark, the market retreated into the mid-6,600s before bouncing back. Recent daily candles indicate a phase of consolidation within the 6,730 to 6,780 range, characterized by wicks on both ends and diminishing body sizes, alongside reduced volume compared to earlier volatility. Oscillator indicators are retreating from overbought conditions but appear to be stabilizing, suggesting a digestion phase rather than a full-scale momentum breakdown.
Shorter Timeframe Analysis (4-Hour and 1-Hour):
- On the 4-hour chart, a completed downward impulse from around 6,880 to the low 6,650s has been observed, with the price touching the 1.272 Fibonacci extension at approximately 6,653. Additional Fibonacci levels below include 6,597 (1.618) and 6,536 (2.0). The price action around the 1.272 extension has prompted a robust response, featuring significant green candles and increased volume, establishing a base between 6,700 and 6,800.
- On the 1-hour chart, the market exhibits a minor uptrend (from lower lows to higher highs) that has encountered resistance around 6,780. Currently, price action is consolidating near a pivot level of 6,750, leading to the establishment of a balance range between 6,720 and 6,780 as we head into Monday.
Summary: The broader context remains bullish on higher timeframes, with a corrective phase taking root on the medium timeframe, while the short-term landscape indicates balance. This scenario represents a classic "trend pullback parked on key support," with next week's developments likely steering us either back toward the highs or engendering a deeper test of 6,600 or 6,550, contingent on forthcoming economic data and Fed commentary.
Macro and Event Landscape: A Busy Week Ahead
The recent U.S. government shutdown has resulted in a considerable backlog of economic data releases. Market participants will be closely monitoring delayed payroll data, along with other significant indicators such as industrial production and housing metrics that are being released simultaneously. This aggregation of data is anticipated to introduce intraday volatility, particularly during the 8:30 to 10:00 AM ET windows.
Key Economic Indicators to Watch:
- Core Data Releases: In the week of November 17–21, critical releases include:
- Empire State manufacturing index
- Import and export price indices
- Industrial production and capacity utilization figures for October
- Housing starts and building permits scheduled for mid-week
- Additional delayed labor data later in the week as agencies address the backlog.
- FOMC Minutes and Fed Commentary: The release of the FOMC minutes from the late October meeting will communicate the Fed's confidence in the recent improvements in inflation and its openness to potential rate cuts in December. A lineup of Fed speakers is set to take the stage, likely influencing market sentiment and causing price reactions based on their comments.
- Corporate Earnings: Noteworthy earnings reports from Nvidia and major retailers, including Walmart, are on the calendar. Nvidia's performance will be scrutinized as a barometer for the AI segment, while insights from retail giants will provide a glimpse into consumer health as the holiday season approaches. Strong results coupled with optimistic guidance tend to buoy ES, while any disappointments could weigh on index futures, especially given the concentrated leadership from a handful of major tech stocks.
Market Sentiment and Positioning: Rate-cut expectations for December have decreased to about 40%, leaving investors cautious but not overly alarmed. This environment allows for potential relief rallies if data and Fed sentiments tilt favorably, while a series of negative reports may trigger a notable risk-off sentiment.
Conclusion: The upcoming week is poised to be event-driven, lacking a singular "mega" release like CPI but rather presenting a series of medium-to-large catalysts (Fed minutes, late payrolls, industrial production, housing statistics, Nvidia, and Walmart). Traders should be prepared for choppy conditions and liquidity fluctuations around the release times, with clearer directional moves anticipated between these events.
KEY ZONES – RESISTANCE
Resistance 1: 6,780–6,800
Immediate intraday cap formed by the last 1h high and the 4h supply block from Friday. This is the ceiling that has repeatedly turned price in the last session. A 1h or 4h close above 6,800 would confirm that buyers are back in control and likely aim for 6,850+ fairly quickly.
Resistance 2: 6,840–6,880
This is the core of the recent 4h supply and sits just below the prior daily high. It’s where the last strong sell program launched. If price trades into this pocket on light volume and stalls, that favours a lower-high top and another rotation back toward 6,720–6,700. If the tape pushes through decisively, shorts will be forced to cover.
Resistance 3: 6,900–6,930
Recent swing high / weak high area on daily. It’s the obvious target for any early-week squeeze. If this zone gets cleaned out and holds on the retest, the uptrend resumes and we can start talking about higher fib extensions and a run toward the 7,000 handle. A sharp rejection here, especially around Fed minutes or Nvidia earnings, would fit a double-top pattern and could kick off a deeper pullback leg.
Resistance 4: 7,050–7,200
This band lines up with the daily fib projection cluster (around 7,180–7,325) from the prior leg and the upper edge of the larger weekly supply. It’s not expected to be reached immediately, but if data and earnings line up bullishly, this is the swing target area for longs initiated off the 6,650–6,700 support.
KEY ZONES – SUPPORT
Support 1: 6,720–6,740
This is Friday’s late-day base and Sunday evening pivot zone, sitting right around current price. It lines up with the 1h equilibrium where price has been rotating. As long as ES holds above 6,720 on closing basis, buyers are defending the immediate balance and can make another push toward 6,780–6,800.
Support 2: 6,650–6,670
This is the recent swing low on 4h and sits just above the 1.272 extension (~6,653). It’s the first real higher-timeframe demand pocket of this pullback. A clean tag and strong bounce here would look like a classic trend-pullback low forming. A sustained break under 6,650 would suggest the market isn’t done repricing and opens the door to the deeper fibs.
Support 3: 6,595–6,610
This cluster includes the 1.618 extension (~6,597) and prior breakout structure from earlier in the trend. It’s the “deeper but still healthy” retrace area; if ES flushes into this band on bad data then snaps back, it can still preserve the weekly uptrend. Failing here would start to threaten the bullish structure and invite a test toward the prior weekly low.
Support 4: 6,530–6,560
The 2.0 extension (~6,535) plus the weekly prior low / PML region. This is a major higher-timeframe floor. If ES ever gets here this week, the tape is likely under stress, but it also becomes the zone where large buyers usually test the waters for a bigger swing entry. A weekly close below ~6,530 would be the first real warning that the uptrend is morphing into something more corrective or even distributive.
Support 5 (deeper swing): 6,300–6,350
Older weekly demand and prior quarterly low / PQL area. Not a base case for this week, but important to note as the “catastrophic” downside magnet if something truly breaks (data shock, earnings disaster, geopolitical flare-up).
SETUPS – WEEK AHEAD IDEA PACK
1. Trend-pullback continuation long from support
Location: 6,650–6,670 primary, 6,595–6,610 secondary.
Trigger idea:
Look for an overnight or early-week sweep into 6,650–6,670 that quickly rejects (long lower wick on 1h / 4h, strong reclaim back above 6,680). Ideally, this happens outside the heaviest data windows so it’s more order-flow driven than headline noise.
If that fails and price drives into 6,595–6,610 instead, repeat the same logic there: washout, strong reaction, then a reclaim of 6,620–6,630 as confirmation that buyers stepped in.
Upside path from this setup:
First target is the 6,780–6,800 cap. If that gives way, next magnet is 6,840–6,880, then a possible extension run at the 6,900–6,930 recent high area. Later in the week, if macro tailwinds show up, this move can stretch toward 7,000 and, in an optimistic case, into the 7,100+ fib cluster.
Risk management conceptually:
From a swing perspective, the “line in the sand” for this idea is under 6,595. A clean daily close below that level would invalidate the shallow-pullback idea and suggest we are heading toward 6,530–6,560 or lower.
2. Short-term fade from the 6,840–6,880 / 6,900 pocket
Location: 6,840–6,880 first, 6,900–6,930 as extension.
Trigger idea:
If ES trades up into 6,840–6,880 ahead of Fed minutes or the Nvidia/Walmart prints and shows tired price action (long upper wicks on 15m/1h, loss of intraday momentum, failure to hold above 6,860), that area is attractive for a tactical short aiming back toward the 6,780–6,750 pivot.
A more aggressive fade is possible into 6,900–6,930 if the first test breaches 6,880 but immediately stalls at the prior high.
Downside path from this setup:
First magnet is the 6,780–6,800 band, then the balance base at 6,720–6,740. If that gives way on a macro shock, sellers can push for a retest of 6,650–6,670.
Risk management conceptually:
For shorts initiated at 6,840–6,880, a protective stop makes sense above 6,910–6,920. Fades taken into a full sweep of 6,900–6,930 should respect a hard stop above ~6,950; above that, risk of a proper breakout toward 7,000+ increases sharply.
3. Range-trade scalps inside 6,720–6,780
While ES is stuck inside this intraday box, there is room for mean-reversion trades: buying dips into 6,720–6,730 and selling pushes into 6,770–6,780 with tight intraday stops. This is a lower-quality idea compared to the bigger levels, but it’s relevant if Monday and early Tuesday stay choppy while everyone waits for the meat of the calendar mid-week.
HOW-TO: Analyze Support, Resistance & Short-Term DirectionHOW-TO: Analyze Support, Resistance & Short-Term Direction Using Volume Scope Pro (1H Example)
Introduction
This HOW-TO explains how to use the Volume Scope Pro — Order Flow Volume Analysis indicator to identify support and resistance, interpret order-flow signals such as absorption and distribution, evaluate buyer/seller strength, and determine a short-term market bias on the 1-hour timeframe.
1 — Chart Settings & Data Inputs
• Main timeframe: 1H
• LTF (Low-Timeframe data): 15-second volume blocks
• LTF coverage: ~115 bars
• Instrument: MES1! (CME Micro E-mini S&P 500)
This setup provides a high-resolution view of order flow behind each hourly candle by aggregating ultra-low timeframe volume behavior.
2 — Buy & Sell Volume Behavior
BUY Side:
• Buy Current Amount ≈ 18.539K
• 20-period Buy Average ≈ 54.044K
→ Buyers are significantly below their normal activity level.
→ Interpretation: Buyers are NOT supporting current price levels.
SELL Side:
• Sell Current Amount ≈ 17.073K
• 20-period Sell Average ≈ 50.857K
→ Sellers are also below average, but buyer weakness is far more pronounced.
Summary:
In higher timeframes like 1H, lack of buyer activity is often more important than strong selling. Here, buyers are too weak to create a sustained bottom.
3 — Trend Angle Convergence & Divergence (Trend θ)
BUY:
• Price vs Buy Volume (3 and 20 periods) = Divergent
→ Price attempts to hold or bounce are NOT backed by buyer aggression.
SELL:
• Price vs Sell Volume (3-period) = Convergent
→ Short-term movement is driven by sellers, strengthening the bearish bias.
4 — Delta Analysis
• Current Delta ≈ +1.46K
• Global Delta (100 candles):
– Positive Δ Sum ≈ 273.812K
– Negative Δ Sum ≈ 225.671K
Interpretation:
Although short-term delta is positive and long-term delta slightly favors buyers, the price structure does NOT reflect bullish dominance.
This type of delta behavior often indicates absorption rather than a trend shift — meaning buyers are active but ineffective at moving price.
5 — Support & Resistance Zones (SR Engine)
Volume Scope Pro identifies two main zones:
• Resistance Zone: 6880.75 ~ 6885.25
• Support Zone: 6707.75 ~ 6766.75
Current Position:
Price is holding inside the upper boundary of the Support Zone.
There was a minor bounce, but the reaction lacked strength and failed to break structural highs.
6 — Order-Flow Overlay Signals (OB / Distribution / Absorption)
• Multiple OB and Distribution labels appear near upper structure → clear signs of supply, selling pressure, and exhaustion at highs.
• OS and ABS signals at support did not result in meaningful continuation → weak follow-through from buyers.
Combined with weak buy volume, the market shows bearish intent.
7 — Short-Term Projection
Given:
✓ Weak buy volume compared to averages
✓ Sellers showing short-term dominance
✓ Converging sell-side angles
✓ Price reacting weakly to support
✓ Strong supply clusters above
✓ Delta showing ineffective buying
→ Short-term bearish continuation is the more probable scenario.
As shown on the chart, the Short Position tool highlights:
• Entry around the upper support boundary
• Stop above the minor pullback high
• Target near the lower support boundary
This forms a clear, structured bearish setup with defined R:R.
Disclaimer
This publication is for educational purposes only. Volume Scope Pro does not guarantee profit or certainty of market direction. Traders must perform independent risk management and verification at all times.
ES UpdateI'm not sure if the algos are doing the pump and dump. RSI and MFI haven't been hitting overbought lately. Seems like there are different algos fighting each other.
In any case, this looks like a bounce because it got oversold, much like the other day (circled). Not sure about gap direction Monday, but I'm carrying a few puts in stuff I expect to go down like GM.
I Broke My Own Rule & Paid $515 for It | Day 70 RecapLost $515 today trading S&P Futures, and it was 100% on me.
After promising yesterday that I’d trade small, I accidentally entered ES instead of MES overnight — and that mistake cost me $800 in minutes. The rest of the day was a slow crawl back from that emotional hit.
It’s a painful reminder that discipline > direction. The market wasn’t the problem — my execution was.
Above 6840 stays bullish, below 6815 turns bearish.
We’ll see if this selloff stabilizes or extends into week close.
ES - hourly chart Monthly boxes are pink
Weekly boxes in grey
they frame the price action and show high, low and median ranges.
using a fib based trend tool to find targets to the upside.
T.A explained -
BackSide (BS)
FrontSide (FS)
Inverse BS (Inv.BS)
Inverse FS (Inv.FS)
BS & FS levels are expected support when dashed lines, tested when dotted and resistance when solid lines.
The inverse is true for the Inv. BS Inv. FS levels, they are resistance as dashed lines, tested as dotted and support as solid lines.
Monthly timeframe is color pink
weekly grey
daily is red
4hr is orange
1hr is yellow
15min is blue
5min is green if they are shown.
strength favors the higher timeframe.
2x dotted levels are origin levels where trends have or will originate. When trends break, price will target the origin of the trend. its math, when the trend breaks, the vertex breaks too so the higher timeframe level/trend that breaks, the more volatility there could be as strength in the orders flow in to fuel the move.
Trendline Support hitPrice has pulled back into a key technical zone and is now testing a long-term rising trendline that has held multiple times throughout the past several weeks. This trendline has acted as a structural support area, aligning with prior swing lows and validating the broader uptrend structure.
Today’s decline pushed ES directly into this support, and the reaction here will likely determine the directional bias for the next session.
What I’m Watching:
Reaction to the trendline on the next retest
Whether volume confirms a true bounce or a breakdown
Price behavior as it re-approaches the highlighted green zone, which has repeatedly acted as both support and resistance
If we close under 6680 today, All is lost and we will drop a lot more.






















