Day 64 — Trading Only S&P Futures | 6/7 Signal AccuracyRecap & Trades
Day 64 — a clean, structured trading day.
Started small with team trades from Bia’s setups, and when we hit the bottom of the day, I saw the double bottom support and multiple buy signals align.
That was the cue. I went long, set a 20-point trailing stop, and let the algo handle the rest.
Sometimes, the best play is not to overtrade — just trust your plan.
Lesson & Mindset
When you’re in sync with your system, execution becomes effortless.
The double bottom setup plus confluence from team signals made this a high-confidence day.
This is how professional consistency looks — smaller, cleaner, smarter.
News & Levels
Markets dipped after fresh layoff reports hit — Dow down 300, VIX spiked — but the bounce off key support shows resilience.
Tomorrow’s levels: Above 6835 bullish, below 6810 bearish.
Trade ideas
I Made $977 Trading S&P Futures | Day 67 Market BreakdownI made $977 today trading S&P Futures, catching both sides of the move — shorting early weakness, then flipping long after a confirmed bullish structure shift.
The VX Algo signals lined up perfectly with the government shutdown resolution, giving clear reads on momentum reversals. Patience, structure, and signal confirmation were key today.
Above 6830 stays bullish, below 6807 turns bearish.
Watch for structure continuation into midweek.
ES UpdateTrying to break through the resistance line, not sure what's gonna happen tonight.
Open gap always makes me bearish, so I did not go long again after I dumped my calls on open. Just waiting for MFI to get overbought so I can buy puts. Guessing that will happen by Wed open.
Not sure why foreign markets gapped up because of the shutdown ending, and the market didn't tank because of the shutdown so there's really no reason for it to rally now that it's ending..... so I'm expecting a pump and dump.
Sorry, no arrows today.
I Made $911 Trading S&P Futures | Day 65 Market BreakdownI made $911 today trading S&P Futures.
It didn’t come easy — I barely slept last night, and my overnight orders failed around 3 AM.
So I reset, stepped back, and waited for the one setup I’ve been tracking all week — the 6666 support bounce.
Here’s how it played out, and what the VX Algo system showed me before the move.
Pre-market sentiment was mixed. We had lingering shutdown headlines and low liquidity early in the session.
But structurally, the market was leaning bullish on higher timeframes — meaning any deep dip would likely get bought.
I had my eye on 6666 since last Friday as a key level.
That’s where gamma support, 5-min MOB, and prior structure all aligned — a textbook reversal zone.
When we got the VXAlgo ES X1 and NQ X3 buy signals near that level, I went long.
Used smaller sizing at first, added into strength, and locked profits using a trailing stop.
The bounce hit perfectly, and I was able to walk away green.
Even though I made money, I caught myself getting a bit greedy lately.
It’s a reminder — consistency comes from execution, not expectation.
The market will give you what it gives — your job is to wait for alignment and trade clean.
3 out of 4 signals worked today for at least 5 points each.
Tomorrow’s levels: Above 6822 bullish, below 6782 bearish.
ES (SPX, SPY) Analysis, Key Levels, Setups for (Nov 11th)S (Dec) Plan for Tue, Nov 11 — Level-KZ Protocol (15/5/1).
Bias is constructive while trading above the 6,838–6,845 range; the first test into 6,880–6,900 serves as a decision point. Thinner liquidity is expected around the U.S. holiday, so execute trades only within NY kill zones.
Setups (trade the level → next level; 15m→5m→1m sequence)
Long — Bounce at 6,838–6,845: sweep/quick-reclaim → 5m re-close → 1m HL entry. Hard SL below 6,830 wick. TP1 6,872–6,880, TP2 6,900, TP3 6,930. Viability gate: TP1 ≥ 2.0R.
Long — Acceptance above 6,900: full 15m body close >6,900 → hold the retest → 1m HL. SL below trigger wick. TP1 6,930, TP2 6,955–6,970, runner eyes weak-high cleanup.
Short — Rejection fade 6,900–6,930: wick through → 15m close back below 6,895 → 5m LH. SL above session high. TP1 6,872, TP2 6,845, TP3 6,805; lose 6,805 and momentum can slide toward 6,770 then 6,733.
News & session conditions (ET)
U.S. Veterans Day — equities open; U.S. bond market closed; U.S. macro slate is light. Overnight focus: NZ inflation expectations (evening ET), U.K. Labour Market (pre-London), Germany ZEW (pre-NY). Expect patchy liquidity around the holiday; be strict with the 2R viability gate and trade only inside NY AM/PM kill-zones.
Greedy Short Gone Wrong | Day 66 Trading S&P FuturesI started the day strong, shorting the 6830 resistance level for quick profits — but got greedy and went for more at 6852, thinking the market couldn’t push higher.
It did. I got squeezed, gave back all my gains, and ended the day basically flat.
Some days remind you: the market doesn’t owe you anything.
VX Algo had 4 out of 5 clean signals today — structure nailed the direction early.
Tomorrow’s levels: Above 6810 bullish, below 6780 bearish.
Do you get Deja vu?Some say that history is repeating itself according to the dot-com bubble and the nifty fifty crash that led to a dark period in the US market. Why are we scared that the same situation will happen again? For starters, The Mag 7 who is consisted of the seven biggest company of the S&P 500 have a combined market cap of 22 trillion, which mean around 35-37% of the whole index… In fact, the same thing happened before the dot-com crash and the nifty fifty catastrophe. They were traded 40 times their valuations, so the price-to-earning ratio wasn’t considered healthy. Plus the biggest companies in the Nifty fifty composed of around 25% of the entire S&P.
But… The dot-com crash was a lot due to many start up being invested in and not giving the merchandise they should’ve, leading to many bankruptcy. The Nifty fifty was composed of businesses that people thought were untouchable, like McDonald’s, Coca-Cola, Polaroid, Disney and more. A bunch of people invested blindly in those businesses thinking they’ll just never stop growing… but those company could not innovate anymore. So once they showed lower than expected gains months after months they couldn't do anything else than watch people leaving with the pedal to the metal which led to atrocious losses.
Now, do we have the same pattern? It is true that the Mag7 is taking a huge chunk of the S&P, as they should, but can we anticipate a sell off?
If you analyze the facts; Businesses invest billions day after day into AI companies who can boost their platform and propel them in front of the innovation race. We can’t stop being amazed by every giant step they take in AI automatization and in the progress of the LLMs. Months after months those companies innovate and give back to their investor an excellent ROI. They expand and try to see what’s gonna be the next best thing and come out on top. Tech is not the same as those nifty fifty and dot com businesses who were over traded (which is a misconception, cause the Mag7 is also “over traded” but it is just a indicator of high liquidity and investor interest not necessarily an imbalance in their whole market value.) But i still mention it cause it is a an argument many people employ.
So ask yourself: is what’s happening with AI the same as the nifty fifty or the dot-com bubble, or did AI just took the S&P, those Mag7 companies or should i just say the world to an other level?
I guess only time will tell, till then,
Your friendly day trader,
Esteban.
Day 68 — Clean Entries, No Chasing | +$251 Trading S&P FuturesMade $251.50 today trading S&P Futures — a clean, low-stress day built around precision and patience.
I shorted the 6892 resistance zone early when structure flipped bearish, then sat out most of the chop until we got a confirmed X3 buy signal at 12:30 to go long.
Days like this are all about discipline — no chasing, no forcing, just letting structure and the algo do their job.
VX Algo was on point — 9 out of 10 signals worked for 5+ points.
That’s the kind of day where patience pays.
Tomorrow’s Levels
Above 6850 = bullish, below 6830 = bearish.
Expect a quieter range day unless we get major data or earnings surprises.
ES (SPX, SPY) Analysis, Levels, Setups for Wed (Nov 12)Price closed near the prior week’s highs after a clear four-hour impulsive leg from last Friday’s low. Momentum appears constructive while the 15-minute swing structure holds higher lows above the New York value shelf.
Setups:
Play A — Acceptance Long: Wait for a 15m full-body close ≥6,900 and a 5m pullback that holds ≥6,892–6,895. Enter on a 1m HL reclaim. Hard SL = 15m trigger-wick low minus 0.25–0.50. TP1 6,915. TP2 6,935. TP3 6,955–6,975. Viability gate: TP1 must be ≥2.0R versus the 15m stop.
Play B — Rejection Fade: If 6,900–6,915 rejects with a 15m close back inside ≤6,889, enter on a 5m re-close lower and a 1m LH. Hard SL = 6,905–6,912 (above rejection wick). TP1 6,872. TP2 6,852. TP3 6,839→6,810 if momentum accelerates.
Bias & Invalidation: Bias is mildly bullish while 6,865–6,872 holds on 15m closes. Bias flips neutral-to-bearish on decisive 15m body-through below 6,839.
Kill-Zones (ET): NY AM 09:30–11:00 for entries. Manage through Lunch. NY PM 13:30–16:00 for follow-through or fades into exhaustion.
News & Events (tomorrow): No CPI risk on the docket. Watch the U.S. 10-Year Note auction around 13:00 ET and headline risk from the OPEC and IEA monthly oil reports in the morning; both can sway rates and index tone.
ES (SPX, SPY) Key Levels, Analysis and Setups for Fri (Oct 7th)EVENTS (ET, unaffected by shutdown): 3:00am NY Fed Williams speech; 7:00am Fed Vice Chair Jefferson speech; 10:00am Univ. of Michigan Consumer Sentiment (prelim); 2:00pm Fed G.19 Consumer Credit. Employment Situation report is postponed due to the shutdown (treat as no 8:30am print).
SETUPS (Level-KZ Protocol 15m→5m→1m)
ES LONG (A++) — 6,767 reclaim → 6,784 → 6,821
Entry: 6,768–6,772 after a 5m close and hold above 6,767 with 1m HL confirmation.
Hard SL: 6,755.
TP1: 6,784. TP2: 6,821. TP3: 6,845 if momentum persists.
ES SHORT (A++) — 6,784–6,790 pop-and-fail → 6,749 → 6,733
Entry: 6,782–6,789 on a 15m rejection close back inside the band followed by a 5m re-close down.
Hard SL: 6,796.
TP1: 6,767. TP2: 6,749. TP3: 6,733.
ES LONG (A+ Bounce) — 6,742–6,749 sweep & instant reclaim → 6,767 → 6,784
Entry: 6,750–6,753 after a swift reclaim and 1m HL.
Hard SL: 6,740.
TP1: 6,767. TP2: 6,784. TP3: 6,821.
ES SHORT (A+ Continuation) — 6,733 breakdown & retest → 6,700 → 6,659
Entry: 6,732–6,728 on 15m acceptance below 6,733 and a 5m LH retest.
Hard SL: 6,744.
TP1: 6,700. TP2: 6,659. TP3: 6,597.
KILL-ZONES & MANAGEMENT
Asia 20:00–00:00 optional and lighter size, London 02:00–05:00 optional, NY AM 09:30–11:00 primary for entries, Lunch 12:00–13:00 manage only, NY PM 13:30–16:00 allows second push or reversal plays. Daily guardrails: stop at −2R net or lock in ≥+3R net.
ES (SPX, SPY) Week Ahead Analysis, Levels (Nov 10th - 14th)Context (HTF)
Price action has shown a notable rebound from the 6655 level, currently approaching the 6800 to 6810 range, which is characterized by recent supply identified on the 1-hour and 4-hour charts. Despite the ongoing lower-highs structure observed on the 4-hour timeframe, momentum appears to be shifting positively following Friday’s significant low. Traders should anticipate a period of two-way trading early in the week, likely within the 6650 to 6850 corridor, until mid-week economic data provides clearer direction.
Setups (Level-KZ Protocol 15/5/1)
1) Rejection Fade @ 6800–6810 (Tier-1 if first touch)
15m rejection back inside → 5m re-close below with LH → 1m first pullback fail.
Entry: 6798–6808 on 1m fail. SL: 15m wick-high +0.25–0.50.
TP1: 6768–6775 (S1). TP2: 6723 (S2). Viability gate: TP1 ≥ 2.0R using the 15m-wick stop.
2) Acceptance Continuation > 6810
15m full-body close above → 5m pullback holds 6805–6810 → 1m HL entry.
Entry: 6808–6812. SL: 6794–6798 (15m wick).
TP1: 6838–6848 (R2). TP2: 6885–6905 (R3). No trailing before TP2; at TP1 close ~70%, set runner to BE.
3) Quick-Reclaim Bounce @ 6765–6775 (Tier-2)
Sweep S1 → instant reclaim on 5m → 1m HL.
Entry: 6767–6774. SL: 6756–6759.
TP1: 6798–6810. TP2: 6835–6845.
4) Exhaustion Flush Bounce @ 6648–6658 (Tier-3)
Capitulation wick into S4 → 5m reversal signal → 1m HL.
Entry: 6651–6657. SL: 6639–6642.
TP1: 6686–6692. TP2: 6718–6728.
What can move ES this week (keep risk light around release windows)
• Tue (Nov 11): Veterans Day — equities open, U.S. bond market closed; liquidity can be thinner.
• Thu (Nov 13, 8:30 ET): October CPI.
• Thu (Nov 13, 8:30 ET): Initial jobless claims (weekly).
• Fri (Nov 14, 8:30 ET): October PPI and Advance Retail Sales.
• Fed speakers/boards: See the Fed’s official calendar for any added talks this week.
• Earnings of note: Several large caps report mid-week (e.g., Cisco; Disney). Expect single-name volatility spillover.
Notes for execution: mark the zones on 15m; wait for your 15→5→1 confirmation sequence; enforce the 2.0R viability gate using the 15m wick stop; no partials before TP1; max two tries per level.
A Pitchfork For The LEAPI enjoy a good challenge.
Probably more than is strictly healthy.
That’s why I jumped into the LEAP.
This time I’ve actually got enough hours in the day to show up for the fight. I’m genuinely curious whether I can trade my way into the top 50, even though I’ve already committed a few strategic blunders that shaved off some perfectly good profit.
But that’s trading in the real world, isn’t it?
A comedy of precision errors.
My plan is simple: stick to the Andrews Pitchfork framework and nothing else. The goal isn’t just to place well; it’s to demonstrate how much of an edge this tool offers when you use its rules properly.
Don’t wish me luck - I’m aiming to get there by skill and stubbornness.
S&P500 ON IT'S WAY TO TEST ALL TIME HIGH!Hey Traders so we are back in action checking out the Stock Indexes again.
From now on my main focus will only be the indexes I feel they are the best markets to trade for trend followers like me. Although I may occasionally make a post about other markets the indexes are my main area of study so with that being said lets dive in!
So Govt Shutdown? Seasonally Strength? Inflation Fears? Interest Rates Cuts/Hikes?
I say if you read all the headlines you will find your self in a whirlwind of ideas of how you could trade this market. But imo forget the headlines and go to what we can trust in my opinion is the charts!
For me I believe trade what I see not what we think, not what we hear, only focus on what we see the charts always have been and always will be at least for me the best guide on how to sail these uncharted waters so what do we actually see?
Well I se a strong uprtrend in place since April and I also see the market has rejected the 6690 level 3 times that tells me without any indicators needed what so ever that the market does not want to move lower than that level for now.
Support and Resistance is all you need imo to see whats happening every trading day tells a story follow the story and you will hopefully get on the right side of the market.
So therefore scenarios for today are...
Bullish- this is market is a buy imo on a pullback to the trendline around 6813. Try to put a stop somewhere out of harms way but give the market breathing room around 6760 ish looks safe. Also November seasonally is a strong month normally for stocks. If the Shutdown ends the market could celebrate and the move could be epic!
Bearish- stay in hibernation for the winter. 😁
No seriously the odds and the probabilites are really against the bears here. I would wait for January where normally market Seasonally weakens till march. Watch for maybe a top or break below support and a break below the trendline on a daily close to be sure. Then consider selling a rally.
Commitment of Traders- no report at this time due to govnt shutdown.
Good Luck & Always use Risk Management!
(Just in we are wrong in our analysis most experts recommend never to risk more than 2% of your account equity on any given trade.)
Hope This Helps Your Trading 😃
Clifford
RISK DISCLOSURE
TRADING IN THE FUTURES AND FOREX MARKET INVOLVES SIGNIFICANT RISK. ALWAYS CONSULT A FINANCIAL ADVISOR AS HIGH RISK ASSET CLASSES MAY NOT BE SUITABLE FOR ALL INVESTORS. THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY ASSETS. ALL IDEAS ARE MADE FOR EDUCATIONAL PURPOSES. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.
ES (SPX, SPY) Analysis, Levels, Setups for Thu (Nov 13th)HTF Analysis
Daily Chart: The overall trend remains bullish. Currently, the price is situated near the upper range, just below the previous swing high in the 6,960–6,980 zone. The market structure is characterized by a sequence of higher highs and higher lows, indicating that we are experiencing a temporary pause rather than a confirmed peak.
4-Hour Chart: We’re observing a robust V-shaped recovery from the 6,63x–6,66x support zone, with the price now consolidating sideways beneath overhead resistance. The recent 4-hour candles are overlapping within today’s range, suggesting a coiling pattern under resistance rather than a decisive breakout.
15-Minute to 30-Minute Charts: There’s a well-defined range forming. The highs are established around the 6,900–6,915 level, while the lows are consistently found between the 6,872–6,865 shelf, with further lower shelves below. Today's price action has effectively mapped out a framework for potential trading opportunities moving into tomorrow.
MACRO / EVENTS
The government shutdown has officially ended, and normal operations are resuming across agencies. This removes the associated headline risk. The market can now return its focus to the usual macroeconomic drivers: inflation data, the Federal Reserve's policy path, and corporate earnings.
However, there remains some uncertainty regarding the timing and form of upcoming inflation releases due to previous disruptions in data collection. The 8:30 AM ET time slot is still considered a potential source of market volatility. Aside from that, the economic calendar is relatively light, meaning that trading activity around our key levels will likely drive most of the intraday market movements.
SETUPS FOR TOMORROW (LEVEL–KZ STYLE)
Long setup 1 – bounce from 6,872–6,865
Idea: Look for Asia or London to probe into 6,872–6,865 and hold. If we see a clean rejection candle on 15m or 5m and then price reclaims 6,880 and holds above, that sets up a continuation long.
Trigger concept: Reclaim and hold above 6,880 after testing 6,872–6,865.
Risk anchor: Below 6,865, with a little room for noise depending on spread and volatility.
Initial target: 6,900–6,915.
Secondary target: 6,935–6,955.
Stretch idea: If 6,955 holds as new support and order flow remains strong, leave a small runner with eyes on 6,975–7,000.
Long setup 2 – deeper dip buy at 6,852–6,839 or 6,810–6,800
Idea: If 6,872–6,865 fails cleanly but overnight selling is controlled, watch for a fade into 6,852–6,839 or, in a stronger flush, 6,810–6,800. Look for exhaustion and quick reclaim of the upper edge of the band as a signal that buyers are stepping back in.
Trigger concept: Fast rejection wick through the band followed by a close back above the upper edge on 5m–15m.
Risk anchor: Below the lower edge of the chosen band (either under 6,839 or under 6,800).
Targets: First push back to 6,872–6,865, then 6,900–6,915 if momentum improves.
Short setup 1 – fade 6,900–6,915 pop-and-fail
Idea: If price rips into 6,900–6,915 during NY AM without first testing the lower shelves and then quickly fails to hold above 6,900, that is often a spot to fade the top of the range.
Trigger concept: Wick above 6,900–6,915 with a 5m–15m close back below 6,900.
Risk anchor: Above 6,915–6,920.
Initial target: 6,872–6,865.
Extended target: 6,852–6,839 if 6,872 cracks and holds below.
Short setup 2 – rejection from 6,935–6,955
Idea: If we get a clean breakout above 6,900–6,915 but the first test of 6,935–6,955 stalls with heavy wicks and no follow-through, you can look for a tactical fade of that 4h supply pocket.
Trigger concept: Failure to hold above 6,955, with a rotation back under 6,935 on a 15m close.
Risk anchor: Above 6,960–6,965.
Initial target: 6,900–6,915.
Secondary target: 6,872–6,865 if selling expands.
RISK NOTES
Avoid trading in the middle of the 6,872–6,865 and 6,900–6,915 band; let price push into the edges and then trade the reaction.
Size down if price is very slow and overlapping ahead of the 8:30 ET window; there is no need to swing full size into dead tape.
If you see a sudden spike around the data or headline window, focus first on how price behaves at the key shelves 6,872, 6,900, and 6,935 rather than trying to guess the news.
S&P500: Slightly higherS&P 500 futures edged slightly higher in yesterday’s session. The index appears to remain within the upward trajectory of magenta wave (5), which is expected to continue pushing higher. Once this wave reaches its peak, the larger blue wave (III) should also complete. Afterward, we anticipate a corrective phase in the form of magenta wave (A), which could put renewed pressure on the index. However, if prices reverse course and fall below the support level at 6,371, our alternative scenario will come into play. In that case, alternative wave alt.(4) would likely extend further downward, targeting a low within the corresponding alternative zone between 6,055 and 5,822 points (probability: 30%).
ES - November 12th - Daily Trade PlanNovember 12th- Daily Trade Plan - 6:50am
*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 lost the overnight low of 6836 down to 6830 level and reclaimed to move us higher in the afternoon and into the overnight session today. Yesterday's price action was very choppy, and a big battle was had at the daily low of 6831. This will become a good level next time we can test it and reclaim.
Overnight Low was 6867 and high is 6900. 6867 was yesterday's overnight high and we cleared it around 1pm, built a strong base and held it overnight. This level should be our first level to grab some points today. The RSI is extended on all time frames, and we have CPI & PPI coming up over the next couple of sessions which should give us some actionable volatility. The big question will be - Can we go to ATH's? I believe the re-opening of the government once it is officially through will create volatility and it could be a sell the event moment. If you remember, this current rally we are in started with a massive sell off on Friday that lost a prior weekly low at 6690 (Which is the level I had talked about being very important for us to hold to keep the uptrend going.) Institutions bought it up around noon on Friday down at 6654 and put in a massive squeeze. Then around 2pm that day news came out that Democrats had put a proposal on the table to open the government (Buy the News event). Moving forward over the coming weeks, the weekly low of 6654 will be critical to the uptrend and needs to hold again for us to continue higher.
Key Levels Today -
1. Loss of 6867 and reclaim
2. Loss of 6831 and reclaim
3. Loss of 6796 and reclaim
4. Loss of 6772 and reclaim (possibly as low as 6765 to close the gap)
5. Loss of 6743 and reclaim (possibly down to 6731)
Below those areas and we will most likely need to retest 6654. Price needs to clear 6900 to continue higher with 6918, 6929, 6938, 6953+ being the immediate targets higher.
Key Support Levels - 6889, 6879, 6867, 6854, 6848, 6831-36, 6824, 6809, 6796, 6772, 6765
Key Resistance Levels - 6900, 6908, 6918, 6929, 6938, 6953
We are in a tight range overnight and I still think we need to lose 6867 and reclaim for us to move above 6900. We could easily lose 6889 or 6879 and reclaim to move higher, but those are very micro reclaim levels that I do not like to engage as most liquidity (stops) should be below 6867.
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 - November 13th - Daily Trade PlanNovember 13th- Daily Trade Plan - 5:18am
*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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We have CPI at 8:30am and price action this week has been mainly contained to a range between 6831-6900. I expect us to have some volatility today and I am looking at only the best levels to flush and reclaim. Each day there are many levels that can bring points, but the highest quality levels are those where Institutions are entering to ride higher. 6867 has been a magnet inside our range.
Overnight high is 6892 and Overnight low is 6851. As I am typing this post, price just reclaimed 6867 and I anticipate it at least back testing the 6879 level which it broke down from this am.
Key Levels Today -
1. Loss of 6851-53 and reclaim
2. Loss of 6843 and reclaim
3. Loss of 6831 and reclaim
4. Loss of 6796 and reclaim
5. Loss of 6772 and reclaim (possibly as low as 6765 to close the gap)
6. Loss of 6743 and reclaim (possibly down to 6731)
Below those areas and we will most likely need to retest 6654. Price needs to clear 6900 to continue higher with 6918, 6929, 6938, 6953+ being the immediate targets higher.
Key Support Levels - 6867, 6851-53, 6843, 6831-36, 6824, 6809, 6796, 6785, 6772, 6765
Key Resistance Levels - 6879, 6893, 6900, 6908, 6918, 6929, 6938, 6953
We are in a tight range overnight and I still think we need to lose 6851-53 and reclaim for us to move above 6900. Ideally, we can flush down to 6824 and reclaim 6831 or 6837 and reclaim 6843. IF price is selling off, make sure to take your time on entering. Let price flush the level, back test that level, price hold, then you can enter.
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 - November 11th - Daily Trade PlanNovember 11th- Daily Trade Plan - 8:45am
*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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I was off my desk yesterday and I am now catching up for this week.
Overnight Low is 6836 and the Overnight High is 6867. We have been moving sideways since 1pm yesterday in this range and we must respect the short-term trend that is bullish. We still have the 6765-level gap that needs to be filled at some point. We have CPI & PPI this week, so I do expect some volatility.
Key Levels Today -
1. Loss of 6836 and reclaim
2. Loss of 6796 and reclaim
3. Loss of 6772 and reclaim (possibly as low as 6765 to close the gap)
4. Loss of 6743 and reclaim (possibly down to 6731)
Below those areas and we will most likely need to retest 6654. Price needs to clear 6878 to continue higher and change the macro trend.
Key Support Levels - 6836, 6824, 6809, 6796, 6772, 6765, 6753, 6743, 6731, 6710, 6695
Key Resistance Levels - 6854, 6867, 6885, 6893, 6908
We are in a tricky spot as you have short term resistance at 6847 then 6854 and 6867. Ideally, we can lose 6836 down to 6824, 6809 and then reclaim those levels to move higher.
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 days session High/Low
ES - November 7th - Daily Trade PlanNovember 7th- Daily Trade Plan - 7:50am
*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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Overnight low is 6715 and high is 6771. We have continued to create lower lows and as I have mentioned all week, we are getting close to the 6690 bigger trend breakdown. I do think today we have some good levels to grab some points and could produce a nice short squeeze.
Key Levels Today -
1. Loss of 6715 and reclaim
2. Loss of 6703 and reclaim
3. Loss of 6696 and reclaim
4. Loss of 6690 (maybe down to 6683 and reclaim).
Key Support Levels - 6711, 6703, 6696, 6690, 6683, 6675, 6666
Key Resistance Levels - 6726, 6732, 6742, 6749, 6755, 6766, 6771
Until price creates a higher high, I have to defer to the current micro trend which is the probability of price to continue lower. IF we lose 6690 and cannot reclaim 6785, we could melt down next week.
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 days session High/Low
Week 11.03 - 11.07 Prep Last Week :
Last week we opened on a gap above Value and made a push over Edge top where we found our top and larger sellers for the week. Return to above VAL provided selling back into and eventually under the Edge. Holding under the Edge got us under MAs and changed the trend from uptrend to downtrend on 30m and 1h Time Frames, 2hr and 4hr frames only changed into correction without fully changing into downtrend. Holds under the Edge also provided good sells into lower VAH/Value for the gap fill towards end of the week when we got Month End profit taking but we were not able to fill the gap, instead we ran out of Supply Friday Midday and got end of the week short covering which drove price back out Value without filling the gap or staying in Value.
This Week :
So far this week we have again opened over Value and have been balancing between VAH and Edge in Globex, right now Edge again provided good sell back towards VAH and it may seem like it can continue selling but this will be the area to be careful at, at least to start the week as we are starting New Month, New week and it would be best to see what order flow we get, of course it is possible that we just continue lower right away but also this could be an area where we will see more covering above the Gap which can keep price over it and eventually once selling slows down could give another rotation towards/into and possible over the Edge.
As mentioned last week we are currently inside 915 - 875 +/- Intraday Range with 900 - 890 being its mean and price can stay within this range until it accepts under 870 - 65 areas without popping back over 75 then we know we have accepted in lower Intraday Range of 870 - 830 and can continue through its targets which would be 855 - 845 Mean area and down into/towards 830 - 20s. If we do hold this current range we are in then it is still possible that it will bring more buying as buyers like to start getting in once price holds which could still push us up towards/over the Edge and maybe even back towards above VAL, how far over Edge we get would be determined by order flow IF it happens but this will be the spots to be careful on the long side instead of getting excited for new ATH or continuation over previous one even if we take it out. Our bigger sellers will still be lurking over the Edge and closer to above VAL which means if we see a push out we could either see a quick or after consolidation return back under the Edge.
For price to change things back into stability or strength from here we would need a strong push over VAL with Medium/Larger MAs following behind us for support to be able to hold the price in/around new Value to show acceptance in New Hourly Range, unless this happens we have to keep thinking that top is in for now and look for return trips away from it which would make price want to return to previous Value.
If we do get strong selling continuation today/tomorrow through 70 - 65 and keep it under then of course we will go with that and keep targeting the Mean/Gap fill and push under the Mean but unless you see clear selling under 70 - 65 careful looking for too much continuation from here early on, it might take few days to decide what we will do and get ready for a good move into lower Value which maybe happen either from above the Edge or once we hold under it long enough and change trend on 2hr and 4hr Frames.






















