The stage is setThe stage is set in the S&P 500 in preparation for labor numbers coming out on Friday. Market reaction is 50-50 when you have this type of report. The bias is for a positive close going into the weekend.02:18by DanGramza2
Long $ES scalpIn at 5360.75. Risking a close below 5359.50. Just looking for a scalp to 5366+Longby SimpleJackTrading111
AMP Futures - How to use Chart LayoutsIn this video we will demonstrate how to use Chart Layouts. www.tradingview.comEducation04:33by AMP_Futures4
Getting ready for Friday's numbersThursdays movement in the S&P 500 will get the market ready for the Friday labor numbers. The expectation is for continuation to movement to the upside and a close above 5390.02:18by DanGramza4
Buyers are holding their ownBuyers are holding their own in the S&P 500 and continuation to the upside is expected for Thursday. The upside projection is 5580. 00:53by DanGramza1
ES analysis JuneteenthCME_MINI:ES1! NYSE is closed & ES closes at 1pm - no volume today, dont overtrade. Yesterday, ES was bull flagging to set up a push to 5564, 5575+. Patience paid & we hit 5564. Been basing here since. As of now: Lock in those gains here, hold runner and keep it a risk free day. 5560 is support. Keeps 5576-78, 5585+ in play. 5560 fails, dip to 5549 by ESMorg1
Quiet dayWith the holiday on Wednesday the expected price movement in the S&P 500 would be a quiet day. Not looking for dramatic volatility to the upside or to the downside without surprise news.01:50by DanGramza0
2024-06-18 - a daily price action after hour update - sp500Good Evening and I hope you are well. sp500 e-mini futures comment: Nothing fancy to report here either. Market is in balance and bulls poking at 5560. They want a break above for 5600 and will probably get it soon. Bears shorting the resistance at 5558ish and making money but will be quick to give up, if this trades above 5563/5565. current market cycle: Max bullishness & peak bubble territory. Literally the peakiest of the peaks. Mother of all bubbles. Will end over the next weeks. key levels: 5540 - 5600 bull case: Perfect buying at the 1h 20ema today for another ath 1 point above. Bulls want 5600 next. I leave room for 1 more leg up but that’s it. No more after that. Invalidation is below 5540. bear case: Bears need to stop the higher highs and trade below the 1h 20ema. Until they do that, max bullishness. Don’t make it more complicated. Can literally buy every pullback and make money. Invalidation is above 5565. short term: As bullish as one can be. Ride it up. 1 More leg possible to 5600 but that should be it. medium-long term: Bearish. We will see 5000 over the next weeks again and 4600 over the next 12 months. Will update this time and price wise over the weekend but I expect to at least see 5000 over the next months in 2024. —updated weeks to months. current swing trade: None trade of the day: Buying 5543 or near the 1h ema or literally every 15m bear candle and scalp. Longby priceactiontds0
ES Price Action REview 6-18-24Going over the Price Action for the DAy ES looking for clues and what the market was trying to tell us. Wednesday market closed call up some of your buddies and enjoy the day off in the sun & the beach like me :)03:25by BobbyS8130
E-mini S&P and E-mini NQ Actionable LevelsE-mini S&P (September) / E-mini NQ (September) S&P, yesterday’s close: Settled at 5546.25, up 44.00 NQ, yesterday’s close: Settled at 20,192.75, up 247.25 Bias: Bullish/Neutral Resistance: 5561*, 5577***, 5620.75**, 5762.75*** Pivot: 5542.75-5546.25 Support: 5533.25**, 5518.50-5521.75***, 5498.75-5503***, 5489.75-5492.75*** NQ (September) Resistance: 20,271**, 20,532***, 21,410*** Pivot: 20,163-20,192 Support: 19,974-20,012**, 19,904-19,946***, 19,732-19,757**** *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Blue_Line_Futures0
ES Day Trading Analysis With Volume ProfileOn ES , it's nice to see a strong buying reaction at the price of 5515 and 5499. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The S/R zone from the past and high volume cluster are the main reasons for my decision to go long on this trade. Happy trading Daleby Trader_Dale0
S&Pwhatever this is. S&P deez lines. i'll chart anything. this is like my freecell or solitaire or sudoku candles up. candles down. x3 each chess. its like chess. is there a minimum word count for these? i'm gonna be ___ later if price doesn't at least touch one of these lines by StudyGuideTA0
Daily Recap & Small Account Challenge Day 25A recap of today's action, another strong day for bulls. New all time highs for the S&P and Nasdaq, with semis like AVGO leading the way. VX remained fairly strong today in my opinion, still watching it closely to see if it can get back over 14.35 or if it's time for more decay.07:53by AdvancedPlays0
Daily REcap ES price Action Review 6-17-24Going over the price action ES for the day. looking back to how we could have traded it better and what to focus on for the next session. 05:40by BobbyS8130
ES potential for new highsGood Morning Traders, Closures below 4200 invalidate ES to new highs. potential reasons for this move: - humans are like new things - buyers outweighing sellers -Stimulus Measures: Government and central bank stimulus programs can inject liquidity into the financial system and provide support to businesses and individuals. Continued fiscal and monetary policies aimed at promoting economic growth and stability may positively impact investor sentiment and drive stock prices higher. -Market Sentiment and Investor Confidence: Investor sentiment plays a crucial role in stock market performance. If there is a widespread positive outlook, increased investor confidence can fuel buying activity and push stock prices higher. Factors such as low interest rates, positive earnings reports, and positive macroeconomic indicators can contribute to a bullish sentiment. -Long-Term Growth Potential: The stock market is driven by long-term expectations and the underlying growth potential of companies. If there is optimism regarding the future prospects of businesses, investors may be willing to pay higher prices for stocks, leading to new market highs.Longby vregrdedtrdrUpdated 2
ES - Weekly Forecast - 17 June 2024I have a bullish bias on the ES (e-mini sp500) for the next few weeks ahead Buy entries and targets are in the videoLong03:58by TraderRiz0
ES1! - TIME TO LOOK FOR SHORT ENTRIES OPPORTUNITIES - WEEKLYThank you for the likes, shares and follows. Really appreciate! _________________________________________________________ This is a zoome out from the latest analysis of the ES1! Mini S&P500 Market. A little bit adjusted with some interesting points to consider. in the upper side we potentially won't be surprised in proach futrue see the price rising to $5637.5. It is time probably to think at holding long short positions as there are some potential lower price point interesting to consider: - The red horizontal line range area - And lower there the blue dashed horizontal line next week candle could probably do the same as this week but in the short side. Where is the price going and what is the upper side limit? We don't know, we can only make some assumptions based on the technical analysis of the chart. The issue is that we see that some historicl correlations are not being respected anymore.Shortby Diallo_Charts_Ideas0
20240614 ESThere is the first +MSS after ss raid and reaction to the HTF PDA level (d bisi CE). => anticipate downside correction and displacement to the upside. Those close proximity highs are very attractive for the upside move and bs raid. The HI news at 10am is the only thing that can make some unexpected change in this narrative with bullish BIAS. It is possible to see the continuation of the upside move on the 10am HI news announcement. But some volatility influx is anticipated on this 10 HI new event. Longby Yoo_CoolUpdated 0
$ES 8 tick scalp ideaEasy scalp idea; Wait for 5503.75 then if needing to average down 5504.75. Go short here for an easy 8 tick bounce. On future funded accounts using 4 contracts you’ll make; $400 with 8 ticks. Shortby SimpleJackTrading0
Reviewing ES price action 6-13-24Going over the price action ES for Thursday. looking for clues as to what the market was telling us. how we could have traded better and how the Overnight session looks. 03:12by BobbyS8130
Reviewing ES price action 6-13-24Going over the price action ES for Thursday. looking for clues as to what the market was telling us. how we could have traded better and how the Overnight session looks. 03:12by BobbyS8130
PM Breaker Set up on the ESafter a nice Down leg in the NY AM Session the ES gave us a Bullish breaker setup and delivered 15 handles in the afternoon. enter once price retraces into breaker boxLongby dclemens5610
$ES short scalp Looking for a short scalp when we retest 5459.50. 6 ticks at least. Shortby SimpleJackTrading0