ES currently trades into the near-term range VPOC - Range VPOC is always a strong level that traders should monitor the price reaction to. This area will be the main watch for today's session.
Going over the ES overnight Price Action. looking for clues and trying to listen to what the market is trying to tell us. we did have some shorts in ES 2 pts from hitting our target. got out break even. no setup no trade is the motto for today.
Trading Plan for Monday, March 11th, 2024 Market Sentiment: Neutral to Bullish Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5196, 5187 (major), 5181, 5176, 5168 (major), 5163 (major), 5155, 5147, 5140, 5136, 5131, 5126 (major), 5116, 5108, 5103, 5095, 5090 (major), 5084 (major), 5076, 5072 (major). Resistances to Monitor: Key...
Looks like a failed breakdown here? Bears may be trapped under the 5180 level I am long at 5186
Introduction Options trading offers a dynamic avenue for investors to navigate the financial markets, and among the myriad of strategies available, the Straddle strategy stands out for its unique ability to capitalize on market volatility without necessitating a directional bet. This article, part of our Options Blueprint Series, zooms in on utilizing Options on...
Price action is at an interesting juncture just below resistance from this morning's action and last Friday's close. If price was to sell down from here, I will be short at 5183
If the failed breakdown is to play out, the trigger is the break of 5201 which is quite evident on the 2 hour chart. You have to be stupid not to see it and equally stupid not to go long if it plays out.
Going over the weekly Price Action for the ES. sharing what we found with our scans and our plan for the next day or 2.
AFter the attempted sell off this morning, market might be trying a fakeout reversal. I've got a buy order at 5193.50
ES/SP500/US100 Hello Traders, Welcome back to another market breakdown. Today, I've got an exciting video for you as I dive into the current state of the S&P 500 and explore various strategies based on different market scenarios. Whether you're an experienced investor or just getting started, this video will help you better understand how to navigate the dynamic...
The chart shows the setup. Wait for a bearish engulfing candle to form which breaks down out of a well defined range. Place a sell order at the lowest low of that range
Volume profile cannot lie. We are needling out, there is no oxygen up here, and this rally broke through the 50% line of this range on a total abstract squeeze. So... Bears see the fatigue and they see a rate decision in June. I have a chart of the Mag 7 only, because they are the real index. It's gone parabolic. And it has a weekly candle that is a big tall...
Micro E-mini S&P 500, Supply and demand strategy, Futures, Short and Long
Weekly Plan 03/11 - 03/15 Watch the 5120 Pivot Level Monday and especially Tuesday 03/12 (CPI Data) to see if Pivot gets rejected or taken and trade accordingly Sell Below 5120 Buy Above 5120
Daily higher-high from last post completed. Green count has ES1! completing five-wave impulse off October 2023 low of 4236.25. Red count has ES1! needing one more daily higher-low and higher-high to complete what I'm interpreting as a C-wave and likely market top.
Going over the price action for ES NFP day. what a tough day. market is really amazing. never ceases to amaze me at its intelligence. trap move after trap move only to confirm the hot report. amazing. do your homework this weekend. replay the day. review all your trades. prepare for Monday we Go back to Battle.
ES! on pressure ... big Sells start on NVDA + AVGO NQ close same as ES under TDO Trader waiting for correction Monday will show how is going .