Micro E-mini S&P 500 Index Futures (Jun 2020)Micro E-mini S&P 500 Index Futures (Jun 2020)Micro E-mini S&P 500 Index Futures (Jun 2020)

Micro E-mini S&P 500 Index Futures (Jun 2020)

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Micro E-mini S&P 500 Index Futures (Jun 2020) forum


ES1! 15m FVG at 6775 is what I’m looking at. Depending on how price reacts to it, will either be more bearish movement or another run up to ATH.

ES1! are we thinking we are headed towards another Bearish day tomorrow, or are we going to reach new highs?

ES1! 6741 seems to the be the liq this is hunting for. Could be a good entry point back up to ATH.


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
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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).
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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