ES1! trade at (6726.00)SL at (6743.00)
TP1 at (6665.00)
TP2 at (6640.00)
Community discussions
ES1! trade at (6726.00)SL at (6743.00)
TP1 at (6665.00)
TP2 at (6640.00)
ES1! 15-minute futures show bullish candles (LS fills bullish candles blue) but a test of LT-5 support looks to be underway. Price and LT-5 support expected to meet around 6:30AM EST.
ES1! Mid-Term Structure & Levels
ES1! As we analyze the current market conditions, we see a pattern of repeated rejection within the range of 6,663 to 6,671 in R1. We've also established a fresh sequence of lower highs on the 1-minute chart below 6,692, which suggests a potential rotation to the downside.
If the price slips below 6,668 and remains below that level on the 5-minute chart, we should anticipate a downward move towards the 6,656 to 6,650 area, with a significant support zone at 6,642 to 6,646 acting as a magnet.
From that point, we could see one of two scenarios: either a quick rebound back to the 6,668 to 6,682 range, or, if we witness failure at S1 with 15-minute closes below that level, we may drive further down towards 6,604. Let's keep these levels in mind as we continue our trading today.
ES1! S 62.5 on a stop...52.5 targetES1! Entry: 6,659–6,663 on the retest.
Stop: 15m wick high above the trigger (+0.25–0.50).
TP1: 6,646–6,642 (S1 / NYAM.L). TP2: 6,604. TP3: 6,571–6,564.
MES1! Down we go for Liquidity :)
ES1!Idea: The Market Crash Friday was NO…what do we think?
ES1! futures regained 1%... like all the problems were solved. did anything change in terms of bank crysis?ES1! any specific reason why futures down -1.5%?