ES1! Cawh last night was heavy boys I woke up in a short position with no brackets on it 😆🙈Micro E-mini S&P 500 Index Futures forum
ES1! Cawh last night was heavy boys I woke up in a short position with no brackets on it 😆🙈
ES1! My 2 cents :)
ES1! 😆well that worked marvellously
ES1! Not going to get my 73 buy. Shut out early on the buy as well this morning. Will have to be happy with 4.5 pts of counter scalps.ES1! Ideally I wanna see 600 just fail horribly close longs and short the top but that seems too easy although I’m absolutely smashed rn so I have no idea 🤣ES1! Magi shroom thought hold or fold 😆ES1! Here's what I'm seeing from the Bookmap:The price is hanging around 6589.75, rotating around a local point of control (POC) in the 6589-6590 range, where there's a noticeable thick bulge in the volume profile. There are some hefty sell orders stacked between 6593 and 6596, with a significant wall around 6600 shown by bright yellow and red bands. We've seen some aggressive selling there, but the passive sellers are doing a good job of absorbing it.
On the buy side, there are layered bids just below at 6586 to 6585, with stronger liquidity around the 6577 to 6575 mark indicated by a bright band. The order book looks thinner overall (down by 4%), suggesting that if one side decides to pull back, we could see a quick price movement. The net prints are showing a lot of back-and-forth action without any clear breakout yet.
What does this mean? Right now, we're in a balance or a rotation phase until we hit one of two scenarios:
If we break through the 6596.5 to 6597 zone and those offers get withdrawn or consumed, it could pull us toward the 6600 to 6603 range.
On the flip side, if we fail and rotate downward, we could test the 6586 to 6585 levels. If those give way, we might be looking at a vacuum targeting the liquidity at 6581 down to 6577.
MES1! the 1300 rally looks to be right on time againMES1! last pullback before 6600ES1! If we see it before 3:00 pm EST, will buy 73