ES - Weekly Healthy Sell-off Pending?

With the Dollar set up to run on short term buy stops and ES1! trading @ all time highs, a healthy pullback would be logical to expect.

5050 is the daily previous all time highs and even is we were to reprice down there, it doesn't mean that our bullish narrative has disappeared.

First area in price of interest is 5080 with 5066.50 being the end goal.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN

Comment:

First area of interest at 5080 has been met during the US PM session at 15:45pm

Comment:

Asia, UK and US AM session is really important to study.
Currently trading inside a 1-hour bullish order block. Will we continue the bullish macro uptrend?

Trade closed: target reached:

5066.50 has been met to the tee.

Comment:

ES sharply reversed, creating new all-time highs @ 5149.25 for this week