ES1! trade ideas
Buyers Stand By And Be Ready! In this Weekly Market Forecast, we will analyze the S&P 500, NASDAQ, DOW JONES, Gold and Silver futures, for the week of May 18 - 24th.
The Stock Indices remain bullish. So buys are warranted for next week.
Gold and Silver pulled back last week on news of Trump's deals and sanction relief. But Gold is at support now. Watch for bullish setups for buys or a bearish market structure shift before seeking sells.
Crude Oil is near buy side liquidity. Look for short term buys before a longer term, high probability sell setup to form.
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ai 517taDuring the week of May 12–16, the S&P 500 E-mini futures (ES) displayed a cautious but resilient tone as price action consolidated near all-time highs. The market reflected a balance between optimism around earnings and caution ahead of upcoming macroeconomic data. Volatility contracted through the middle of the week but picked up slightly on Friday as traders repositioned for the following week.
How to Set Up Multi-Timeframe Analysis (MTF) in TradingViewThis tutorial video explains what a time frame is, why traders use multiple time frames for their analysis, and how to set them up in TradingView for futures and other products.
Disclaimer:
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.
ES: Testing Yearly Open at 5950Current Market Structure
Market completed successful retest of 2024 value area low (~20% correction from ATH)
We are currently engaged in value discovery journey back toward developing POC near ATH
Yearly open at ~5950 serves as current battleground level.
Friday's Action Analysis
Multiple rotations between yearly open (5950) and value area low (5925-5930)
Staying within and expanding above yesterdays upper distribution
Bulls eventually won the day, pushing +20 points to 5975
Key concern: Post-close liquidation break erased gains, returning to 5950
Suggests weak hands accumulated during the drift higher
Technical Structure Issues
White House announcement-driven moves created weak structure below current levels
Multiple unfilled gaps and single prints underneath
Weekly & Monthly VPOCs (virgin points of control) present structural vulnerabilities
Path of least resistance technically up, but lacking conviction
While the path of least resistance is upward, we really don't have a lot of people looking to start new positions here. Unless other timeframe traders come in and start finding value, we're just going to chop around. The market wants to get back to that POC near the highs, but it's getting artificial help every time we hit a pivotal point which is creating weak structure underneath us.
ES: Testing Yearly Open at 5950
Current Market Structure
Market completed successful retest of 2024 value area low (~20% correction from ATH)
We are currently engaged in value discovery journey back toward developing POC near ATH
Yearly open at ~5950 serves as current battleground level.
Friday's Action Analysis
Multiple rotations between yearly open (5950) and value area low (5925-5930)
Staying within and expanding above yesterdays upper distribution
Bulls eventually won the day, pushing +20 points to 5975
Key concern: Post-close liquidation break erased gains, returning to 5950
Suggests weak hands accumulated during the drift higher
Technical Structure Issues
White House announcement-driven moves created weak structure below current levels
Multiple unfilled gaps and single prints underneath
Weekly & Monthly VPOCs (virgin points of control) present structural vulnerabilities
Path of least resistance technically up, but lacking conviction
While the path of least resistance is upward, we really don't have a lot of people looking to start new positions here. Unless other timeframe traders come in and start finding value, we're just going to chop around. The market wants to get back to that POC near the highs, but it's getting artificial help every time we hit a pivotal point which is creating weak structure underneath us.
Time to short MES (S&P500) - CRASH in comingThe assumptions are:
1) The economy is slowing down. Employment data will show it shortly and convincingly. Therefore a summer or fall crash is very likely.
2) The top for S&P 500 is already in. There is always the possibility for a melt up before the crash but I think the melt up has already occured.
3) The next drop will fall below the 2022 low and above or near the covid low.
4) This is obviously not going to be as clean as depicted but the drop is going to be fast and between 40 to 50% from the 2024 top.
5) This is a swing trade over a 6 months to 18 months timeframe.
6) Trump is going to keep messing with the tariffs until the damage to the economy takes a very long time to recover. Markets will discount this at a higher interest rate which will be very harsh for the markets.
I am starting to take positions now and will add if it moves up.
Bearish Divergence. Pullback Pending Bullish long term on S&P of course. This idea is shorter term only and I am not even taking a position. Developed bear div on a full week scale. I think a decent pullback will happen over the next week or couple weeks. Then we resume bigger picture upward movement
How to Use Drawing Tools on TradingViewThis tutorial video discusses why and how traders use different types of trading tools, how to access the trading tools in Tradingview, and a few examples of how and why you might apply them.
Learn more about using Tradingview to trade futures with Optimus Futures:
optimusfutures.com
Disclaimer: There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.
S&P 500, is a return to the all-time high reliable?Introduction: The equity market has been on a bullish upswing since mid-April (we invite you to reread our bearish analysis of the VIX at the end of April), against a backdrop of trade diplomacy, particularly between China and the USA. Now that the S&P 500 index has returned to equilibrium since the start of the year (i.e., its annual performance is no longer negative), is it credible from a fundamental and technical point of view to expect the equity market to move towards its all-time record in the coming weeks?
1) A trade appeasement that forged the bullish rally
The United States and China have announced a temporary cut in their respective tariffs, marking a major de-escalation in their trade war. Since May 14, Washington has reduced its taxes on Chinese products from 145% to 30%, including those on fentanyl, while Beijing has lowered its duties from 125% to 10%. This agreement offers a 90-day period in which to pursue negotiations, with no guarantee of success, but with the aim of avoiding a return to tariff increases in the short term.
This truce had an immediate effect on the markets: US equities rebounded strongly, while China suspended certain retaliatory measures, notably on rare earths. On the other hand, the surtaxes put in place during Trump's first term remain in place. Both countries wish to avoid a total economic breakdown, even if the United States maintains a policy of protection in sectors deemed strategic (semi-conductors, steel, pharmaceuticals).
The United States wants to reduce its trade deficit with Beijing, and has hinted that the truce could be extended if dialogue remains constructive. This episode is a reminder, however, that relations remain tense and that a truly comprehensive agreement will take time to materialize, just like the first trade war over the years 2018/2019. Despite everything, appeasement and trade diplomacy appear to be convincing fundamental factors for considering erasing the losses of last March/April's bearish shock. But it will take more in terms of fundamentals to consider surpassing the S&P 500's all-time record, which currently stands at 6166 points on the future contract.
2) Corporate profit forecasts remain optimistic
Of all the fundamental factors driving equity market trends, there is one that has a dominant influence: corporate profit forecasts.
Below, you can see two charts that illustrate the continued marked optimism regarding profit expectations of the companies that make up the S&P500 index. Successful trade diplomacy is essential to sustain these optimistic expectations and enable the S&P500 to return to its all-time high.
3) Reaching the all-time high on the S&P 500 is credible according to technical analysis of the financial markets
The technical rally in the S&P 500 future contract originated close to the major support at 4800 points, the former all-time high for the year 2021 and chartist guarantor of the underlying uptrend.
The rebound has taken the form of a “V-shaped trough” chart configuration, with a bullish gap recently opened in daily data and the 200-day moving average (in dark blue on the chart below, which displays daily Japanese candlesticks).
Technical analysis suggests that the market can continue to trend towards its all-time record as long as the 5700/5800 chart support is preserved. A breach of this support level on a daily closing basis would invalidate this market view.
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May 14th Trade Journal & Stock Market AnalysisEOD accountability report: +452
Sleep: 6 hour, Overall health: 👍
Been super chillax, having some great trading days 😄
Daily Trade recap based on VX Algo System
9:30 AM Market Structure flipped bearish on VX Algo X3!
10:37 AM SMH/Chip Stock Sell Signal X10
1:00 PM Market Structure flipped bearish on VX Algo X3!
2:34 PM Market Structure flipped bullish on VX Algo X3!
3:01 PM VXAlgo YM X1 Sell Signal
3:30 PM Market Structure flipped bearish on VX Algo X3!
Next day plan--> Under 5875 = Bearish with X7 sell signal, Over 5900 = Clearly bullish breakout
Video Recaps -->https://www.tradingview.com/u/WallSt007/#published-charts
S&P 500 Technical Analysis: Testing the Axis LineThe S&P is now reaching the axis line, where heavy selling emerged months ago. It’s reasonable to expect a pause at this level, followed by a continuation of the strong uptrend.
Volume Analysis
Looking at the recent chart pattern, we can observe that the volume became quite climactic right on the break. It’s particularly noteworthy that the current bar is at the same level as previous significant price action. This pattern suggests we’re essentially going through the same cycle again, repeating familiar market behavior.
The Critical Axis Line
This axis line is critical for traders to monitor. If the market can successfully break above this level and then consolidate, spending sufficient time above this resistance, we’re likely going to experience a rally.
Chart Pattern Observations
The chart shows several technical elements:
Multiple touch points along the resistance level
Previous price action at similar levels
The market cycling through similar patterns again
Conclusion
The S&P is at a critical juncture, testing a well-established axis line. If we can get above it and then just consolidate, spending some time there, we’re probably going to have a rally.
ID: 2025 - 0105.14.2025
Trade #10 of 2025 executed.
Trade entry at 37 DTE (days to expiration).
Trade construct is a PDS (put debit spread) at Delta 15 combined with a PCS (put credit spread) at Delta 15. Overlapping short strikes give it the "unbalanced" butterfly nomenclature.
Sizing and strike selection is designed to keep the risk/reward "AT EXPIRATION" to a 1:1 risk profile. This lets charm work it's magic (second order greek), while exploiting the fact that this is a non-directional bias. The process is a disciplined and systematic approach letting time decay evaporate the extrinsic time value from the short options until target profit is achieved.
Target profit is 5% ROI
Happy Trading!
-kevin
Bullish Momentum ContinuesBullish Momentum continues but a retracement is very well needed. We are currently at 2.5 STDV level and my final target is 4 STDV drawn on the chart but before we get there, I do want to see a solid retracement down.
We also pushed through that monthly FVG so retracement after such a displacement is seen very often. We will either push a bit higher first then back to FVG then to 4 STDV or retrace now, perhaps to CE of that FVH then push to 4 STDV.
LONG ESNeeds to break and hold above $5880 before anything*
SL below $5800 (Last Target)
TP $6200 BABY!
You guys might call me crazy...
but here is my opinion analysis....
Inflation numbers coming in tomorrow, while Inflation is expected to be higher this is what I am thinking..
I think inflation numbers are going to come back at an unexpected low due to a synthetic event with the tariffs and a pause on BUYING.
what happens when people stop buying for a little? price goes down...
This is a shot in the dark but I think its going to confuse the market majorly because at the same time the Feds will be looking at it from the point of lets wait and see. This can trigger a massive sell off in June if people are rallying. We will know once the numbers are released tomorrow morning at 530AM.
In the meantime...I think Greed is in...with ES as high as the $6200 if this happens.
May 12th Trade Journal & Stock Market Analysis May 12th Trade Journal & Stock Market Analysis
EOD accountability report: +778.75
Sleep: 6 hour, Overall health: 👍
Just arrived to BKK, and adjusting to the new place.
day 5 of taking the morning pill stacks consistency and noticing the lions mane working pretty effectively with the new supplements.
trading has been very clear and easy.
Daily Trade recap based on VX Algo System
— Yesterday at 9:30 AM Market Structure flipped bearish on VX Algo X3
Yesterday at 1:00 PM Market Structure flipped bullish on VX Algo X3!
— Yesterday at 1:21 PM VXAlgo ES X1 Sell Signal
— Yesterday at 1:30 PMVXAlgo ES X7 Sell signal,
3:37 PM Market Structure flipped bearish on VX Algo X3!
— Yesterday at 3:50 PM VXAlgo ES X1 Buy signal (triple buy)
Next day plan--> Under 5875 = Bearish with X7 sell signal, Over 5900 = Clearly bullish breakout
Video Recaps -->https://www.tradingview.com/u/WallSt007/#published-charts