OrderlyThe inside day on Thursday in the S&P 500 is an orderly and balanced response to Wednesday's price action. The overall structure has a bullish bias and it also implies a sideways move before the weekend.
SPF1! trade ideas
ES trend analysis price consolidate at 5814 area first
price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first price consolidate at 5814 area first
Full Trading Plan For ES/SPX Oct 25thPlan for Friday:
Supports:
• Major: 5842, 5825, 5805-07, 5787, 5763, 5756, 5746, 5725-29, 5711, 5690
• Minor: 5853, 5848, 5838, 5818, 5814, 5798, 5783, 5774, 5768, 5751, 5740, 5733, 5715, 5702, 5695
Overview:
Today was a straightforward backtest of 5864 followed by a dip, then a return to that level, marking a typical rangebound day. We are now in a new consolidation range between 5865-68 and 5825. Trading within this range could be tricky and highly technical, so predicting is a losing strategy. For tomorrow, I’ll trade light, expecting continued chop unless the 5865-68 resistance clears.
Key Zones for Tomorrow:
• 5842 is the first support down but is now less reliable due to today’s battleground. If ES dips to 5838 and reclaims it, I may consider going long, but only if no new highs above today’s peak are made first.
• Below 5838, expect a fast flush to 5825 (major support). I’d consider a long here if there’s a failed breakdown of today’s low (~5822), meaning a recovery above 5825 after a brief flush. If 5825 fails, it could indicate that bears still have control, and longs become riskier. The next key long interest is 5805-07 or failed breakdowns of yesterday’s low.
• Deeper support for long interest would be 5756 if we see a larger flush.
Resistances:
• Major: 5865-68, 5882, 5890-92, 5910, 5919, 5945-47, 5971
• Minor: 5861, 5878, 5886, 5899, 5902, 5907, 5914, 5927, 5933, 5940, 5958, 5966
We haven’t cleared the significant 5865-68 resistance yet. Even if we pop up there tomorrow, another dip is likely before any breakout. If we do break through, we could see a squeeze up to 5882, potentially followed by a dip before pushing higher to 5892. If the breakout continues, we may see a push toward new ATHs in the next leg up.
For those interested in shorting, 5882 is a potential level. However, I won’t be shorting above 5865-68.
Buyers Case Tomorrow:
Buyers case would see ES continue to consolidate between 5825 and 5865 before breaking to the upside. The scenario would likely involve a pop to 5865-68, followed by one more dip (could be significant or small), and then a breakout targeting 5882 and 5892. Afterward, a dip may happen before pushing higher toward ATHs.
• I’ll keep an eye on 5842 for long opportunities on dips and potential recoveries at 5848.
Sellers Case Tomorrow:
Sellers need to break 5825 to regain control. If 5825 fails, it could indicate that the recent dip was not a one-off. However, breakdown trades are risky as 80% of breakdowns typically trap traders. These setups require a high skill level and may fail multiple times before paying off significantly.
• I won’t chase shorts after a 30-point sell-off. I’d prefer to see 5825 tested, or a failed breakdown of today’s low before shorting under the bounce structure (possibly around 5818 or higher).
Summary for Tomorrow:
• Expect consolidation between 5825 and 5865-68 with potential ping pong price action.
• Leaning toward a pop to 5865-68, then possibly a dip before breaking out higher to 5882+.
• If 5825 fails, we could see further selling.
Trade cautiously in this consolidation range, as the price can take complex, unpredictable paths.
Possible long in a short term bearish cycleI analyze charts from Daily down to 1 minute (sometimes).
After marking out the supports & resistances, buy & sell zones, taking note of possible chart patterns, then I'll look for possible trading entry.
Entry can be counter-trend or counter-cycle. Just need to manage the risk accordingly & know when to take profits.
ALWAYS risk smaller than you think you can accept!
Trendline Break outWaiting for pullback after tend break had a great solid push up not waiting for retrace
Trendline Break outWaiting for pullback after tend break had a great solid push up not waiting for retrace
SPY Rising WedgeSPY forming a bearish rising wedge here on a larger time frame after strong buy side pressure has brought the index to all time highs.
We have left a gap below us around 5640 and we may see this fill in the near future.
Currently I see strong support below us at the CC golden pocket retracement zone at the daily 5400 zone. This correction may occur as market participants de-risk moving into elections.
I would welcome a nice pullback of 6% - 7% to this zone and add to my positions.
To me, this may be the last local pullback before a big rally post election.
Es levels and targets Oct 24Full round trip: In ES, every sell-off has been followed by a short squeeze, and we saw both play out yesterday. Once 5857 broke, shorts were triggered, and I was eyeing 5854, then 5864 on a reclaim, both of which were hit overnight.
As of now: 5864 (weak) and 5855 are the key supports. If these hold, 5878 and 5886 stay in play. If 5855 gives way, 5838 below
History repeating itself ?After having a big green day on 10th of july we can see a big red day following by 3 crappy green days followed by 3 bigger red days and finally one struggly green day before the crash. So is it possible we are repeating what happened on 10th of july with today being a slow green day setting up the huge sell off.
ES wait price hit 5868ES wait price hit 5868,
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RCG Fractals waveA new setup for tomorrow/ today and will be a prediction for price movement. Additionally, we establish solid levels for our analysis.
Rest day on ThursdayAfter the price action that we've seen in the S&P 500 on Wednesday, this price structure implies a rest day for Thursday. In this case it means Thursday's range would trade within Wednesday's range.
Directional bias for trade filtering on lower TF , or 70 win %Hi there!
I’m excited to share a system I’ve developed called 'Zones.' These zones offer a directional bias, helping predict where price is likely to move next with a current follow-through rate of 70%. In other words, if the price exits one of the orange zones, there’s a 70% chance it will reach the next orange zone, at least touching the boundary, rather than reversing back and closing within the previous zone.
You can trade these zones directly for a 70% win rate, or use them as a directional bias to complement your existing strategy on a 1-minute or 5-minute chart (which I highly recommend).
Important note: When the price briefly exits a zone but doesn’t close outside it, this is not considered a valid exit — we call this a "spike" or wick. For the 70% win rate to apply, the price must close outside the zone.
These zones are the result of years of research, experimental machine learning development, and collaboration with colleagues who have decades of experience in physics. And the best part? I’m offering them completely free.
The real challenge isn’t just following a system with a 70% win rate — it’s whether you can overcome your own psychology and avoid sabotaging your success. If you had a winning strategy, what’s really stopping you from being consistently profitable? Often, the answer is ourselves.
My zones are built on theoretical thermodynamics and mathematical proofs that help predict the likely trajectory of a system, similar to particle movement in physics.
Keep in mind, the orange zone line represents an unpredictable area — while the price often touches the line, there are instances where it may not reach it. Due to the inherent limitations of modern physics, this zone remains an unsolvable area, adding a layer of uncertainty to the system.
I promise, none of the paid indicators, whether it’s LuxAlgo or anything from a Pine Wizard or trading “guru,” can match the accuracy of these zones. But don’t take my word for it — try them for yourself and see the results!
ES levels and targets Oct23rdYesterday, my target in ES was 5902. That’s exactly where the high of the day was set. The pattern remains the same: rally during the day, dip overnight.
As of now: 5868 is the key support and next level down. Bulls need to recover 5887 if they want to push directly back to 5902+.
ES1! Bullish Outlook 10.23ES1! Bullish Outlook - I see an impulsive wave into a new all time high
Contains a Bullish Flag w/ a Fib Retracement at the Platinum Level (.88-.786)
Invalided under 5,873
My Main Fib Retracement Price Targets:
-0.236 @5945.50
-0.618 @5,975.00
Fib Extension Price Targets:
1.272 @5,959.50
1.618 @5986.25
APEX Trade - 10222024 ES Overnight Swing TradeJust trying out an overnight Apex Trade Swing!
- MyMI Wallet
PT: 5895 & 5898
Follow for more ways to trade and win on #ApexTraderFunding!
Thank you for watching!
Consolidation phase of ES 5881 and 5891Consolidation of ES between 5881 and 5891, wait price to come into 5881 before going up again,
ConsistencyWe are seeing consistency in the S&P 500 for the last two training sessions. This is shown by the shadows on the lows of the daily candle chart. It implies they are buying the break which is bullish but so far buyers have not been able to follow through to the upside.
ES 15m Short Term PathsHere's a two day 15m chart for ES. The 5866.50 target from last week held twice now. Now we're forming a descending channel with my previous line in the sand above around 5892.
Will be looking for a channel breakout for a quick move back up to the 5900 area, or looking for a break down below 5866.50 for a move back down to the bottom of the channel and potentially back to demand around 5830 if it keeps going from there.
ES levels and targets Oct 22ndSince Thursday, ES has been all about one level: 5892, acting as a magnet. Yesterday, we saw a failed breakdown at 5878, with targets at 5892 and 5902. We hit 5902 but sellers rejected overnight.
As of now: Supports are at 5867 and 5855-57. Bulls need to reclaim 5878 to push back toward 5892+. If 5855 fails, 5843 is next down.
Having a Look at the S&P...It looks Bullish...Many of my trader friends trade the S&P. I dont because I trade London session. But im having a dabble in it to see if I can understand how it moves.
Reveries II (Q4 update) It's Mid October and we're inside the 12M sell box;
r1 on 1M - 5902
r1 on 1W 5924
r1 on 1D 5898, r2 5918 (chart on right)
r1 on 4h macro 5896, r2 @ 5921 (on left)
all pending bearish rotation.
Feasible push to 5896 (r1 on 4h macro, maybe even r2 @ 5921)
but unless es sustains north of 5902 / 5918, downside cycle is coming, and wkly could push to 5790's with minor extension.
No bounce there and monthly could revisit 5590's, before post election pump to fill out upper end of 12M sell box (roughly 5827 - 6095, same levels projected from Feb).
Projected floor for Q4 5440 - 5320, barring some random endgame narrative, dip to this level keeps us above August lows and provides a generous running start for the leap to breach 6k.
Wildcard scenario; hunt to 5960s before pre-election evac... watch for strength north of 5902 / 5921 and if it sustains above, temper expectations; as a.) 5953 is the 120% level for the year and b.) last high on 1d di+ after August low printed Sep 17.
Appreciate the risk.
