Yesterday chopped around one key level in ES: 6066-70. It failed pre-FOMC, with a few very quick dips below it til market closed..after, targets at 6087(hit), 6094(hit), and 6105(not yet). We reached 6101 tops overnight. As of now: • 6074, 6066 = key supports; bulls remain in control above • Holding keeps 6098, 6105, and 6120 in play • If...
Yesterday, 6042 reclaimed and triggered a move to 6070 and 6105, with 6105.50 marking the high of the day. Today will likely be choppy until FOMC at 2pm, followed by extreme volatility. As of now: • Hold runners; 6087 is support • Staying above keeps 6105, 6115, and 6130+ in play • If 6087 fails, expect a dip to 6066-70
Textbook precision: Yesterday, the 6016-20 reclaim in ES triggered a long setup. I emphasized holding for two key targets: 6049 and 6070. We hit 6070 before pulling back. As of now: • 6042 (defended) keeps 6070, 6082, and 6105+ in play • If 6042 fails, expect a dip back to 6016-20
On Friday at 1:30 PM, ES broke below 6135, a key support level it had held for two weeks. Headlines fueled the move, leading to a gap down and a sharp sell-off. Initial targets at 6083 and 6070 were reached, with even more downside following. As of now: • 6016-20 must reclaim to trigger a short squeeze from buyers • If 5982 fails, sellers can easily drop to...
ES has been on an 8-day winning streak, with momentum still riding off Monday’s 6020 Failed Breakdown. Yesterday’s reclaim of 6115 drove the move to my key targets at 6136 and 6154, both hit. As of now: • 6135 = support; holding above keeps 6161, 6172, and 6185 in play • If 6135 fails, expect a dip to 6115, then 6098-6105
Yesterday, my final target for ES was 6137, and we reached 6135.75 before sellers stepped in. Now, the market is working on a base, creating some tricky chop. As of now: • Expect 6105-6135 chop, with 6115 as the mid-pivot • Reclaiming 6115 targets 6123 and 6135+ • If 6105 fails, look for a selloff to 6087 and 6072
Big payoff in ES: Yesterday’s target off my 6043 support was 6087, and reached with ease after bouncing off 6043. 6105 and 6115 upside targets have been hit as well. As of now: • keep riding the runner until the move ends if you have them • Next targets: 6122, 6129, and 6137-45 if ES pushes higher • Supports: 6087 and 6071; sell below those levels
Yesterday showcased a textbook display of failed breakdown trades in ES, with targets at 6066 (hit), 6074 (hit), and 6087 yet to be hit. Mentioned sunday 6005 would be actionable on a test an recovery and buyers agreed late monday. We’ve tapped 6066 three times, creating a tricky chop zone from 6066 to 6016-20—over-trading here can be costly. As of now: • ...
NYSE is closed today, and ES will close early at 1pm—so tread lightly and no overtrading. Most professionals are not trading today. At 6pm on Thursday, a Failed Breakdown at 5974, triggering a long that took us all the way to 6043. As of now: • Hold runners; expect 6043-6016 to be a chop zone, with 6033 as the midpoint pivot • Reclaiming 6033 could...
At first glance, the market’s final hour yesterday looked bearish. However, for those who dont trade with retail..but trade against retail, things were simple. Just wait for retail to get trapped..aka failed breakdown setups (highlighted in plan for today), it was a clear long opportunity. We dipped below the 5974 and 5966 major zones, trapped shorts as usual, and...
Yesterday, CPI took us up to targets 5965 and 6004, right at a major resistance that held firm overnight. The market remains tricky—consider reducing your position size for today til more setups emerge As of now: • 5984 = support; it must hold to keep 6004, 6016, and 6043+ in play • If 5984 fails, look for a selloff to 5972, then 5952
Perfect run in ES, with 5845-50 still acting like a money magnet. Reclaiming 5866 triggered longs to 5882, 5900+, exactly as outlined. As of now: • Protect gains and keep a runner on as we head into CPI • 5882, 5845-50 = supports (recoveries here signal a long) • If buyers push, 5917, 5936, 5961 are next • A break below 5845 opens more downside
Yesterday, i gave 3 targets—and all were hit plus more: 5848-50, 5866, 5880. Lock in gains now if you were trailing any runners. As of now: • 5882 = support (just tested, and weaker now) • Holding above keeps 5900, 5918, 5928 in play • If 5882 fails, sell to 5860, then 5848-50
As mentioned 24 hours ago, this week has revolved around one key level in ES: 5928, which has been the primary trading pivot. It held again overnight but is showing signs of weakness—serving as the bull/bear line. As of now: • 5936, 5928 = supports • Staying above keeps 5965, 5978, and 6004+ in play • If 5928 fails, sell to 5918, then 5892
Market closed today with ES wrapping up at 9:30 AM. Yesterday 5928 level was the battle line. Reclaiming it triggered a squeeze to the 5965 target. We’re now coiled for a trend leg. As of now: • Supports: 5928, 5936 (held) • Holding above keeps 5965, 5978, and 6004 in play • If 5928 fails, look to go short
Yesterday, after a pop to the 6045 target, 6004 emerged as the critical bull/bear battle line. Once it broke, a 70-point selloff followed—bears control while it stays below. As of now: • 5928 is support. • 5935 must recover quickly for a push to 5965, then 5982. • If 5928 fails, expect a selloff toward 5918, then 5900.
Yesterday’s target was around 6070, originating from Thursday evening’s big failed breakdown at 5918 in ES. We hit that level and sold off. Around 4pm yesterday, ES formed another mini-failed breakdown at 6016, up about 10 points so far. As of now: • 6016 is weak support. • Holding above keeps 6043-46, 6066, and 6087 in play. • If 6016 fails, look for a...
Incredible start from buyers with targets from yesterday are already hitting. On Thursday, longs were triggered in ES after a major Failed Breakdown of 5918-23. Since then, the plan was simple: get long and stay long nd ride runners. Now we’re up +116 points. As of now: • Protect gains here; resistance at 6038 • Next levels: 6049, 6070 • 6016 is support; a dip...