ES_F E-Mini S&P 500 Futures

$ES_F $SPY after filling Leopold's gap, market found the liquidity its been searching for just like 3/30. See what the bulls do with it now. If dems winning mattered to data centers (to anything in reality outside of the country making a stand (nice to see BTW)), AMD would have given back its entire earnings move because they announced 80% of their revenue is from data centers. I'll be back in the METAVERSE with my pronouns lol.

$ES_F Update After the CPI report was out, the market sold off & broke below the prior month’s low, which was the Bearish trigger outlined in the plan. The 1st three downside targets were reached & the market found support right at today’s pivot which was the 3rd downside target. This level was defended at the open & the market rallied back to the prior month’s low, which was rejected. The market sold off again & is currently making an attempt to break below today’s pivot. If successful, price will then reach the final downside target, which is at this week’s line in the sand & a key support area $SPX $SPY

$ES_F Update 2 The market did indeed pull back after hitting these key resistance areas, which were highlighted in the Sunday Post. However, the rally resumed & price broke above this resistance, moving directly to the September low, which was another upside target. Most of the upside targets for the week have now been achieved. As mentioned in the Sunday Post, these are all key overhead resistances, so it would not be surprising to see some rejection. If we do get a pullback, this week’s line in the sand must hold as support for a continuation of the upside. The next key support below here is the rising daily 200 MA. Also note that SPX has moved about 183 points from Friday’s close & in the Sunday Post, I mentioned that the option pricing implies a potential move of about 235 points in either direction for the week ending November 13. So, most of the move has been done, but note that this is neither a forecast or a maximum. $SPX $SPY

$ES_F Update The bullish trigger outlined in the plan was broken right away at the open & the market reached the 1st upside target, which is this week’s line in the sand. This area was also taken out & the market rallied, achieving the remainder of the upside targets for the day. Price then extended to next upside target as outlined in Sunday’s analysis and has now reached the former resistance trend line & the prior month’s low, which is another upside target. This area is strong resistance, so we could see some rejection. The immediate support is now this week’s line in the sand & as long as price holds above this area, the Buyers will have the advantage. This is a significant rebound & has improved the short-term structure. But caution is still warranted $SPX $SPY

$ES_F Next few intraday directions from the #futures open. Many trades within, but you want to make sure you're taking them with real-time directional bias. You don't want to be trying to buy 2 when 1 is still pushing lower, right? And you don't want to be selling 3 when 2 is still grinding higher 👍 1. Down toward 7360s. Perhaps we open down. If not, then it will sell-off over night. We want to buy under the [range]. It' sellable for 20-30 points if it doesn't open down there. 2. Up, big bull move toward the 7500s can be seen early in the week if not Monday. 3. Retest of support 7320s for later in the week, maybe CPI. Will revist as we get closer #futurestrading $SPY $SPX $SPXL $SPXS

$ES_F well Iran war is over pretty much, long market short oil, more rate hikes won’t happen, why couldn’t he have done this a month ago $SPY $USO

$ES_F Another variation. Remember, it's not about being perfect. You know the bears want to retest, so I'm showing ways of getting in that can reduce your trade exposure. If you trade like me, you know enough to take profit on these #intraday legs and keep the rotation moving with price. Here are 4 potential trade setups if we drill in a little closer. #futurestrading $SPY $SPX $SPXL $SPXS

$ES_F Most defined trendline breaks don't stop at the break. They go, at least, to the weekly 50 SMA.

$ES_F $SPY probably not an area where i want to be pressing short and yes I cashed huge on puts yesterday.

$ES_F The all important 7572 level was not lost today on the hrly time frame and the chart will likely regain the 7571/85.5 demand zone for a retest of 7649.5 at a minimum.

$ES_F The key now is how the ES "works off" the oversold daily MACD. Usually I see a 2-3 day rally that ends with a DOJI.

$ES_F never rush to buy the first dip after this NEVER who ever wanted to sell and still waiting for any noice will dump on you first,$SPYanother stop out and then it bounces

$ES_F Important level right here. If we cross 7500 again, we should be able to recover 50% of todays losses in short time.

$ES_F $NQ_F here we go, about to break out, massive pop is coming, just like 2018 after dems won $SPY

I heard, on the Trading Nut podcast, someone say that they look at unusual TFs like the 3 hour chart because retail is always looking at the 5, 15, 1 hour etc. A novel idea. $ES_F $NQ_F

$ES_F I'll be sharing a few scenarios to be on the lookout for. Good luck #intraday traders. This one is my favorite and likely to happen. #futurestrading $SPY $SPX $SPXL $TQQQ

You’ll probably get a million ‘weekend update’ emails telling you all the great fundamental reasons why the market is going somewhere. Here’s is all you need to know for Sunday/Monday: ES_F closed with a Bear flag just above the 200MA(7391). I don’t know how many times I have said ‘Bear Flag into an important level’ lately but check my posts and you’ll see what I mean. Past performance is not a guarantee of future results but it sure is something you should pay attention to! Bulls need a break and hold above 7500 to start getting out of their funk and Bears want to see a failure at 7500 or a hold back below that 200MA. Check the chart for targets on both sides of those levels. There you go, that’s all you need to watch for the short term and I’ll update the plans on Sunday after globex opens. $ES_F, $SPY, $SPX Enjoy your weekend!

📉 Group 2 NY Midday Charts Live: $ES_F may be forming a flat correction from the August peak, with downside targets at $7,241–$7,085 before a potential bounce. #Elliottwave #Trading #SPX

Globex reopens Monday night with ES at 7580.25 and NQ at 28073.25. Both are carrying the day's bid into the reset, and YM at 52521 and RTY at 2846.6 are positive with them. The maintenance break hasn't printed a gap yet, so the first hour will classify it. If the reopen holds around 7580, the overnight crowd is accepting the day's range. If it fades back through that level quickly, the overnight session is rejecting the bid. The broad index level matters less than the split in structure underneath it. SPY at 752.69 sits below its gamma flip at 757.55, with the call wall at 770 and the put wall at 725. Below the flip, dealer hedging stops absorbing moves, so SPY doesn't have the pin a quiet tape would give it. QQQ at 679.35 is above its 674.13 flip, with 700 overhead. IWM at 282.51 is pressed right under its 283 call wall, and its flip at 277.54 is well below. Small caps have run into their ceiling while the S&P never got back above its floor. That divergence is tonight's map. $ES_F

Globex reopens at 18:00 ET with SPY sitting 56 cents under its gamma flip. SPY 735.29 against a flip at 735.85, regime negative gamma, call wall 750, put wall 725. That is the frame for Sunday night. Price is parked on the line where dealer hedging changes sign. Above it, hedging dampens moves. Below it, hedging chases them. Half a dollar is nothing. The reopen decides which side of that line the week starts on. ES carries 7402.0 into the reset, +11.75 on the last settle. NQ 27085.25, +63.25. YM 51385.0, +214. RTY 2760.5, +30.50, and IWM 273.67, up 2.69. Small caps led the last session, which is the risk-on tell. The gap gets classified against those settles. A reopen that holds near 7402 is acceptance of Friday's lift. Giving back the 11.75 inside the first hour is rejection, and it leaves SPY's flip overhead with negative gamma doing the amplifying. $ES_F