We are neutral on S&P futures after the recent drop. It is too early in the week to determine a high probability bias. We have taken out fridays high today (5058), and we might see further retracment to the upside. We are not considering a short bias on the daily chart, unless ESM2024 daily candle body closes below 4984. Until we get more insight troughout the...
Hello Folks.
The S&p 500 just breached the high at4227.25 of the candle of 19 May and rejected the Monthly C.E of the wick of the august candle, if the price retarce to the daily FVG showen here and find support at it i think that the high 4243.25 could be taken. if the price didn't respect the daily FVG and passes trough it i will treat it as a IFVG and i will...
Looks like the Bulls want it today.
ESM2023 Futures contract trades just like Forex but smoother.
There is an OTE always around 10-10:30amEST. Just gotta be on the right side of History:)
Never Over Leverage.
Trust your set up- give the trade time to manifest: but the key is to know the specific times of day the algorithm is programmed to engage price action...
Our 12am indicated that we are raiding external Liquidity today to the extremes.
The market does two things: Buy Sell or Consolidate.
Today the algorithm is programmed to sell.
The ADR of ESM2022 (Futures Contract) is approximately 42pips.
Never Over Leverage.
Trust the set up.
Be patient and allow the script to manifest.
Fun Fact; this play happens...
Hard to find any short term supply zones. When we look back in the charts, there was only the large zone created above as shown or the previous support/resistance white line. Let us see what tomorrow brings!
