$ES Gann Analysis with Projections for Coming WeeksCME_MINI:ES1! tested 4500 levels yesterday and got rejected severely after the markets where spooked by FED's hawkish comments on aggressive rate hikes in the near future.
CME_MINI:ES1! is in the process of breaking a major confluence of support around 4400 indicating that BEARS are firmly in support and the index futures are headed for a test of it support at 4250 either today or early next week.
A weekly Double Top formed yesterday comparing the week of 31/01/2022 and week of 28/03/2022 tops. CME_MINI:ES1! to seek a lower low around the Week of May 17th, 2021 support level at 4050. A support of 4250 is a way point on the way to our target of 4050.
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Es1
S&P500 Index (SPY) Is It Bullish Now?! 📈
It looks like S&P is reversing.
We see multiple bullish clues on a daily and I am planning to buy the index.
In this video, I will share with you my trading plan.
❤️If you have any questions, please, ask me in the comment section.
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How I Trade A 2-Way Market In The E-mini S&P 500 FuturesI see a lot of talk on whether the S&P is in a bull or bear market and IMHO, neither the bulls or the bears have control right now. I think this is a 2-way tape frustrating a lot of bulls and bears. In this video I share my simple process for assessing how we are in a 2-way market, not a bull or bear market and how I am using Anchored VWAP's to keep me out of trading the middle and keep me trading the edges. As of right now I am looking at 4375 to get tested in the coming day(s) where I will look to establish a long position. If that holds I will look for a retest of 4444.50 and potentially a rally up to 4526. A daily close below 4375 I would be out of my longs and then I think that the bears have a chance to take control of the market.
Past performance is not indicative of future results. Derivatives trading is not suitable for all investors.
Strategy, Support, and Resistance - 3/27/2022Catching up to the market moves over the last week. Bitcoin, Ethereum, and all Cryptocurrency is trending bullish with an official bullish breakout since November. I look at the target Resistances for this current trend. Traders and Investors are slowly beginning to accept that the stock market is recovering from the recent correction as the S&P 500 has hit and broken the Resistance. Stocks like NVDA and TSLA are recovering well. I think that Oil may have topped out.
ES1! the summary since the Friday close3.8.22 ES1! the summary since the Friday close: in the end it is about finding good trade location (reasonable risk with a good reward), and factoring in the volatility of the market and price action and market dynamics that tell you what you can expect for entries, but also targets. More volatile markets offer bigger targets.
ES short trade3.6.22 ES: I think the ES is going to trade lower, unfortunately were a little late on a trade tonight since the market has traded lower off the open. Basically, I started the analysis after I started the video. I gave stops that were a little too rich. As I listened to the playback, I should have specifically stated that if you were short after the open on today's bar, the best thing would be to have a stop right above the high of this bar, and this way you keep your stop reasonable even though you might get stopped out on the intrinsic volatility of this market. I wanted to clarify one other thing that I said. If the market does trade lower to those support lines, there may be profit-taking, or there may be buyers trying to scalp the market higher, but I think the market is on its way to trending closer to the 382 washing and rinsing buyers and sellers.