ES Futures -
ES Futures Current week Plan ( 19 - Jan -2025 )
ES is currently making HH and HL , I am currently watching for a potential BID Spots .
1st zone - Break and retest of previous High + 50 DMA + Trend line break & retest
2nd zone - PDL sweep + Trend line Support
3rd zone - Break and retest of 14 jan high which is not yet retested
Enter shorts at your own risk and never fight against the trend .
ISP1! trade ideas
ES Weekly AnalysisPrice ran into previous FVG on Monday 1/13 creating last weeks weekly low.
Price then blew past a FVG that should've kept price lower which led to a break of structure.
This week I'm looking for price to pull back into this FVG and take price up to fill the FVG from 12/18.
I'm looking to enter around 5900 for the buy.
M15 'Real' Market StructureFor those who are interested in what we do inside traderbuddy (besides the 28Dto100K Challenge offcourse).
Here is a markup M15 ES with 'Real' Market Structure.
For clarity, offically we are still in a downtrend on the M15 and waiting to see how it will react to the 'Extreme'
MES!/ES1! Day Trade Plan for 01/17/25MES!/ES1! Day Trade Plan for 01/17/25
📈 6047.25 (NEXT LEVELS: 6066, 6075.5, 6084.75)
📉 5969.75 (CLOSER LEVELS: 6018, 6008.5, 6000)
1/2 way mark 📈 6027.75 & 📉 5989.25
Like and share for more daily ES/NQ levels 🤓📈📉💰
*These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
20250117 ESThere was a jigsaw for the AMS. The LOD was made at 4pm. This LOD created the REL. I do not anticipate these REL are to be raided this week.
I would like one more upside subdivision with first d bs level raid. TGIF to start either during AMS sb or PMS Sb. I would like to see ORG as well.
I anticipate some more upside, ideally to see bs raid. Though my main narrative is TGIF. The reversal to the downside is anticipated during AMS SB or PMS SB. I would like to see a clear 2022 model first before making any further judgments. Nevertheless the Wednesday ORG CE level is my -DOL if not for today but for the start of the next week.
ES/SPX Morning Update Jan 17thAt 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 triggered longs for buyers. Now, just hold runners—no further action needed, approaching our 6016 target. Remember, most professional traders dont trade on Fridays, and i rarely do as well. It's usually just managing runners from Thursday…if i have any. Capital preservation should be your main goal every Friday, with the only set ups being took are textbook failed breakdowns.
Market Outlook for Next Week (US):The upcoming week features key economic data and events that could influence market sentiment and asset prices. Below are the highlights and their potential market implications:
Key Economic Events & Data Releases
Flash PMIs for January (Tuesday, January 23, 2025)
Time: 9:45 AM EST
Expected Data:
Manufacturing PMI: 49.8 (Previous: 49.5)
Services PMI: 51.3 (Previous: 50.9)
If the Manufacturing PMI remains below 50, it will confirm ongoing contraction in the sector. However, an improvement in Services PMI could suggest resilience in the broader economy. Positive surprises in both PMIs may lead to a rally in equities, particularly in cyclical sectors, while disappointing data could weigh on sentiment.
Initial Jobless Claims (Thursday, January 25, 2025)
Time: 8:30 AM EST
Expected Data: Approximately 215,000 (Previous: 212,000)
A low reading would signal continued strength in the labor market, likely reinforcing expectations for the Federal Reserve to maintain higher interest rates for an extended period. This could put downward pressure on equities while supporting bond yields and the US dollar. Conversely, a higher-than-expected figure may ease rate hike fears and support risk assets.
Q4 2024 GDP Advance Estimate (Thursday, January 25, 2025)
Time: 8:30 AM EST
Expected Growth: 2.2% annualized (Previous: 2.5%)
This release will provide insight into the economy’s performance during the final quarter of 2024. A weaker-than-expected GDP figure could fuel concerns about slowing growth and lead to a rally in bonds, while stronger growth may boost risk appetite but could reignite concerns about further Federal Reserve tightening.
Core PCE Price Index (Friday, January 26, 2025)
Time: 8:30 AM EST
Expected Data: +0.2% month-over-month, 3.6% year-over-year (Previous: 3.8%)
As the Federal Reserve’s preferred measure of inflation, this report will be closely monitored. A decline in the year-over-year figure may reduce pressure on the Fed to hike rates further, which could support equity markets and weaken the US dollar. Conversely, persistently high inflation could trigger renewed concerns about policy tightening, potentially weighing on equities.
Consumer Sentiment Index – Final Reading for January (Friday, January 26, 2025)
Time: 10:00 AM EST
Expected Data: 64.8 (Previous: 64.6 preliminary)
Consumer sentiment is a key indicator of household confidence and spending outlooks. An improvement could support consumer-related stocks, while any downward revision might weigh on the market.
Overall Market Implications
Equity markets will likely remain sensitive to any data hinting at changes in economic growth, inflation, or labor market conditions. Positive surprises in growth or inflation cooling could drive risk-on sentiment, while signs of a slowing economy or stubborn inflation might increase market volatility. Bond markets may see notable movement depending on the GDP and Core PCE figures, while the US dollar’s trajectory will largely depend on labor market and inflation data.
Investors should prepare for potential volatility across sectors, particularly in interest rate-sensitive areas like technology and real estate.
MES!/ES1! Day Trade Plan for 01/16/25MES!/ES1! Day Trade Plan for 01/16/25
📈 6060
📉 5940
1/2 way mark 📈 6031 & 📉 5969
Like and share for more daily ES/NQ levels 🤓
*These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
OTEUM Expert Call: Intramonth Short to kick start the Year🚀 OTEUM’s Power Play: Kicking off 2025 with an Intramonth Short CME_MINI:ESH2025 !
We’re eyeing a sharp shakeout before Trump takes office, targeting the next daily support levels. Keep an eye on the 6000-6050 value zone for the perfect entry to ride this sell-off wave to next daily supports.
2025-01-16 - priceactiontds - daily update - sp500Good Evening and I hope you are well.
comment: After hours selling was strong, especially on nasdaq. Sp500 is still well above 5950, which is my line in the sand for bulls. Below the odds for the bears increase big time. I still lean bullish for a retest of 6000 and I do think bears need stronger selling (spike + channel) to trap late bulls. Today was a trending trading range where all bars overlapped big time. The odds that we break below such a day after that rally are very low.
current market cycle: trading range (bear channel/wedge on the daily tf)
key levels: 5900 - 6030
bull case: Bulls want to chop around 6000 to find more acceptance and break above the big bear channel. Their next target is the prior high 6068. On the previous short squeeze we melted to 6068, pulled back hard for 60 points and then print a lower high. I still expect bulls to get a lower high closer to 6000, if not the breakout above.
Invalidation is below 5950.
bear case: Bears want to get below 5950 and then test the breakout price of 5918. The 50% retracement is also there at 5913. For now I don’t think today’s price action was that bearish but the after hours selling is weird to say the least. It’s a bad spot for both sides to trade at 5960ish.
Invalidation is above 6020.
short term: Bearish below 5950 and bullish only above 6020. Neutral in between. Again.
medium-long term - Update from 2024-12-22: Ultimately 5200-5300 in 2025. Again, rough guess as of now and since we have not seen a strong first bear leg, these targets are the lowest I am willing to give an honest outlook about. If bears surprise and we see a huge leg down to 5500, we will go much lower for the second and third leg.
current swing trade: None
trade of the day: Shorting 6000 was decent many many times.