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S&P 500 E-mini Futures

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ES1! trade ideas

S&P 500: Rejection at Resistance and Potential Downside RisksThe chart shows a clear rejection from a key resistance zone around 6,150 points, highlighted by the red area. After an attempt to break through, the price faced strong bearish pressure, falling back below the 6,100 level. The current retracement has led the price to test the 50-day moving average (yellow), which has so far provided temporary support. However, breaking this structure could increase the risk of a sharper decline toward the intermediate support at 5,924, marked by the dashed yellow line. Recent macroeconomic releases, such as the decline in retail sales and weakening consumer confidence, are weighing on market sentiment, increasing pressure on stock indices. Additionally, uncertainty related to tariffs proposed by the U.S. administration is adding volatility, with investors showing signs of risk aversion. If the price fails to quickly recover the 6,100-6,150 area, the next bearish target could be the more structured support zone at 5,850-5,800, identified by the lower blue area. In summary, the technical structure reflects a moment of uncertainty with a clear rejection from the weekly resistance. A recovery above 6,100 could bring buyers back in control, while further weakness would open the door to new declines toward lower support levels.
CME_MINI:ES1!Long
by Forex48_TradingAcademy
1
ES/ Mag7 ChartHere is we can observe the broadening out of the stock concentration we have observed for the past 4 years in the Mag7 which at its peak reached 35% of the market. To read this chart correctly. 1: This is ES/Mag 7 relative strength. It is full ES 500- MAG 7- Apple, Amazon, Google, Meta, Microsoft, Nividia Tesla. 2. When this chart goes up, it means concentration is broadening out i.e more investment into more of the SP500 other/ smaller companies and less into Mag 7. 2.1 When this chart goes Down, it ca signify A: Heavy selling in Mag 7 companies. OR B: Heavy buying in the broader set of S&P500 companies. OR Both at the same time.
CME_MINI:ES1!Long
by timdug
Weekly Market Forecast Feb 24-28: SPX, NAS, DJI, GOLD, ...This is a FUTURES market outlook for the week of Feb 17-21st. In this video, we will analyze the following futures markets: ES | S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC | Gold SIL | Silver PL | Platinum HG | Copper The USD continues its bearish ways this upcoming weak. It's currency counterparts will likely see some upside this week. Especially the JPY. Patience and an ear to the news will be the best way to approach the equity markets. The same would also apply to news sensitive commodity markets like US OIL, Gold and Silver. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME_MINI:ES1!
by RT_Money
Use RSI Like a GoldmanYou might be wondering, do the traders at Goldman Sachs use the Relative Strength Index (RSI)? The answer is, perhaps they do, and perhaps they don’t. However, based on my experience, I can confidently say that even the most seasoned and professional traders rely on RSI from time to time. While it may not be their sole tool for decision-making, it’s often included in their broader strategy due to its effectiveness in identifying overbought or oversold conditions in the market. RSI is one of many technical indicators that can serve as a helpful signal in navigating market trends, and even the best traders find it useful on occasion. When trading with technical indicators like the Relative Strength Index (RSI), having a clear and structured approach is crucial to maximizing its effectiveness. While RSI can be a powerful tool for identifying potential trend reversals, it’s essential to understand the right conditions and context in which to use it. Below are some key principles and guidelines that can help you apply RSI more effectively in your trading strategy. Whether you’re a swing trader or a day trader, these tips can help you avoid common pitfalls and make more informed decisions in the market. ⚙️ Keep Settings Simple Keep the RSI settings minimal to avoid confusion. Stick to the standard 14-period lookback, which is widely used and reliable for most market conditions. 📉📈 Ensure Divergence Occurs Outside of Key Levels Divergence should only be considered when the RSI reaches extreme levels, typically above 70 (overbought) or below 30 (oversold). This helps to identify potential trend reversals. Divergence at neutral levels (like between 40–60) may not be as effective. 🔥 Base Divergence on Candle Closes, Not Wicks Always look for divergence based on the closing price of candles. Divergence created by wick movements is unreliable and can lead to false signals. Stick to the body of the candle to ensure accuracy. ⏳ Watch the Lookback Period The RSI’s default lookback period is 14, and divergence with a gap of more than 14 candles is generally less reliable. Wider gaps often signal weak price momentum and a higher chance of failure, so focus on shorter, more recent divergences for better results. 💧 Liquidity Must Be Taken Before Entering Trades Liquidity is essential when confirming trade setups: The first high or low should take out liquidity from higher time frames (such as range highs and lows). The subsequent highs or lows should take out local liquidity, which can be identified by overbought or oversold RSI conditions. Ensure there’s a clear market structure shift before entering trades. ⏰ Timeframe Considerations for Different Trade Types For swing trades, focus on longer timeframes like the 4-hour chart to capture larger market moves and trends. For day trades, the 15-minute timeframe is ideal for capturing short-term price action and finer market details. 🔄 Use Divergences for Trend Reversals, in Confluence with Other Analysis RSI divergence is best used to identify potential trend reversals. However, it should not be used in isolation. Always look for confluence with other technical analysis methods (such as support/resistance levels, moving averages, or candlestick patterns) to increase the reliability of the signal. Combining multiple tools enhances the accuracy of your trade setups. Stay sharp, stay ahead, and let’s make those moves. Until next time, happy trading!
CME_MINI:ES1!Education
by CandelaCharts
/ES - GEX Structure with TPO and SPX GEX insight The structure revisited last week's POC during GLOBEX, followed by position adjustments during the US CASH SESSION. As usual, 99% of the time, this zone oscillates up and down without a clear direction. Respecting the downside levels, the market tested Friday’s low around 6018 to see if it holds, showing no interest in paying anyone. I’m leaning towards a bearish stance as long as we keep trading below 6060/6080. Key Levels: POC Retest (GLOBEX): 6040 Friday’s Low: 6018 Highest Negative NETGEX: 6010 2nd PUT Wall: 5990 3rd PUT Wall: 5965 Single Prints Area: Below 5950 Poor Low Zones: 5920 and below The market remains stuck in a balance area, reacting to these levels while traders adjust positions. Any sustained trade below 6018-5990 could trigger further downside movement, while reclaiming 6060/6080+ may shift the bias back upward. SP:SPX = GEX considerations : 1. GAMMA CONDITION Currently Negative → SPX is in a Put-Dominated Environment, meaning put open interest and volume outweigh calls. Why it matters: Negative gamma means market makers hedge by selling into declines and buying into rallies, increasing volatility. If SPX drops further, dealers must sell more, potentially accelerating downside moves. 2. NET GEX / DEX (Gamma and Delta Exposure) Gamma Exposure (GEX) Since Yesterday: Net GEX decreased by -86.51M (-10.67%), moving from -810.5M to -897M. Since 14:00: Net GEX decreased by -85.33M (-10.51%), now at -897M. Interpretation: A decreasing negative GEX suggests put activity is rising or being adjusted, reinforcing volatility. With negative gamma, dealers hedge in ways that magnify price swings in both directions. Delta Exposure (DEX) Since Yesterday: Net DEX dropped by -47.58B (-4.24%), from 1.12T to 1.07T. Since 14:00: Net DEX decreased by -33.39B (-3.02%), now at 1.07T. Interpretation: The decline in DEX suggests dealers are reducing their long delta exposure, which may indicate hedging pressure in response to market movement. 3. VOLUME & PUT/CALL RATIOS P/C Volume Ratio: Increased to 1.45, indicating more puts being traded than calls. Call Volume (Since Open): 1.14M contracts, up 6.46% since 14:00. Put Volume (Since Open): 1.65M contracts, up 8.24% since 14:00. Interpretation: A Put/Call Ratio of 1.45 signals a strong bearish bias, as traders are buying more puts for downside protection. The increase in put volume confirms that downside hedging is intensifying. Top 5 Strikes by Volume: 6000 Put (128.67K contracts) 6050 Call (77.35K contracts) 6000 Call (71.31K contracts) 6040 Call (68.04K contracts) 5950 Put (67.57K contracts) Interpretation: Heavy put volume at 6000 suggests this is a key support level. Calls at 6050 & 6000 show traders positioning for potential resistance at these levels. 4. PRIMARY LEVELS (Support & Resistance) Call Resistance: 6200 (far above spot price). Call Resistance (0DTE): 6055 (40.8 points above current price). Put Support: 6000 (14.2 points below). Put Support (0DTE): 6010 (4.2 points below). Interpretation: 6000 is a key support level—if broken, expect further selling. Resistance at 6055-6060 means bounces could struggle around this zone. 5. GAMMA FLIP (HVL - High Volatility Level) HVL (Gamma Flip Level): 6095 (80.8 points above). HVL (0DTE): 6050 (35.8 points above). Interpretation: 6095 is the gamma flip zone—above this, gamma could turn positive, leading to more stability. As long as SPX trades below these levels, we remain in a volatile, bearish regime. 6. TOP GEX STRIKE CHANGES Largest Positive Changes (Increased GEX - More Call Exposure): 6020: +10.23M (+24.58%) 6050: +4.01M (+11.83%) 6015: +3.99M (+18.02%) 6045: +3.53M (+23.67%) 6035: +3.51M (+20.02%) Largest Negative Changes (Decreased GEX - More Put Exposure): 6010: -25.9M (-39.22%) 6000: -10.87M (-11.14%) 5990: -7.89M (-23.78%) 5975: -5.33M (-10.53%) 6055: -4.67M (-85.38%) Interpretation: Biggest GEX drop at 6010 and 6000 → weakening support, making downside moves more likely. GEX increase at 6020-6050 → some resistance is building there, potentially capping rallies. OVERALL TAKEAWAYS 📉 Bearish Bias: The negative gamma condition and put-heavy environment suggest increased volatility and downside pressure. Key downside level: 6000—a break could trigger more selling. Resistance zone: 6050-6060—any bounces may struggle here. Dealers are positioned to sell into weakness, reinforcing potential downward momentum.
CME_MINI:ES1!Short
by IronMan_Trader
ES meets January Elliot Wave CorrectionAn Elliott Wave combination correction is a complex corrective pattern in Elliott Wave Theory, typically formed when simpler corrective patterns combine to create a larger, more intricate structure. It consists of two or three corrective waves labeled W, X, Y. Combination corrections aim to extend and complicate the corrective phase, often seen in sideways or consolidative price action. They provide a way for markets to consume time and create balance before resuming the primary trend. Key Characteristics: The larger trend of the correction labelled as W,X,Y consists of 3 corrective wave structures being 1 flat, and 2 following zigzag structures. Each major corrective structure ends with a 3 wave impulse move to the downside, followed by a 2 wave corrective structure before resuming the trend. You can see more detail on EW theory related to elliot wave combination structures on the website: www.elliottwave.com What catches my attention for this up coming week is a potential end to the corrective structure on the ES (SP500 Futures), erasing all the markets gains made from Nov 5, 2024 onward. It would be an interesting location to look for potential long trades in the market.
CME_MINI:ES1!Long
by afurs1
1