SPX500 retracement?My custom indicator, Confirmator, is signaling a critical point, suggesting the market could be on the verge of decrease. A strong support area is clearly marked on the chart, which could play a crucial role in the upcoming price action.Shortby shoshitrades1
20240814 ESIt is CPI and it is possibility for the Wednesday High of the week profile. Ideally to see shallow new high of the day and reversal to the downside. The DOL is below the D ss levels. The intraday IOF will provide with move precise targets for the partials and intraday DOL. I am looking forward to see the first downside displacement around 9.30. It is not compulsory for the PA to make the new HOD before the reversal to the downside but it is an ideal scenarioShortby Yoo_Cool0
ES Range Expectations on the CPI ReleaseToday we're again looking at ES e-mini futures for an expectation of the amount of range we could do on this CPI Inflation data release. We take a look at both the upside and downside to get a view on where the boundaries of normality would be to aid us in framing intraday trades. Yesterday's PPI Inflation data gave us a large grinding day as we reverse some of those moves from the recent volatility. Lets see where we end up!03:37by JeffBoccaccio0
ES Levels & Targets Aug 14thMy target in #ES_F all week was 5438-42, and buyers rallied to it yesterday. Next up were 5449 and 5467, with 5463 reached overnight. With CPI at 8:30, it’s time to size down, hold runners, and be prepared for literally anything (expect irrelevant noise and traps in the first 30 minutes). As of now: 5438-42 and 5414 are stretch supports. This keeps 5473, 5495, and 5510 in play. If 5438 fails, look for a dip to 5414 and 5388.by ESMorg1
ES OverNight Price Action pre-CPI 8-14-24Going over the price Action ES Overnight into the CPI Report today. size down, manage risk no A+ setup = No trades. 04:49by BobbyS8130
Wednesday CPI reactionThe S&P 500 CPI reaction reported tomorrow can add to the upper momentum if it indicates a cooling-off of inflation. A close above 5490 would be the next objective and will indicate buyers commitment. 02:38by DanGramza5
AMP Futures - Working with Charts - TradingView MobileIn this idea we will provide a general overview how to navigate working with charts with TradingView mobile app.Education08:09by AMP_Futures5
The Rip you Short? or the last Dip to buy?Last week's decline DID NOT BREACH THE APRIL LOWS . To be 100% objective, as long as price is above the April lows, we still retain the ability to make one more high. That is the purple arrow on the above chart. Price will need to breach 5587 in pretty much a straight shot now, as this would be a wave 3. However, that is not my primary analysis. My primary analysis is the ES Futures market is in the final stages of it's minute circle b-wave. that should complete in the target box on the chart. From there, price should be declining in minute circle c-of Minor A. In the ES that should be in the area of the April lows, or slightly below 5,000. Best to all, Chrisby maikisch8
s'il vous plait E-MiniMarket top priced in 5 wave correction still at play Wave 4 cannot go into Wave 1, per Frost & Pretcher Extension left to be seen in this structure Could extend on wave 5, forming a large "A" Wave Shortby XXMarketsMcFly0
ES is on track for 5500 and NQ aiming for 19,464In my latest video, I break down why I'm bullish on NQ and ES short-term. Not fading these rallies. I rely on Bollinger Bands, AVWAP, Beacon Indicator, and a 5-day SMA for my tech analysis. This is a mean reversion back to the primary trend—the kind of move that packs serious power. 📈Long09:40by anthonycrudele8
S&P Pending further liquidation ? ( 8/12/2024 - 8/16/2024)The S&P is currently failing to break out of a statistically significant level as the market awaits further U.S. economic data for the week: 8/12 - 8/16. As long as the price action remains between 5,350 to 5,450 and continues to fail its break-out to reverse the primary trend in this short-term 'break' in broader selling, then we have to suspect that any bad economic releases or geopolitical events can be the catalyst for the next round in selling. Disclaimer - The author's information and publications are NOT meant to be, and DO NOT constitute financial, investment, trading or other types of advice or recommendation. 05:05by AngelCPeel-Salazar0
ES Lvls & targets Aug 13thAfter the recent 200+ point rally, investors have been establishing new structure. The targets I provided based on the 5363 reclaim were 5372, 5378, and 5400..all hit, with 5400 being tagged overnight. As of now: 5378-82 and 5362 (both tested) are supports. Staying above keeps 5393, 5400, and 5414+ in play. If 5362 fails, watch for a dip to 5338 by ESMorgUpdated 2
uptrend has formed*MARKET UPDATE:** Following retracements we saw yesterday in the S&P500 futures, the market has staged a strong bullish rally overnight, which has continued into this morning, and has formed an uptrend going into todays session.by barnabysykes112
ES Overnight Price Action rEview 8-13-24Going over the price action OVernight looking for clues as to what the market is telling us for the upcoming RTH. planning both long and short scenarios. 02:01by BobbyS8130
20240813 ESI anticipate some upside with likely spike to the upside on the hills of the 8.30 HI news. => After that move to the upside I anticipate the reversal to the downside at least to the equilibrium of the last dealing range. The HI news at 8.30am can create a lot of volatility that is why the upside spike can move further and reache higher that it is marke on the chart. Nevertheless the general view is as mentioned above. I am very interested to see 8.30 price action.Shortby Yoo_Cool0
S&P rounding up for the next leg DOWN to 5,000 support?The S&P is currently failing to break out of a statistically significant area as buyers fade and await U.S. economic data for the week: 8/12 - 8/16.Short07:07by AngelCPeel-Salazar110
Set up for TuesdayMonday's action provides a set up for Tuesday's movement in the S&P 500. The data structure implies evening up and going neutral into the Tuesday PPI fundamentals. The ideal close on Tuesday would be a close above 5400.02:30by DanGramza3
AMP Futures - NEW Feature - Market Replay (All Charts)In this idea we will demonstrate how to access the new feature to use market replay for all charts in Tradingview.Education02:18by AMP_Futures3
ES price Action REview RTH 8-12-24Going over the days price action looking for clues as to how we could have traded today better. coming up with a plan to trade the Overnight session. do all your work, manage risk, and execute when your system sais go. 03:24by BobbyS8130
S&P's Path After VIX 50E-mini S&P (September) / E-mini NQ (September) S&P, last week’s close: Settled 5370.25, up 22.00 on Friday and down 5.75 on the week NQ, last week’s close: Settled at 18,616.00, up 90.75 on Friday and 59.75 on the week Inflation and the consumer will be front and center this week, but we also see equally important anecdotes driving markets, which I will get to next. Today at 10:00 am CT, the NY Fed will release 1-year Consumer Inflation Expectations. Fed Chair Powell has called inflation expectations a self-fulfilling prophecy. Think about it: if everyone expects gas prices to be higher next week, they will be filling the car this week and thus driving prices higher. Tomorrow morning, we will get the July PPI report before CPI Wednesday. Remember, producer prices are a leading indicator of consumer prices. The July Retail Sales report and earnings from Home Depot will also be released tomorrow morning. Walmart, the world’s largest retailer, is due Thursday. Markets will ebb and flow in response to this data, but we do believe last Monday’s volatility event laid the groundwork for higher prices in the weeks to come, barring a severe escalation in geopolitical tensions. The Olympics’ closing ceremony was yesterday, and it is important to remember that only days after the 2022 Winter Olympics closed in China, Russia invaded Ukraine. Tensions are running hotter between Russia-Ukraine and the Middle East than in recent weeks. As for the volatility spike, last week, we compared the event to August 2015 and February 2018. Outside of the pandemic, these were the last two instances the VIX hit 50, and upon such, it also marked a low in the S&P. It is important to understand that after a significant rally in the weeks to come during both instances, we did see a retest into the range of the session in which the VIX hit 50. Are we in the clear? Certainly not. However, the VIX is now trading at 20, and upon volatility suppression, it is very reasonable to expect the market to drift higher, at minimum, at least for a trade. E-mini S&P and E-mini NQ futures are extending their range higher ahead of the U.S. open. We are looking for the first 30-60 minutes after the bell to help define an acceptance of the higher range and usher in continued buying. We must see the E-mini S&P hold out above major three-star support at 5359.35-5366.50 and positively digest a retest into our Pivot and point of balance at 5370.25-5376, which aligns with settlement from August 2nd. Bias: Neutral/Bullish Resistance: 5396.75**, 5404**, 5417.25-5420***, 5432.50-5441.25***, 5480.25-5485.75*** Pivot: 5370.25-5376 Support: 5459.25-5366.50***, 5348.25-5350.25**, 5333-5337.75**, 5319.25-5324.75***, 5306-5309***, 5292.25**, 5278.75-5280.75**, 5259.75-5266.25***, 5227.50-5231***, 5202.25-5204.25**, 5189-5192.25***, 5146-5161.25***, 5120**, 5092-5102.75***, 5059.75-5078.75*** 4988.25*** NQ (September) Resistance: 18,725-18,761***, 19,023**** Pivot: 18,598 Support: 18,525-18,557***, 18,484**, 18,404-18,438**, 18,323-18,358***, 18,179-18,208***, 18,064***, 17,966-17,987***, 17,856-17,893**, 17,711-17,741***, 17,509***, 17,333-17,398****, 17,110-17,180****, 16,826-16,870*** Check out CME Group real-time data plans available on TradingView here: www.tradingview.com Disclaimers: CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.by Blue_Line_Futures1
20240812 ESI anticipate a -PO3 day today. It is Monday and PA can tend to be less reliable but nevertheless. I anticipate more downside today, I would like to see one more move to the upside with bs raid and reversal to the downside after. 9.30am is very important time point to watch. Downside DOL is the close to equilibrium of the last dealing range and top of the w bisi. Shortby Yoo_Cool0
ES Lvls & Targets for Aug 12thLast Friday, my target was 5378, and we reached it late in the day after buyers gave us 55-point rally. This level is the next key area, and we spent the night consolidating/basing here. Continue holding your runners. As of now: buyers defended 5363 overnight, with 5338-42 being the main support that needs to hold. This keeps 5400, 5414, and 5438 in play. Watch for a dip below 5338.by ESMorg0
OverNight Price Action REview ES 8-12-24Going over the price action from Sunday night open to pre market. looking for clues as to what the market is telling us. only A+ trade setups today. no setup no trade.01:48by BobbyS8130