Get started
S&P 500 E-mini FuturesS&P 500 E-mini FuturesS&P 500 E-mini Futures

S&P 500 E-mini Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts Options

ES1! trade ideas

Combined US Equities - D-Day +1on 31 July, heads up given about D-day. That was based simply of a few compelling technical factors observed. Outcome was that there was a blow out rally, followed by an awesome Dark Cloud Cover and then a confirmation bearish candle that gapped down and tanked the week to a low. The spike in volatility was just so awesome and it caught many off guard, unfortunately. Technical indicators were previously mentioned to be bearish already and now it is very evidently so. Projecting further using supports and TD Sequential, it is also evident that by breaking below the support that closes the gap too was so critical... it broke the TDST support as well. This means that the TD Sequential trend is now bearish, with an expected one bearish week to go. So all together... a significant technical breakdown. Some bounce expected, but week ahead looks bearish. Projected target marked (red ellipse). Take care!
CME_MINI:ES1!Short
by Auguraltrader
NEW INFORMATION REFLECTED IN FORECASTOver the last three weeks, sellers have been aggressively selling, creating a pretty clear three wave corrective structure with a possible target of 5300 support. Daily RSI is cooling substantially as price nears that zone, indicating a possible change of behavior may be coming. When combined with the weekly divergences, the evidence suggests that we are likely still in a intermediate (yellow) degree wave three and it’s target needs to be pushed higher toward the 6000 zone. This is even more evident when analyzing the lack of divergences on the monthly chart. With all evidence considered, the market is in for some large swings, but still positioned bullish on a higher degree.
CME_MINI:ES1!Long
by BlueLineTradingLLC
ES Ascending WedgeES has a steep ascending wedge here on the 15m that is heading straight into trendline resistance. This trendline above is critical, it is the uptrend from the April lows that was recently broken below. This is the first retest, and with the wedge I expect at least a small rejection. I'd say it's likely we'll see a big rejection, but if we don't I'll probably be looking for longs tomorrow. This is a critical moment here, everything is on the edge and I think this week could determine direction for the next 3-6 months.
CME_MINI:ES1!Short
by AdvancedPlays
2024-07-31 - priceactiontds - daily update - sp500Good Evening and I hope you are well. comment: The bull trend line around 5430 held and market bounced for 150 points since yesterday. The 50% pb from this recent sell off was 5578 and today’s high was 5588, while closing at 5556. Tells you that market is respecting the 50% pb and could not close the month above it, which is good for the bears. Where does this leave us going into August? Absolutely neutral imo. Bear trend line is broken and the big bull trend line held. Bulls want a retest of 5700 and bears to stay below the 50% pb and sell off again, because at this angle they have a decent channel downwards to 5000. My channel on the chart was drawn last week. current market cycle: Trading range until 5500 is clearly broken. key levels: 5400 - 5600 bull case: Bulls had the expected bounce and yesterday I said the selloff after hours was most likely a bear trap. So it was and bull want to keep the momentum going and closing the bear gap to 5640 next. If they can close that, they will most likely also retest 5700 but as of now, they could not close above 5600 and are under the 50% pullback. Had they closed the month above 5600, I would be much more bullish going into August. Invalidation is below 5540. bear case: Bears kept it below the 50% pb, around the daily ema and technically bulls just got a breakout retest of 5560. The selling into today’s close was strong enough to not expect an easy melt up through 5600 tomorrow. Bears also have going for them, that with this lower high, they have formed a proper channel, which could lead us to 5000 over the next months. 5570ish is the current price and the worst place to trade. Can go either direction and I will wait for strong momentum to either side. Invalidation is above 5600. short term: Neutral af. medium-long term: Bearish. We will see 5000 over the next weeks again and 4600 over the next 12 months. Will update this time and price wise over the weekend but I expect to at least see 5000 over the next months in 2024. —unchanged
CME_MINI:MES1!
by priceactiontds
ES with a YUGE green candle. See you at new all time highsThe bullish strength here is evident from candle spread, volume price BOTTOMS (July 19, 25, 31 Daily candles) With the July 25 candle showing the wick (wycoff 'spring') Can't be taking shorts at the bottom that's for sure, but you also don't wanna be shorting every new all time high. Best route? Probably something that has more patience (expiry if options) and playing the long side Weekly chart also shows strength, from the similarity to Jan2 and Jan8 Weekly candles, to the gap fill we just did. The trend is your friend as they say.
CME_MINI:ES1!Long
by sully357