Choppy all day till 11AM PTLooks like it'll be one of those days until 11 :(
What are your thoughts?
Call trade nasdaq? Curious to know how other sectors are. I only track Mes
ES1! trade ideas
50 50The market structure in the S&P 500 daily chart implies a 50-50 type set up as the market waits for the CPI numbers that will be released on Tuesday.
Stock Index: S&P 500, Nasdaq & Dow Jones Weekly AnalysisBias For This Week:
ES: Bullish Up To $6,468.50
NQ: Bullish Up To $23,845
YM: Neutral
Buyers went into the weekend longThe close on Friday implies that buyers went into the weekend long which is a sign of confidence. The next objective is a close above 6456 on Monday.
Day 5 — Trading Only S&P Futures — +$169, Managing the GrindWelcome to Day 5 of Trading Only S&P Futures!
Today I made +$169 trading ES futures. I was busy so mostly set bracket orders at major levels and let them do their work. The market was a nonstop grind upward, making trading a bit slow.
In hindsight, there was an A+ setup with a triple buy signal and market structure alignment that I wish I had sized heavier on to finish earlier.
📈 What you’ll learn
Using bracket orders to trade during busy days
Recognizing A+ setups with triple buy signals
Managing slow grinding markets with discipline
Key support and resistance levels to watch
⏰ Timestamps
0:00 — Intro & Day 5 Overview
0:30 — Trade Thoughts & Bracket Order Strategy
1:30 — VX Algo Signal Recap
2:30 — Market News Impact
3:00+ — Key Levels for Tomorrow
🔔 VX Algo Signals (9:30am – 2pm EST)
9:35 AM Market Structure flipped bullish on VX Algo X3!
10:50 AM VXAlgo NQ X1 Sell Signal
11:50 AM VXAlgo NQ X1 Buy Signal (triple buy)
📰 News Highlights
S&P 500 rises to end the week, Nasdaq hits a new record as Apple shares rally.
🔑 Key Levels for Tomorrow
Above 6367 = Remain Bullish
Below 6334 = Bearish
ES : Short levelThe level has been activated, so you can short it. I have slightly edited it since last time. It is best to scalp or pips it; I cannot promise any significant movement. Be careful when trading on news or at market close/open.
Review S&P 500 futures weekly chart - 8/8/2025Price is Knocking on the Door of All-Time Highs
The bulls are back in control. Price is pushing above the 6,400 magenta resistance, a level that has capped rallies before — and we’re now testing it head-on. The uptrend from the late-2022 low remains strong, with price riding comfortably above the green moving average ribbon like a surfer on a perfect wave.
The last big pullback in early 2024? It was a clean bounce off the 4,000–4,100 blue support zone, marked by a textbook "Bull Wick" reversal candle. That move lit the fuse for a powerful rally, and the setup now has a similar feel.
Key Levels I’m Watching
Resistance: 6,400 (magenta) – in play right now.
Support: 5,600 (red), 4,300 (blue), and a deeper 3,800 zone (blue).
History shows that breakouts above major resistance here have triggered multi-week runs.
The Indicator Story
MACD: Bullish crossover forming, histogram shifting into positive territory → momentum is building.
Stochastic RSI: Tapped overbought and curling slightly down → short-term cooling possible.
RSI: Near 70, still in bullish territory and not yet screaming overbought.
The Bigger Picture
On the weekly chart, the trend is undeniably strong. Price is above all major moving averages, and momentum is on the bulls' side.
However, with multiple oscillators sitting high, the market might need to catch its breath — either through a small pullback or sideways consolidation — before launching into the next leg higher.
Bottom Line
The breakout is here, but confirmation is key. A strong push and close above 6,400 could open the door to another sustained rally. If the breakout fails, I’ll be watching the 5,600–5,400 range for signs of buyer defense.
OTEUM EXPERT CALL: SP500 – Jackson Hole Fade OTEUM EXPERT CALL: SP500 – Jackson Hole Fade 🏔️🐻
We’re looking for a SHORT(s) in spot and options for a macro swing down into Jackson Hole and the immediate aftermath 📉. Plan is to sell rallies into value (red box), ride the drift lower, and bank along staged targets. After that, we’ll be hunting the first-cut squeeze back up 🏦✂️🚀.
Risk: a surprise dovish leak / policy jawbone that front-runs the cut and squeezes shorts. Size smart, trail tight, don’t overstay.
#SP500 #ES #Macro #JacksonHole #ShortSetup #OTEUM
ES - August 7th Evening Open & August 8th - Daily Trading PlanAugust 7th - 4:10pm - Opening Session - Trade Plan
We had a nice move higher in last night's overnight session and then we sold off at the 6400 level by 10am this morning. While price has found a nice short-term bottom at a key level of support 6333, we also rallied in the last hour to clear the 6368 level that was also the overnight low before we broke below it during the daily session. (I had this detailed in my notes that you can review from my last post and is in the related publications section).
We have pretty clear support & resistance levels we are going to be watching overnight and into the morning session.
Price needs to hold 6365 with 6355 at lowest or we will most likely go back down and retest the 6344 & 6333 levels which have been a magnet this week. IF, price can hold these levels, we should back test the 6378, 6391 and potentially the 6400 level that we sold off from.
We are still in a bullish uptrend and can continue all the way to retest the 6426 level if bulls want to. We have nothing short term to be bearish about until 6315 is tested and failure of this level could produce a larger sell off targeting 6297, 6286, 6250, 6240. IF, price does lose 6315 I will be looking for a reaction at the 6286 & 6252 levels for some points to go back and retest the 6315 area.
I will provide an update before 7am EST tomorrow based on the overnight session price action. Make sure to follow so you get notified when I post my daily trade plan.
ES - August 7th - Daily Trade PlanI posted last night (See related publication link) that "our first support down at 6363 level and an ultra-bull case for tomorrow is to build a flag and break out above 6380 with targets of 6386, 6402+". We exceeded the 6402 overnight high and reached 6427. Since we rallied overnight, one headline could take us all the way back down to 6380 or 6363 which is the overnight low. Last night price built a nice bull flag and consolidated between 6380 - 6390. Ideally, we see price come and back test this area maybe gets to around 6386-88, then reclaim 6390 and then go back up and retest the levels ahead. IF, we don't get a reclaim at this level, retesting the overnight lows and reclaim of 6363 would be a great spot for a level-to-level move.
I never like to chase price and when we get a 60pt overnight move, I will be waiting to see how price moves in the first 30 mins of the NYSE Open. I will add an update around 9:45am. Any dip below the levels in yellow and reclaim of these levels, should give us a move back up the levels.
Day 3 — Trading Only S&P 500 FuturesDay 3 — Trading Only S&P Futures
Daily P/L: -142.87
Sleep: 7 hours
Emotions: Headache & stress from the morning
:thought_balloon: Today’s Trade thoughts:
I made a typo when i was putting some orders in from last night that triggered and started the day -300 so I spent most of today just grinding it back again.
I think going forward, I am going to make a rule to limit myself of only doing 2 MES MAX during night time if i plan to put orders in because it really sadden the mood when you start the day negative.
Overall, today's trading day wasn't that bad, we had bullish structure and AAPL event that carried the market up. I took some shorts at 6355 that didn't work out but eventually made money at the end of the day as i shorted 6375 zones. I have noticed that** max Gamma levels don't truly settle until 11am. **
:bell:News Highlights:
*TRUMP TO IMPOSE ADDITIONAL 25% TARIFF ON GOODS FROM INDIA
:bar_chart: VX Algo Signals (9:30am – 2pm EST):
9:30 AM Market Structure flipped bullish on VX Algo X3! @everyone*
10:20 AM VXAlgo NQ X1 Sell Signal
11:00 AM Market Structure flipped bullish on VX Algo X3!
11:40 AM VXAlgo ES X1 Sell Signal
12:20 PM VXAlgo ES X1 Sell Signal (double sell)
1:40 PM VXAlgo NQ X1DD Buy Signal (double buy)
:chart_with_upwards_trend: Key Levels for Tomorrow:
Above 6332 = Remain Bullish
Below 6315 = Bearish
Buyers have shown upBuyers have shown up in the S&P 500 daily chart. The challenge will be followed through. The next objective to the upside is 6393.
Nq & Es Analysis 06-08-2025 After the OpenAs expected, the first scenario played out — with the Nasdaq pushing higher, pulling back for a retracement, and then targeting the previous day’s high. The only difference was that the S&P 500 initially printed some lows and showed more sluggish behavior compared to the Nasdaq. However, once the market opened and volatility kicked in, price resumed its true direction.
Challenging day overall, with some unusual price action. Still, as you can see, the key levels we shared earlier held up beautifully once again.
See you tomorrow — 30 minutes before the market opens (09:00 AM) NY TIME!
Sideways actionLots of cool between zones more apparent in the 5 minute time frame. No significant news. What are yalls thoughts? I was originally short but my ideal entry keeps teasing me and I took a dumb long. Should have been more patient on my end.
ES- August 6th, 2025 - Daily Trading Plan6315 was yesterday's low and our overnight low. It has been tested multiple times and while typically it would be a great place for a flush and reclaim, it has also been tested and is very weak. IF, price breaks below 6315, we might get a quick pop, but I would rather see us flush down to 6296 or 6280 area and then reclaim 6296 for a level-to-level move and back test the 6315 level. IF, price clears 6315 we can continue to retest the 6333 & 6358 levels. We continue to trade in small ranges and until we can clear 6377 or flush Friday's level of 6240 and recover, it will be tough to find good quality setups. We really need to flush the 6240 level for a nice move back up to retest 6315.
I will update my session plan after 9:30am open.
After the forecast 05-08-2025Just take a look at the previous post I predicted where the price would go and see what happened and the sensitivity to these key levels. The price delivered perfectly on sensitive levels
Neutral zone trade formingThe daily structure in the S&P 500 implies this set up for a neutral zone market environment which means a sideways move. The market is waiting for information to create a directional move.
Day 2 — Trading Only S&P Futures — -$100, Grinding Back from Los Day 2 — Trading Only S&P Futures
Daily P/L: -100
Sleep: 8 hours
Emotions: Good
:thought_balloon: Today’s Trade thoughts:
I rushed into a trade thinking 6330 was going to be a good area of support to buy and oversized my position going 5 mes deep in my first trade and adding 5 more at the 48 min MOB at 6325 and got stopped out at the bottom down -400 and pretty much spent the rest of the day grinding back up.
Overall market seem to have rejected the higher timeframe resistance and deciding which direction to go.
:bell:News Highlights:
U.S. STOCKS END LOWER, VIX JUMPS AFTER WEAK ISM SERVICES DATA
:bar_chart: VX Algo Signals (9:30am – 2pm EST):
— 9:30 AM VXAlgo ES X1 Buy signal
— 9:40 AM VXAlgo NQ X1 Buy Signal
— 9:48 AM Market Structure flipped bullish on VX Algo X3!
— 11:00 AM VXAlgo ES X1 Buy signal (triple buy signal)
— 12:50 PM VXAlgo NQ X1DD Sell Signal
— 1:00 PM Market Structure flipped bullish on VX Algo X3!
— 1:30 PM VXAlgo NQ X1DD Buy Signal**
:chart_with_upwards_trend: Key Levels for Tomorrow:
Above 6332 = Bullish
Below 6310 = Bearish
ES - August 5th/6th Opening Session - PlanI had identified a potential bear flag this afternoon and stated that we needed to lose 6324 to start moving lower with targets of 6306 and 6296. This is still valid, and I anticipate the opening session to start that sell off to these targets. IF, price moves above 6336 before breaking below 6324 then the bear flag will be invalid, and we continue up higher before a pull back.
I plan to update my August 6th Daily Plan by 7am EST. I am hoping we get a nice pull back overnight so we can find some good setups to long for points tomorrow!
ES THOUGHTSES is on the verge of retracing to its monthly 50% correction mark, so my bias is bearish. Price retrace up nicely, looking for shorts to go lower. simple, sweet and short.
ES - August 5th - Afternoon Update1:25pm EST - Afternoon Update.
Price looks to be building a bear flag from the am sell off. This would be validated with a loss of 6323 level and you could look to short down to 6310, 6298. I would take my profit at 6310, as you could get a short squeeze right below or at the 6298 level. As a long ES trader, shorting for 10pts is not my edge. IF, you like to short that would be what to watch for.
I am still looking for a long at 6298 or 6275-77 flush and reclaim of these levels. We need some volatility and we might get some after 2pm today.
/MES S&P Futures (ChopDay)Good morning guys here we have a 4hr ES Futures chart that I created clearly showing you a Yellow dotted bounding box which shows what I call a No Trade Zone / Institutional Liquidity Grab. In simple terms " Dont Trade / sit on your hands "
It seems that we are consolidating and awaiting for market direction either Up or Down, my educated guess is that we may have a little pump but higher probability to the downside based on my studies. You will see wicks above and below the bodies of the 4hr candles, that to me tells a story, what is the story? A day where the market will chop around most likely and take your money it is Bulls too scared to move higher and Bears scared to pull the trigger to the downside thinking they will get trapped but in my eyes the market is overbought and exhausted, it needs a break. Does it mean that it will drop, absolutely NOT, the market can in fact continue to push higher if it wants but in my opinion, it seems that down should be the way at least for the next few weeks or months.
