Getting ready for potential volatile weekBuyers returned early in the daily Asia session in the S&P 500 futures market. The expectations for further movement to the upside but not a dramatic move for Tuesday. The next objective to the upside is 6115.02:19by DanGramza1
ES/SPX Morning Update Feb10thThe past 3 Sundays have been similar: a gap down set up a Failed Breakdown long where we planned. As mentioned in the plan Sunday, the Failed Breakdown of Wednesday’s 6020 low was triggered at 6 PM yesterday giving buyers a nice long, especially after reclaiming 42-43, with targets of 6056 and 6070—and both were reached. • Next targets are 6086, 6093, and 6109+ • If the 6066-70 zone fails, expect a dip toward 56, then 42 by ESMorg1
MES1! weekly analysisMonday Morning Analysis - Weekly News Numerous JPOW pressers Inflation PPI Retail Technical MA's have yet to turn bullish RSI above 50 Price well above VWAP Price Action Supply Resistance between 6112 - 6085 Accumulation support 6022-6009 Current Up-trend Displayed Change of Character (CoC) at Sunday night open, with a large gap down breaking the trend. Analysis With upcoming news releases and no change on the tariff discussions, extremely bullish action seems unlikely. Look to sell - Target 6085-6111 Look to Close around 6016by WillNixTrading0
MyMI After-Hours Update: S&P 500 Potential Pullback?As the White House proposes 25% Tariffs on Steel and Aluminum imported to the US, and with the current resistance we're seeing around the $6069 Price Level, we're now looking for a potential pullback as more import duties are to be included along with Steel and Aluminum come Tuesday / Wednesday of this week. If we do see a pullback, we're looking to see if it break support on the 50% Retracement and even further below are the $6021 Price Levels, but even more so, the $5960s. Going to be an interesting one to watch! Stay connected by registering your FREE account on our website to access even more resources and tools to improve managing your financials and investments. LINK IN BIO!Shortby MyMIWallet111
Market Outlook for Week 7 (US):Upcoming Week Economic Events & Data Releases (February 10-16, 2025) The coming week will bring several crucial economic events and data releases, which could significantly influence market trends and investor sentiment. Below are the key events to monitor: Key Economic Events & Data Releases U.S. Consumer Price Index (CPI) Report (Tuesday, February 13, 2025) Time: 8:30 AM EST The U.S. CPI report will provide insights into inflation trends, with investors particularly focused on whether inflation remains elevated or continues to ease. A higher-than-expected reading could reinforce concerns over persistent inflation, while a lower print could support risk-on sentiment. U.S. Retail Sales Report (Wednesday, February 14, 2025) Time: 8:30 AM EST The retail sales data will offer an important gauge of consumer spending trends, a key driver of economic growth. A stronger-than-expected report could indicate that consumer confidence is holding up, while a miss could signal weakening demand. Bank of England Interest Rate Decision (Thursday, February 15, 2025) Time: 7:00 AM EST The Bank of England is expected to maintain its current interest rate, but any commentary on future rate hikes or economic outlook could impact the British pound and bond markets. U.S. Initial Jobless Claims (Thursday, February 15, 2025) Time: 8:30 AM EST The jobless claims report will offer the latest data on the U.S. labor market. Any surprise spike in claims could fuel concerns over a slowdown in hiring or a potential recession. Major Corporate Earnings Reports A range of companies, particularly in the financial and consumer discretionary sectors, will report earnings next week, including JPMorgan Chase, Goldman Sachs, and Home Depot. These reports could provide insights into the health of the broader economy and consumer sentiment. Market Implications Equity markets will likely remain sensitive to any economic data that may signal a shift in growth or inflationary pressures. Strong retail sales or a cooling inflation report could boost investor optimism, while any signs of weakening consumer demand or elevated inflation may prompt risk aversion. The bond market may experience volatility based on the CPI report and retail sales data, potentially influencing Treasury yields. The U.S. dollar’s direction will be influenced by the inflation data, jobless claims, and retail sales report. A stronger dollar could arise if inflation remains sticky or if economic growth expectations falter. Volatility could spike in sectors sensitive to economic conditions, including retail, consumer goods, and financials. by EdgeTools0
Understanding Fibonacci In TradingUnlock the secrets of Fibonacci and its powerful applications in trading. Learn how to use Fibonacci tools to identify optimal entry and exit points, manage risk, and refine your trading strategies. While many traders are familiar with basic Fibonacci retracements, this guide will also explore advanced techniques and lesser-known concepts. 📚 The Foundation of Market Geometry 🔢 What is Fibonacci? The Fibonacci sequence is a series where each number is the sum of the two preceding ones: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34... This mathematical principle, introduced by Leonardo Fibonacci in Liber Abaci (1202), is foundational to nature, architecture, and financial markets. The key ratio derived from this sequence is 1.618, known as the Golden Ratio. ✨ The Golden Ratio and Market Significance The Golden Ratio (1.618) and its inverse (0.618) appear frequently in natural patterns and price movements. In trading, these ratios help determine potential support and resistance levels. Other critical Fibonacci-derived levels include: 0.236 (23.6%) 0.382 (38.2%) 0.5 (50%) (not strictly Fibonacci but widely used) 0.618 (61.8%) 0.786 (78.6%) 📊 How Fibonacci Became a Trading Tool Traders noticed that price movements often respect Fibonacci levels, leading to the creation of Fibonacci-based tools: 📉 Fibonacci Retracement: Identifies potential reversal zones during pullbacks. 📈 Fibonacci Extension: Forecasts potential profit-taking levels. 📐 Fibonacci Arcs, Fans, and Time Zones: Advanced tools for multidimensional analysis. Circles Fans 🛠 Applying Fibonacci in Trading 📍 Step 1: Identifying Swing Highs and Swing Lows Choose a clear trend and mark: Swing High (peak before price declines) Swing Low (trough before price rises) 📏 Step 2: Using Fibonacci Retracement Levels On platforms like TradingView, apply the Fibonacci tool: Uptrend: Draw from Swing Low to Swing High. Downtrend: Draw from Swing High to Swing Low. Key retracement levels act as support or resistance zones. 🚀 Advanced Fibonacci Concepts 🎯 ICT Optimal Trade Entry (OTE) Zone A modern adaptation of Fibonacci, OTE focuses on the 0.618 - 0.786 retracement zone. 📊 Bullish Setup: In an uptrend, the price pulling back into the OTE zone signals a high-probability long entry. 📉 Bearish Setup: In a downtrend, price retracing into the OTE zone suggests a shorting opportunity. 💎 The Golden Pocket The zone between 0.618 - 0.650 is known as the "Golden Pocket." This is a prime area where the price often finds strong support or resistance before continuing its trend. ⏳ Fibonacci Time Zones While most traders focus on price-based Fibonacci levels, Fibonacci Time Zones can predict when significant price movements may occur. These vertical lines are placed at Fibonacci intervals (1, 2, 3, 5, 8...) from a significant market event. 🔄 Fibonacci Confluence When multiple Fibonacci levels align with other indicators (trendlines, moving averages, pivot points), it creates a Fibonacci Confluence Zone, strengthening the probability of a reversal or continuation. 📊 Fibonacci Clusters Traders can plot multiple Fibonacci retracements/extensions on different timeframes. Overlapping levels suggest a high probability reaction zone. 📌 Combining Fibonacci with Other Tools Fibonacci analysis is most effective when combined with: 📉 Candlestick Patterns: Confirmation for reversals or continuations. 📏 Trendlines & Moving Averages: Validate Fibonacci levels. 📊 Volume Analysis: Gauge strength of reactions at Fibonacci levels. 🧠 ICT Strategies: Incorporate Fair Value Gaps, Inversion Fair Value Gaps, Breaker Blocks, and Order Blocks for precision entries. 📍 Practical Applications of Fibonacci ⚡ Scalping: Use Fibonacci on lower timeframes (1m, 5m) to identify intraday opportunities. 📈 Swing Trading: Combine Fibonacci retracements with trend analysis for multi-day trades. 💰 Long-Term Investing: Apply Fibonacci tools on weekly/monthly charts to pinpoint major turning points in the market cycle. 🏆 Key Takeaways Mastering Fibonacci enhances your ability to: Identify optimal entry and exit points. Manage risks with precision. Gain deeper insights into price movements. By integrating Fibonacci with other trading strategies, you can refine your approach and improve decision-making. Start experimenting with Fibonacci tools today on TradingView and elevate your trading strategy!Educationby CandelaCharts10
07 February 2025President Donald Trump said he would soon announce a plan on reciprocal tariffs on American imports. The major averages flipped into red territory this morning after US consumer sentiment sank to a seven-month low in early February. Inflation expectations jumped amid concerns about Trump's tariff threats. Americans now expect an inflation rate of 4.3% over the next year, a full percentage point higher than last month, the University of Michigan survey found. The 10-year Treasury (^TNX) yield rose to a session high of 4.5% in the wake of the sentiment update and the monthly jobs report. That report saw US economy added 143,000 jobs in January, missing economist expectations, but still showing signs of resilience in the labor market. Unemployment ticked down to 4.0%, from 4.1% in December.Shortby cyfoo111
MES!/ES1! Day Trade Plan for 02/07/25MES!/ES1! Day Trade Plan for 02/07/25 📈6148-6154 📉6075-6068 Like and share for more daily ES/NQ levels 🤓📈📉🎯💰 (💎: IF THERE IS NOT MUCH VOLATILITY; FOCUS ON ZONES VERSES INDIVIDUAL PRICE 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.* by J3Trad3sUpdated 2
Sellers entered the market on FridaySellers entered the S&P 500 market on Friday which implies profit-taking from buyers or the market has gotten overvalued and new sellers are entering. I am not looking for a dramatic move down or up on Monday but rather a inside only slightly lower movement from Friday's low.02:26by DanGramza114
MES!/ES1! Day Trade Plan for 02/06/25MES!/ES1! Day Trade Plan for 02/06/25 📈6132-6140 📉6060-6050 Like and share for more daily ES/NQ levels 🤓📈📉🎯💰 (💎: IF THERE IS NOT MUCH VOLATILITY; FOCUS ON ZONES VERSES INDIVIDUAL PRICE 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.*by J3Trad3sUpdated 2
ES Morning update NFP at 8:30Yesterday was choppy in ES, yet key levels held with precision. Both 6087 and 6070 provided solid support—with 6070 holding exactly—which kept the market on track to reach 6105. As of now: • NFP at 8:30; hold the runner • No change: 6087 and the weaker 6066-70 zone must hold to keep 6109, 6116, and 6130 in play • If support falls below 6066, sell down to 6043by ESMorg1
Bullish bias set upThe price structure on Thursday including the beginning of the Asia in the daily session of the S&P 500 implies a market going into Friday labor numbers with a bullish bias. If this is true that buyers are here, a close above 6120 would be an indicator of confidence in holding a long position going into the weekend. This would mean further follow through on Monday would be expected.01:37by DanGramza4
interesting support and resistancelooks like clear support and resistance, go short, or go long, wait for a retest, and look for a big move at the time of support or resistance is brokenby massiveKing887650
ES/ Morning Update Feb 6thYesterday morning, ES triggered longs with the reclaim of 6037. The targets came in perfectly—6056, 6076, 6087, and 6105 were all hit, with the final target reached overnight. I emphasized in my daily summaries for the previous couple days the importance of letting the trade run instead of over-managing, and that approach remains in effect today. As of now: • 6086 is holding as support • This level keeps 6105, 6115, and 6130 in play • If 6086 fails, expect a dip to the 6066-6070 zoneby ESMorg1
Thursday set up for Friday employment numbersThe expectation is that Thursday will be a set up for the employment numbers on Friday. An ideal close on Thursday would be a close above 6115.01:34by DanGramza2
AMP Futures - How to set alerts for your WatchlistIn this idea we will demonstrate how to set alerts for your Watchlist.Education03:47by AMP_Futures8
I'll think I'll wait for a Trump Truth Social Tweet bomb.....We are approaching big figure resistance,1st support at 6065-70,better at 6035-38 and critical support down at 6020, a hourly close below 6020 might see a quick plunge to 5930. We need to shift the angle of this rally upwards out of the current channel to accelerate beyond 6130-40 and then we can look at ATH and then the top of the megaphone pattern.by pauljmoran600
The S&P mini looks like it's going to trade higher February 5th 2025 yesterday I thought the es was going to go higher and it did.... but it didn't go much higher and It reversed before I would have hit a Target. and I would have been stopped out because I would not have liked the risk. today the recuperated from approximately 50 point correction lower and now it looks like it's going to trade higher. this would be a scalp trade up and they would not think of it as a market that's going to make new highs which is possible... but I personally believe the markets going to be it treacherous for buyers at some point. are a couple of things I wish I articulated more clearly but it gets tougher as I get older. I almost didn't post this video..... but I decided to post because I know the Market's going to move at least a little higher and I'll make it a point to do a shorter video perhaps tomorrow and I will clarify some things that I meant to with more clarity.Long39:06by ScottBogatin5
MES!/ES1! Day Trade Plan for 02/05/25MES!/ES1! Day Trade Plan for 02/05/25 📈6067-6069 ; 6107-6109 📉6030-6027; 5990-5987 Like and share for more daily ES/NQ levels 🤓📈📉🎯💰 (💎: IF THERE IS NOT MUCH VOLATILITY; FOCUS ON ZONES VERSES INDIVIDUAL PRICE 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.*by J3Trad3sUpdated 2
The Leap by CME Group: TradingView ShowWelcome back, traders! In today’s episode of The TradingView Show, we’re joined by Craig Bewick, Senior Director of Client Development and Sales at CME Group. With nearly 30 years of experience in futures and options, Craig has a wealth of expertise, from risk management and technology at CBOT and CME to product development and client engagement. In this episode, we’re diving into The Leap – a month-long, risk-free trading challenge that pits global traders against each other to maximize profits on a special paper-trading account. This is your time to learn futures and explore sophisticated trading strategies for cash prizes without needing to deposit anything. This round focuses exclusively on futures trading, with some of the most actively traded CME Group contracts at the core of the competition. Traders will be going head-to-head on assets like crude oil, gold, Bitcoin, and equity indices – a prime opportunity to refine your futures strategies and get hands-on with the dynamics of the market. As for prizes, there’s something for everyone: 250 awards, including cash and plan extensions. Let’s take a closer look at this time’s spoils. 1st place — $3,000 2nd place — $1,500 3rd place — $1,200 4th place — $1,000 5th place — $800 Places from 6th to 25th — $500 Places from 26th to 50th — $300 Places from 51st to 250th — 6 more months of your current plan About CME Group CME Group is the world's leading derivatives marketplace offering active traders access to futures and options across equities, commodities, crypto, FX and rates. With micro contracts, traders can gain precision and more control over their exposure, accessing more trading opportunities. About CME Group Education Whether you’re experienced at trading or building your foundation of knowledge, CME Group provides free education courses and tools that can help you stay ahead. Search for CME Institute or click on the link in the show description: www.cmegroup.com01:04:47by TradingView66110
OTEUM EXPERT CALL: SP500 POTENTIAL INTRASESSION LONGWatching E-mini S&P 500 Futures (Mar 2025) for a potential long entry sub 6,040. Key value area intrasession marked—waiting for price to confirm before pulling the trigger. Targets set at TP1, TP2, and TP3, with a well-defined SL below structure. No entry yet, but it's on our radar! 🚀 #Trading #SP500 #Futures #OTEUMLongby Karel_OTEUMUpdated 220
ES Morning Update Feb 5thAfter a noisy start earlier in the week, ES has settled into a consolidation phase. Yesterday’s strategy was simple: as long as 6020 remained intact, 6066 was the target. The market surged to 6066, held throughout the session, and then retraced back to 6020 overnight. As of now: • A reclaim of 6037 should push the market toward 6056, with a brief dip along the way • If this rebound holds, targets are set at 6076 and 6087+ • A leg down is expected only if the price falls below 6004by ESMorg2
Trying to digest what is going on.I think the S&P 500 is trying to digest the political and geopolitical environment. Structurally the bias is for move higher. However, I am looking for in an inside day for Wednesday as the market tries to sort out what is going on.01:15by DanGramza2