S&P 500 – Corrective Structure in Progress
Everything is unfolding as planned for TVC:SPX AMEX:SPY OANDA:SPX500USD : after a completed impulse to the downside, we're seeing a complex WXY correction, with wave (y)potentially ending around the 0.618 retracement level and the MA20w.
Currently, wave B of the second leg is developing. Once it's complete, we may see a final push upward before a larger wave C to the downside.
⚠️ Key area to watch: 5780–5840 CME_MINI:ES1! zone for potential exhaustion.
MES1! trade ideas
Daily Trade Recap based on VX Algo SystemEOD accountability report: +$790
Sleep: Great Overall health: :check:
Overall pretty decent trading day, spotted long term sell signals on market across the board this morning pre market so I was expecting thing to be bearish and drop. It played out as expected and helped with the trades today as thing went according to plan most of the time.
I did expect a V shape recovery at some point but that didnt happen.
Daily Trade Recap based on VX Algo System
10:36 AM VXAlgo NQ 10M Buy Signal,( didn't work that well)
1:30PM 10min MOB bounce :check:
2:09 PM VXAlgo ES 10M Buy signal + 10min MOB (Double Signal) :check:
3:36 PM VXAlgo NQ 48M Buy Signal :check:
TRADE IDEAS: ES FUTURES (ESM2025) – 3/26/2025 PLAYBOOK# 📊 TRADE IDEAS: ES FUTURES (ESM2025) – 3/26/2025 PLAYBOOK
## 🟢 SCENARIO 1 (BULLISH)
**DIRECTION:** Long
**STRUCTURE BIAS:** Bullish
**ENTRY LEVEL:** 5,795-5,815 (current zone, buying sell-side liquidity raids)
**STOP LEVEL:** 5,785 (invalidate if hourly close below this level)
**TARGET LEVELS:**
- **Target 1:** 5,880-5900 (Weekly Key High Resistance Level)
**R/R RATIO:** ~3:1 (depending on final execution)
### EXECUTION STRATEGY
- **Entry Confirmation:** Look for price to raid previous unhit weekly lows (sell-side liquidity)
- **Long Entries:** Establish long positions as price successfully raids these lows but fails to sustain below them
- **Stop Placement:** Use 5,785 as a hard stop (hourly close below invalidates the trade idea)
- **Target:** Take profits at 5880 - 5,900 (Weekly Key High Resistance)
### KEY POINTS
- Current price action targeting sell-side liquidity in the form of previous unhit weekly lows
- Wednesday typically not a low/high of week formation day, suggesting potential for continued movement
- Tomorrow's High Impact News Event (GDP at 8:30 AM) likely to create volatility and could accelerate the move
- Bullish structure prevails as long as price maintains above liquidity raid zones
---
## 🔴 SCENARIO 2 (BEARISH)
**DIRECTION:** Short
**STRUCTURE BIAS:** Bearish after bullish extension
**ENTRY LEVEL:** 5,880-5910 (Weekly Key High Resistance Level)
**STOP LEVEL:** 5,9550 (invalidate if hourly close above this level)
**TARGET LEVELS:**
- **Target 1:** 5,740 (Weekly Opening Gap upper boundary)
**R/R RATIO:** ~3:1 (depending on final execution)
### EXECUTION STRATEGY
- **No Immediate Short:** Wait for price to extend to Weekly Key High Resistance Level (blue line ~5,900)
- **Rejection Confirmation:** Look for reversal candles and selling pressure at resistance
- **Short Entries:** Establish short positions once price trades below confirmation level after testing resistance
- **Stop Placement:** Use 5,925-5950 as a hard stop (hourly close above invalidates the trade idea)
- **Scaling Out:** Partial profit near 5,800, hold remaining for potential move to 5,745 area
### KEY POINTS
- After liquidity is taken at the Weekly Key High Resistance (blue line), expect manipulation and reversal
- Short opportunity emerges only after bulls exhaust momentum at key resistance
- Weekly Opening Gap (red zone) remains a significant downside target for next move
- Any sustained hourly close above 5,965 **invalidates** this bearish setup
## MARKET BIAS
- **SHORT TERM (Today – 1 Day):**
- **Bullish** bias as price is likely to find support at current levels and move toward the Weekly Key High Resistance
- Current price action suggests accumulation before a move higher
- Tomorrow's GDP numbers (8:30 AM) represent a potential catalyst for accelerated movement
- **LONGER TERM (1–2 Weeks):**
- After testing the Weekly Key High Resistance level (~5,900), expect a reversal and move back toward the Weekly Opening Gap (red zone)
- Market structure suggests a "liquidity hunt" pattern – first to the upside, then reversing to the downside
- Major liquidity draw currently at the blue line, once exhausted, focus will shift back to the Weekly Opening Gap
$SP500 $SPX Is the bull run over?#SP500 SP:SPX S&P500
Is this just a bull-run retracement or the beginning of a bigger crash?
Is the bull run over?
Every major crash started with an “innocent” 10–15% pullback. 🧐
It’s difficult to draw any conclusions right now, but once the current bounce is over, the next retracement will give us more clues. ⏳👀
Are you bullish or bearish? 🐂 🐻
Daily Trade Recap based on VX Algo SystemEOD accountability report: +$760
Sleep: Bad Overall health: drained
Daily Trade Recap based on VX Algo System
9:50 AM VXAlgo ES 48M Sell Signal ( didn't work that well)
10:10 AM VXAlgo ES 10M Buy signal (Double Signal) :check:
12:47 PM VXAlgo ES 10M Buy signal (Double Signal) :check:
3:30PM doji trade + expecting 48m to flip up
Market stalled a it today as expected because we ran up a lot yesterday,
We did go a bit higher but not much up from yesterday's high.
Overall decent range day if you trade the 1 min MOB.
Spy PathI can see SPY moving this way—a potential relief rally off the unmitigated order block from September that caused the imbalance and the macro Break of Structure (BoS). We've already taken out some key sell-side liquidity at the Equal Lows from October/November (EQL), so there's no immediate need to keep chasing more sell-side liquidity.
If an aggressive buyer steps in, I could see price pushing back up through the Bullish Order Block, retesting the Equal High (EQH) I marked earlier, which would tap into buy-side liquidity. From there, it could reach the bearish order block that caused the imbalance, triggering the Change of Character (CHoCH), and then reverse lower, as it looks we are now in bearish order flow for the timeframe.
ES, Q2 25 - Path to RecoveryCME_MINI:ES1! swept the major liquidity resting below the Sep 24 low and is already starting to show signs of a reversal.
Price could just keep pushing higher, but with a Volume Imbalance, IFVG, and Wickless Candle all lining up in the same zone, it’s a high-probability area for a retracement before any continuation.
From there, I’m expecting a brief accumulation around the weekly FVG, which also aligns with the equilibrium (50%) of this entire leg down.
After that, I’m looking for a break through the weekly FVG, a retracement back into it, then a move higher into the Daily FVG. Another small retracement from there and finally, a push up into the Feb 25 High.
A strong reversal from the weekly FVG would invalidate this scenario and could potentially slow down the recovery.
EWTSU ES1! minuette ii downside to be confirmed
Elliott Wave Trade Set Up
minuette ii downside to be confirmed
price reached strong resistence area 5810/5890
ICHIMOKU shows a buy mood in H4 - BUT kijun sen daily - 5831
EW - pull back looks corrective - abc zigzag - subminuette ii possible extention
FIB levels - 5810/5890
Volume profile - POC still remains in the upper side of the graph
monitoring development
Price climbing with Volume warningsPrice climbed after the bullish headsup we had on Friday
Strong bullish signs:
Strong close with little selling at the top
Closing above LT MA's and daily previous high
Bearish: Volume is not picking up - hint that this is an up reaction but the trend is still down, be careful with longs at this point
ES UpdateMFI bounced even though it did not quite hit oversold, so I bought some AAPL calls and QQQ ETF for my retirement account before the late afternoon pop.
Market gapped down but held it's own the last 2 days, that makes me bullish for next week. Maybe the gap fill is still valid, we'll find out next week.
ES Update - Gap AlertSo this time the market gapped up, lol by like 22 points so that's pretty big. My assumption here is that the market fills the upper gap RSI and/or MFI go overbought and it cycles back down before next Wed's tariff announcements.
PCE gets announced Wed so not shorting anything before then even if MFI and RSI get overbought.
Will post a comment when I see it go overbought, no time to post during the day.
BTW: For people who don't understand what I'm talking about, futures gaps almost always fill, it's not the same as daily indices. If you don't believe me, just go look for opens gaps in the past.
Also, I prefer 3hr charts on US index futures, has worked well in the past.
Daily Trade Recap based on VX Algo SystemEOD accountability report: +$650
Sleep: 🆗 Overall health: feeling drained today.
Health wise, Feeling really tired today, might need to really add red light therapy to my morning process.
Daily Trade Recap based on VX Algo System
11:39 AM VXAlgo NQ 48M Sell Signal (took mes but got stopped out)
12:26 PM VXAlgo ES 48M Sell Signal +NQ 48 sell (made money)
1:30 PM VXAlgo ES 10M Buy signal (avg down at support & made money)
In regards to the market today, we broke over the 48 min resistance yesterday night when market opened and it pushed us into bullish zone,
naturally when market is in bullish zones, it can push hard so you just have to sit back and watch if you missed the entry.
Which was what I did and just waited until we get a sell signal.
ES Futures Weekly Trade Plan & Navigating Turbulent Waters CME_MINI:ES1!
Macro Analogy
The current market landscape and macroeconomic environment can be compared to the dynamics of "sticks and carrots." The market is largely headline-driven, responding to the shifting expectations surrounding the Federal Reserve's stance, political events (such as the ongoing influence of the Trump administration), and sidelined investors who are waiting for a clearer signal on where to allocate capital.
Looking at the market action, the low on March 13th, 2025, could mark a point of sector reallocation. Specifically, the Russell 2000 index is currently leading, with the S&P 500 and Nasdaq trailing behind. This suggests a shift in investor sentiment from large-cap stocks to smaller, potentially more dynamic sectors.
In the backdrop, Federal Reserve speakers scheduled throughout the week may help clarify their position on the evolving macroeconomic situation, notably the persistent risk of stagflation. The challenge for central banks is becoming increasingly apparent: balancing rising inflation, increasing unemployment, and slowing growth while striving to meet their dual mandate of price stability and maximum employment. These pressures are intensifying the difficulty of effective policymaking.
If we liken the US administration to a ship navigating through turbulent waters, the Federal Reserve could be seen as a submarine working behind the scenes to stabilize and support the administration. Chair Jerome Powell, at the controls, is leveraging all available tools to ensure financial stability. Meanwhile, at the helm of the ship is the US President, whose decisions and actions impact the broader economic environment, either calming or exacerbating the turbulence. The new adventures of the Gulf of America have entered uncharted territory.
In this context, last week's actions, slowing the pace of Quantitative Tightening (QT)served as the "carrot," aimed at cushioning the economic pain despite worsening economic forecasts. However, the message that FED sounded was that, due to uncertainty, our forecasts are subject to change. Take them with a pinch of salt.
ES Futures Big Picture:
The ES futures market is currently testing key resistance levels, and this zone will serve as a critical inflection point for both bulls and bears. The next steps will likely hinge on the clarity emerging from both macro events and Fed commentary.
Key Levels to Watch:
• Yearly Open 2025: 6001.25
• Key LIS (Last Important Support/Resistance): 5850–5860
• Low Volume Node (LVN): 5770–5760
• Neutral Zone: 5705–5720
• Key Support Mid-Range 2024: 5626.50
• 2024-YTD mCVAL (Market Composite Value): 5505.25
• 2022 CVAH (Composite Value at High): 5341
Scenario 1: Rejection at Key Resistance
In this scenario, we expect rejection at the key LIS levels, with further consolidation below the 5850–5860 range before the April 2nd reciprocal tariff deadline. This could lead to a retracement back toward the LVN area (5770–5760) and a potential drop to the neutral zone around 5705–5720.
Scenario 2: Market Participants Expecting Less Severe Tariffs
Should market participants anticipate less severe reciprocal tariffs than initially planned, but remain uncertain about the broader macroeconomic picture, we could see the price push above the key LIS levels. This would likely result in a consolidation phase until more clarity emerges, with the market continuing to trade in a volatile range above key LIS.
OTEUM EXPERT CALL: SP500 Intraweek Grind Up?We’re eyeing a grind-up on SP500 to start the week 📈—expecting a weak move, but a solid one. No need to rush; we ride it safely 🦺 with tight risk management, especially with the random White House tweets looming and more tarrifs coming soon 🕊️💥.
Stay nimble, stay sharp 🦅, and let’s see if we can squeeze some green out of this one!
#SP500 #Intraweek #GrindUp #RiskOn #OTEUM
ES - continue with the UptrendOn ES , it's nice to see a strong buying reaction at the price of 5722.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
(FVG) - Fair Value GAP and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
ES1! Short Term View With price rebounding from the 61.8% Fib (~5516) and now hovering near the 38.2% Fib (~5758), the market is at a critical juncture. If buyers maintain control above 5637, we could see a continued push higher, first testing 5758, then potentially on toward 5907+. On the flip side, failure at these resistance levels could prompt a deeper retracement back into the high‐5500s or lower. Always watch volume and price action near the key Fib confluence zones to gauge the next directional move.
Trading Scenarios (Week of 23rd March) :
Bullish (Primary): As long as the market holds above ~5637 on pullbacks, the bias remains upward, targeting a retest of 5758 and potentially higher toward 5908.
Bearish (Secondary): A firm close below 5637 re‐opens the door to 5514–5516. A break below that “golden zone” would negate the short‐term bullish structure and could send ES toward the larger swing low at ~5114.
Weekly Market Forecast SP500 NASDAQ DOW: Short Term BUYS!In this video, we will analyze the S&P 500, NASDAQ, AND DOW JONES Futures for the week of March 24 - 28th. We'll determine the bias for the upcoming week, and look for the best potential setups.
The equity markets have been choppy lately, but this week may be different. The economic calendar shows a smooth week ahead, as there are no NFP, FOMC, or similarly volatile news ahead to potentially reverse a market out of the blue. The indices show potential to break consolidation and move upwards. So we wait until there are definitive market structure shifts to occur, acting as confirmations.
Only then do we pounce!
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.