Day 14 — Trading Only S&P Futures | Powell Speech CautionWelcome to Day 14 of Trading Only S&P Futures!
Today was a major event day with Powell’s speech on deck, so I played it cautious. With the market under my posted levels and a lot of quick signal flips, I avoided rushing in. Instead, I waited for high-probability setups at major moving average levels and focused only on clean entries.
That patience paid off, wrapped up the day with +187.94 while avoiding traps in choppy conditions.
🔑 Key Levels for Tomorrow
Above 6435 = Flip Bullish
Below 6420 = Remain Bearish
ESM2024 trade ideas
ES - August 18th - Daily Trade Plan3:30am EST - Daily Trade Plan Update
We had a tight range between 6467-6484 overnight and price broke the overnight low and have found buyers at the 6462 level. Pretty straight forward from here. We need to clear 6472 to retest the overnight high. IF, price loses 6460 we will most likely retest the 6453 level which was Friday's low. We would then be looking for a nice reclaim of this level to move higher. IF, price does not reclaim the 6460 level on the back test, we will most likely keep moving lower with 6429, 6408, 6390 are the next levels below with 6390 the weekly low from last week and should see a good pop back up the levels above. We can't keep moving higher unless we reclaim 6472 level.
Initial Plan below - Also can be seen in the related publication section to the right.
Our first support down is 6462 then 6453. Ideally, we can flush one of these levels, reclaim and move higher with this week's targets being 6522, 6540, 6562, then 6588.
IF, price does pullback and can flush either 6452, 6426, 6390 as key areas to be tested and try to keep the bullish trend in play. IF, we lose 6390, that would be concerning in the short term, and price will need to find another yellow support line below for a reclaim back up the levels.
Above 6390 and we should continue up the levels of 6522, 6540 with very bullish case up to 6588.
I have posted my weekly view and can be viewed by clicking the link under related publications. We did meet our weekly targets last week as discussed in the weekly plan.
ES - August 22nd - Daily Trade PlanAt 6am EST -yesterday's trade plan I wrote " My lean is that IF, we cannot break above 6420, we have a high probability of retesting yesterday's 6362 low." The high of the day was 6412.25 (10am on 15 min) and the low was bought up at 6370.25 (1:15pm on 15 min).
At 10:22am EST - I stated that "We could easily chop around between 6420-6385 for the rest of the day and into tomorrow" We did chop around in that general zone and we did until we lost 6385 and recovered in the afternoon.
Before I get into the overnight session and today's plan. Take a look at ES on a 4hr, 6hr, 8hr Chart and you will see the past 2 days institutional buying at the 6362-69. Massive wicks show support for this range. WHY is this important? It helps us understand what the big $$ are doing. This also will become in the future a potential major level that will continue to be bought up or will be an area we see a flush lower. Always zoom out and see big picture of what could be happening.
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4:30am EST - August 22nd - Daily Trade Plan
Solely based on the "Big Picture" (8hr Chart) we are still in a bullish trend. We are not going to change trend until we lose 6245. You can also see a potential head and shoulders pattern building with 6468 being the left shoulder, 6508 being head and we can potentially expect 6468 being the area the right shoulder could build towards.
IF, you have been reading my daily trade plans, you will remember that I said on the "August 19, Big Picture View of Price" (See in related publication section to the right) "You can see that on July 31st we hit 6468.75 and price sold off nearly 225 points and buyers stepped back in on August 1st at 6245 and the cycle begins with selling at resistance and buying at supports of 6315, 6333, 6390, 6453-6456. WHY has price been very choppy in this 6456-6472 area? Price is either accumulating or distributing, but we never know until price loses a big support or resistance."
While I do not predict patterns or what price will do today, tomorrow or next week. I just look for clues and then plan what levels I want to see flush and recover to follow the institutions.
Let's talk about today's plan and discuss what areas we want to see opportunities to grab some points. We have had a high of 6399.25 and 6364.50 as our high and low of the overnight session. Price still needs to clear 6420 to continue up the levels in yellow with 6468 eventually being initial target area for the next potential sell off. Price will go back and forth and chop up retail investors until the institutions have distributed enough to let price just flush down to a level they want to step back in and the cycle repeats. I missed the overnight flush of yesterday afternoon 6370 low (2:30am) and now price is coming into the overnight session resistance of 6399.25.
I need to identify either a move to retest 6412, back test 6399 and then buy on the support for a move to test 6420. Ideally, we could sell off back to the 6364 level or even better 6350, scare retail investors and then wait for a reclaim of 6364 to get back in and ride up. There is a Fed Meeting in Jackson Hole, and I expect some volatility after the NYSE open. I will be patient and wait until after the open to determine what price is doing and where there are good opportunities to enter either by a flush and reclaim of a level or a move higher and back test.
Be patient today, it could get volatile and it's better to wait for good setups to enter. My ideal scenario is waiting for one more good flush of 6364 and reclaim with a rally into the weekend and setting up for an end of month week into Labor Day holiday!
S&P 500 (ES1!) : Time For A Pullback From The Highs?In this video, we will analyze the following FX market for the week of Aug 18 - 22nd:
S&P 500 (ES1!)
The S&P 500 hit ATHs again last week, but the last three trading days were narrow in range. Friday was a bearish close.
There is an untested Weekly and Monthly +FVG that price would potentially rebalance before going higher.
I believe this will be the draw on liquidity next week.
Enjoy!
May profits be upon you.
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Day 13 — Trading Only S&P Futures | +$131 Relief BounceWelcome to Day 13 of Trading Only S&P Futures!
Today I thought we might get a relief rally after the market bounced off 6410. I took the 9:30 long signal but got stopped out as the market broke down further. Instead of forcing trades, I waited for cleaner setups and caught small bounces off 6388 and 6374.
When my second attempt at 6374 failed, I stayed patient. By 11:20 we finally got buy signals, plus confirmation with doji and BFC candles. That’s when I went long, rode the bounce, and wrapped up the day with +131.49.
Overall, a solid day where patience paid off.
📰 News Highlights
S&P 500 FALLS FOR A FOURTH DAY, NASDAQ POSTS BACK-TO-BACK LOSSES AS TECH SHARES EXTEND SLIDE
🔔 VX Algo Signals (9:30am – 2pm EST)
8:00 AM Market Structure flipped bearish on VX Algo X3!
9:30 AM VXAlgo NQ X3 Buy Signal
9:32 AM VXAlgo ES X3 Sell Signal
11:00 AM VXAlgo ES X1 Buy signal (double signal)
12:00 PM VXAlgo NQ X1DD Sell Signal
12:16 PM Market Structure flipped bullish on VX Algo X3!
1:40 PM VXAlgo NQ X1DD Buy Signal
🔑 Key Levels for Tomorrow
Above 6445 = Flip Bullish
Below 6430 = Remain Bearish
Day 15 — Trading Only S&P Futures | +$121 Rate Cut RallyWelcome to Day 15 of Trading Only S&P Futures!
Running on only 3 hours of sleep, I knew today wasn’t the day to overtrade. With two major events at 10am and 12pm, I kept it simple — placed my basket orders, let the setups work, and went 2-for-2 green. Locked in +121.69 and wrapped it up by noon.
Sometimes the best edge is knowing when not to force trades.
📰 News Highlights
STOCKS SURGE TO END THE WEEK, VIX PLUNGES AFTER POWELL OPENS DOOR TO RATE CUT IN JACKSON HOLE
🔑 Key Levels for Tomorrow
Above 6415 = Remain Bullish
Below 6405 = Flip Bearish
ideia para o S&P500 18/8Price made a new lower this morning on a 2H, but on a LTF its a balanced buy, theres no agrressive or FVG in a LTF. my key level for buys is the price keep above the last agressive buy and old time high on 6.470 that coincidently and probably will be the VWAP. If the price goes above and rejects 6.470, i'll think on sell.
ES - August 21st - Daily Trade Plan - 15 min Chart 6:14am EST - I posted my original plan on the 30 min chart and wanted to post on my typical 15 min chart.
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I wrote a post on August 19th - Big Picture View of Price - You can see it in the related publication section to the right along with yesterday's trade plan that triggered a great short squeeze.
I wrote on August 19th - "6468 was the level that sold off in late July. Could this be the same level that causes another big sell off? I have NO idea, that is not my job.
I find levels that institutions step in and buy/sell at. I follow the institutions footprint and enter trades using my edge at predefined levels." - What happened the past 2 days of trading? We lost 100+ pts and institutions stepped in at 6362 for a short squeeze yesterday.
What will happen today? I have NO Idea, that is not my job. It is to find levels that institutions are accumulating and follow them when price goes up. When ES flushes like yesterday, you have to get out the way and let price reclaim a level above and enter and ride along. Every trader has their own entry and exit strategy. That is more important than just finding levels, unless you are a scalper!
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August 21st - Daily Trade Plan - 6am EST
Overnight price has been trading in a tight range between 6400 and 6420. IF, we are going to continue higher we need to reclaim 6420 and work up the levels with 6438, 6454 being the top targets above. Ideally, we see price flush 6400, recover and we can enter to move back up the range. IF, price cannot reclaim 6400-03, we will need to find support below at one of the levels in yellow (6384, 6373, 6362), reclaim and work back up to retest the 6400-03 level.
My lean is that IF, we cannot break above 6420, we have a high probability of retesting yesterday's 6362 low. IF, we cannot clear 6384 from below, I will be looking for reactions at 6349, 6342, 6333, for another squeeze higher.
After yesterday's flush, there will be FOMO from retail traders, and they will think the next short will be another 50+pts. We could easily trap shorts and snap back very fast at any of the levels below.
I will post an update at 10am EST.
ES - August 20th - Daily Trade PlanYesterday, we followed the trade plan, and the levels were very well respected. You can find this under August 19th Daily Trade Plan - Also link to the right under related publications.
August 20th - Trade Plan - 5:35am EST
Overnight session high was 6438.25 and the low was 6408.75. This 30 pt zone has been consolidating overnight and we need price to flush the overnight low and reclaim or we need to clear the 6438.25 level, back test and then enter for a move to 6454 as first resistance level to take profits.
IF, we cannot flush and reclaim 6408, the next levels we are looking for price to react at are in yellow below, with a reclaim of the 6408 level being bullish. I like 6391 as best next level to flush and reclaim for a back test of 6408 and potentially move up the levels. IF, price is selling off and we do not reclaim 6391, 6369, 6350, 6333 are other key levels to look for price to flush and reclaim the next immediate level above price at that time.
I will post an update at 10am EST based on the NYSE open.
ES - August 19th - Daily Trade PlanLast night I wrote a post "ES-August 19th- Big Picture View of Price" and you can find it in the related publications to the right.
I said " You can see that we are in a range of 6452-6508. IF, price loses the support of 6452, we will probably need to test 6390 or below. IF, price can regain control above 6472-76, we should retest 6508 then 6522, 6541."
At 6:15pm in the opening session we popped to 6476.75 and rejected. I had mentioned yesterday that 6476 was a massive resistance. As I type this at 2:01am EST price has come back down to the bottom of the range at 6454 with the European open coming up in the next hour.
I also stated last night the following " Without a catalyst, news or some other reason, price will most likely just continue to chop around overnight between 6453 - 6485. We need price to flush a lower level like 6450-53 to continue higher. IF, price loses that level and can't clear 6473-76, I believe we could continue lower pretty fast in which I would get out the way and let price build a new support level and reclaim the next level in yellow above that price."
Price is still chopping in this range and I anticipate a move out of the range today, one way or another. Today's levels have not changed since yesterday's trade plan. You can see the related publication to the right.
We have had a tight range between 6454-6477 overnight and price broke yesterday's low and is currently trying to move higher. Pretty straight forward from here. We need to clear 6465 to retest the overnight high at 6477. IF, price loses 6450-53, We would then be looking for a nice reclaim of 6461 level to move higher IF, price does not reclaim the 6465 level on the back test, we will most likely keep moving lower with 6439, 6426, 6409, 6390 are the next levels below with 6390 the weekly low from last week and should see a good pop back up the levels above. We can't keep moving higher unless we reclaim 6477 level.
We could continue to chop around today until a news catalyst breaks the range and moves us one way or another. As I have stated, I like price to flush 2-3 levels, scare the retail trader, then short squeeze higher. The yellow levels should help you navigate price and a reclaim of a level is a good way to get a quick 10+ pts to the next level.
ES - August 13th - Daily Trade PlanWe built an overnight base between 6462 and 6475. We broke out of this and have grinded higher into the 6484 target we have been looking for this week. PPI coming out this am and we could keep grinding higher or Ideally we get a loss of 6462 and reclaim to setup a nice opportunity for 10+ points and retest the highs of the day and potential target 6492, 6503+.
I will update my thoughts after PPI is released. I am first looking for a flush below overnight low and reclaim or looking at 6452, 6437 or 6424 level as shown by the yellow support levels on the chart as areas we could flush and move higher. Below 6397 and we could continue lower.
My lean is we continue higher, but first need a flush to scare holders and push prices higher as we head into Friday OPEX.
Update around 10am EST.
Nq & Es Analysis 20-08-2025Good morning everyone,
Today we are trading within a discount area, and therefore I will be looking for long opportunities targeting the equilibrium (50% of the range) measured from last week’s highs (ATHs). In addition to that, my main focus is on the imbalances left behind by yesterday’s price action, which remain an important target 🎯. The equal highs I have marked on the chart are also in play — provided that price finds support within the blue zone just below the equal lows.
Naturally, I will only look for this opportunity once the market opens after 09:30 AM NY time.
Wishing you all a disciplined and successful trading session.
⚠️ Disclaimer: This analysis reflects personal market observations and is for educational purposes only. It does not constitute financial advice.
S 08/20 — Short bias below, Key Levels (watch FOMC minutes)Overview
Higher-timeframe trend has shifted lower. After failing at ~6,476, price broke the 6,446 shelf and printed a new low near 6,419 with expanding volume. As long as we remain below 6,463, I keep a short bias and will fade bounces into supply.
Key Levels
• Line-in-the-sand: 6,463
• Resistance / Sell zones: 6,433–6,436, 6,445–6,447, 6,469–6,471, 6,476
• Supports / downside magnets: 6,419–6,418, 6,406–6,403, 6,392–6,388, 6,382–6,376
Primary Plan — Bearish continuation
• Prefer selling failed retests into 6,433–6,436 or 6,445–6,447.
• Targets: first back to 6,419–6,418, then 6,406–6,403, and if momentum persists 6,392–6,388 / 6,382–6,376.
• Confirmation I want to see: intraday rejection wicks at the zone, momentum rolling over, and sellers stepping back in.
Alternative — Breakdown
• If price accepts below 6,418, I’ll look for continuation toward 6,403, then 6,392 / 6,376.
Invalidation / Neutralization
• Reclaiming 6,463 neutralizes the immediate short bias.
• Acceptance ≥ 6,471–6,476 opens squeeze risk toward 6,491 / 6,500; I’d stand aside on shorts until structure turns back down.
Event Risk (ET) — Wed 08/20
• 07:00 MBA Mortgage Applications
• 10:30 EIA Weekly Petroleum Status Report
• 13:00 U.S. 20-Year Treasury Auction
• 14:00 FOMC Minutes (Jul meeting)
Note: Expect headline-driven volatility around 14:00—I avoid initiating new positions into the release.
Posting Notes
This idea reflects levels visible on 1D/4H/1H (with 30m/15m for execution). I’ll update intraday if acceptance/rejection flips at the zones.
S&P500 about to BREAK downLook at the chart, its very EVIDENT. with this overbought and bullish sentiment, i expect the markets to CORRECT further. its still extreme greedy. You can see the support lines. S&P can correct somewhere between 5-9%. Be prepared.
SP:SPX TVC:SPX CBOE:SPX SPREADEX:SPX CBOE:XSP
clear uptrend, with a resistance turned support (confirmed)=BUY1. a small entry of sellers followed by a strong sell off with
an inability of buyers to really do much of anything, resulting in a
lack of back and forth aka structure
2. buyers enter and slowly begin building momentum, the lack of
volitility for me signals a disinterest by sellers rather than buyers
coming in and taking out alot of selling volume
3. switch and test, ' Shelf ' of support seems to be established
* what do I think is going to happen ?
* this chart is very interesting in that there are really only 3 interesting
areas , the sell off, the uptrend, and now the switch and test,
which tested successfully I might add
* this shelf of support alongside the defeat of the strong sellers from #1
signals a ton of space upward, a clear buy signal for me
* once again I am wary , if there is this much conviction, usually price
likes to whip the other way , luckily we have our handy dandy zones
* we have a 71% follow through rate using the chaos theory indicator, if a candle closes, to the upside , to reach the next orange zone, so we will hope to not get wicked out and place a stop buy order.
*expecting high volitility and big buyer interest, a buy stop is appropriate
ES Futures — Plan for Fri, Aug 22 Intraday trend on 15m/30m remains down. The 6,396–6,407 band is the pivot/decision zone. Tomorrow’s session is dominated by Powell’s Jackson Hole keynote (10:00 ET) — plan around it.
Fundamentals & Risk Clock (ET)
• 10:00 — Fed Chair Powell speaks at the Jackson Hole Economic Policy Symposium. Treat this as the day’s primary catalyst; no new entries 09:55–10:05 per risk rules.  
• Otherwise, the U.S. calendar is relatively light vs. today’s prints; markets will key off the Powell tone and subsequent positioning.  
Structure Map (carry-forward levels)
Resistance / sell zones
• 6,396–6,407 (pivot/decision band) – acceptance above flips bias; failure sends us back inside the range.
• 6,412 → 6,418 – first upside magnets if the pivot breaks.
• 6,433–6,436 – underside of prior distribution (primary cap).
• 6,445–6,447 – secondary cap.
• 6,469–6,471 & 6,476 – upper supply/“failure” lines.
Support / buy zones
• 6,392–6,388 – LVN pocket; moves often accelerate through here.
• 6,386–6,382 – upper demand shelf.
• 6,375–6,370 – NY low cluster/first demand band.
• 6,366 → 6,357–6,352 – deeper HTF shelf if weakness extends.
Preferred Setup (A++): Range-Continuation Short
Take only with confirmation; score ≥9.
• Trigger: First 5-minute close ≤ 6,390.5 after a failed probe of 6,396–6,407, and the next bar fails to reclaim 6,392–6,394.
• Entry: 6,390.5 (MOS).
• Stop: 6,396.5 (≈6 pts).
• Targets:
• TP1: 6,375.5 (+15)
• TP2: 6,366.0 (+24)
• TP3: 6,358.0 (+32)
• Management: Scale ½ at TP1; move stop → BE only after a fresh 5m lower-low or a clean close through the TP1 zone. If no extension within 2×5m bars, cut to half/scratch.
• Disqualifiers: Thick support immediately stacks under entry or a 15m acceptance back above 6,396–6,407.
Flip Setup (A++ if accepted): Acceptance Long above Pivot
Counter-trend unless 15m turns; size accordingly.
• Trigger: First 5-minute close ≥ 6,407.5 and the next bar does not reclaim < 6,405.
• Entry: 6,407.5 (MOS).
• Stop: 6,401.5 (≈6 pts).
• Targets:
• TP1: 6,418.0 (+10.5 from trigger; acceptable given clean path)
• TP2: 6,435.0 (+27.5)
• TP3: trail toward 6,446+ if momentum persists.
• Disqualifier: Quick slip back < 6,405 after trigger.
Timing & Playbook
• Primary trade windows: 09:45–11:30 ET and 13:50–15:45 ET.
• Powell (10:00 ET): Plan around the speech; entries before the print must have exceptional quality, otherwise wait for post-event structure.
• MOC module (15:40–16:10 ET): Use the imbalance as a tiebreaker: modest (<$0.5B) = range; strong (≥$1B) can drive a directional push into the cross.
ES - August 19th - Big Picture View of PriceI wanted to post a 4hr chart of ES since we broke out in June and hit the 6245 zone July 1st. As you can see there are some clear levels of institutional buying. 6245 became support since July 2nd and we have tested this level 3X with last being August 1st. Each time institutions bought at this level and have been selling at higher prices. You can see that on July 31st we hit 6468.75 and price sold off nearly 225 points and buyers stepped back in on August 1st at 6245 and the cycle begins with selling at resistance and buying at supports of 6315, 6333, 6390, 6453-6456. WHY has price been very choppy in this 6456-6472 area? Price is either accumulating or distributing, but we never know until price loses a big support or resistance.
You can see that we are in a range of 6452-6508. IF, price loses the support of 6452, we will probably need to test 6390 or below. IF, price can regain control above 6472-76, we should retest 6508 then 6522, 6541.
6468 was the level that sold off in late July. Could this be the same level that causes another big sell off?
I have NO idea, that is not my job.
I find levels that institutions step in and buy/sell at. I follow the institutions footprint and enter trades using my edge at predefined levels.
I will be posting my Daily Trade Plan for August 19th before 8am EST. Without a catalyst, news or some other reason, price will most likely just continue to chop around overnight between 6453 - 6485. We need price to flush a lower level like 6450-53 to continue higher. IF, price loses that level and can't clear 6473-76, I believe we could continue lower pretty fast in which I would get out the way and let price build a new support level and reclaim the next level in yellow above that price.
$ES Futures: Bearish Breakdown Ahead? Short Setup Inside
## 🔻 ES Futures Bearish Setup: Shorting into Weakness (Aug 21, 2025) 🔻
### 🏦 Market Outlook
* 📉 **Bias:** Bearish sentiment dominates
* 🔎 **Tech drag** + weak momentum = downside risk
* ⚠️ Key support in focus: 6296–6298 zone
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### 📊 Trade Idea (SHORT)
* 🎯 **Instrument:** ES Futures
* 📉 **Direction:** SHORT
* 💰 **Entry:** 6369.75 (near market)
* 🛑 **Stop Loss:** 6390.00
* 🎯 **Target:** 6300.00
* 📊 **Size:** 1 contract (\$50/pt)
* 💪 **Confidence:** 65%
* ⏰ **Timing:** Market Open
---
### ⚠️ Risk Watch
* 🌀 Low volume may cause chop
* 📉 Bounce risk near 6296–6298
* 🌍 Macro catalysts could shift flows
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🔥 Hashtags for Reach 🔥
\#ESFutures #SP500 #FuturesTrading #DayTrading #SwingTrading #SPX #MarketOutlook #BearishSetup
ES Futures Trade Setup – Long Opportunity
🎯 **ES Futures Trade Setup – Long Opportunity**
📌 **Instrument:** ES
📈 **Direction:** LONG
💰 **Entry Price:** 6415.50
🛑 **Stop Loss:** 6353.98 (1 ATR below entry)
🏹 **Take Profit:** 6480.00 (\~64.5 points)
📏 **Position Size:** 3 contracts
💪 **Confidence:** 65%
⏰ **Timing:** Enter at market open
⚠️ **Key Risks:** Mixed short-term signals may cause volatility. Move below 6400 could invalidate trade.
✅ **Rationale:** Long-term bullish trend remains intact; favorable risk-reward despite short-term bearish momentum.