Archives -> Thursday February 20th, 2025 Newsletter

Thursday February 20th, 2025 Newsletter

Hello Everyone,

We finally saw a decent pullback today into fresh demand and then bounced. However, the move down today created change in short term structure as it broke below a previous low so unless the bulls are able to take out the recent highs, look for a possible re-test of today's low.  Now, more importantly, I view the current pullback as a minor retracement with the targets below still remaining valid. So IF the market obliges with another dip, I will be looking to accumulate.  Opex week can produce whipsaws. 

ES Levels Posted in Trading Community 

ES has targets at 6195/6212 and 6238/49 Zones if breakout is established (subtract 21 points for SPX)

Here's a link to Tonight's Newsletter.

Please take a moment to look at the trade ideas.

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