Top Down Approach Discussion and how to View BPT

Posted by steve on 13th of Jun 2020 at 01:48 pm
Title: Top Down Approach Discussion and how to View BPT

Hi Steve - Who's the Nick/Nickikeak

Posted by jephrey on 31st of Oct 2022 at 12:13 am

Hi Steve -

Who's the Nick/Nickikeak to whom you're referring in tonight's news letter?

Jephrey...please take time to review

Posted by steve on 31st of Oct 2022 at 05:55 am

Jephrey...please take time to review ALL of my previous posts this weekend and that will answer your question.   

Here you go - https://www.zerohedge.com/markets/did-nikileaks-just-kill-dovish-fed-narrative-he-launched

Re Some guy named Nick.

Posted by brophy on 31st of Oct 2022 at 09:18 am

Re Some guy named Nick. I never listen to rumors, no matter where they come from. There is nothing in any of the data ( or charts!)  that says pivot.

I'm not big on the

Posted by fundamentalvalues on 31st of Oct 2022 at 09:28 am

I'm not big on the sold narratives or reasons for why things did this or that on a certain day either. Whoever is running the market show, algos, I call them "Oz" ultimately knows where it is going and takes it there, I just buy or sell based on prices. A lot less headache. 

I don't have any emotional attachment and that enables me to operate day to day easily in accordance with my plan. I also don't watch all the ticks, I've found it to not be good for my health or outlook on life. Checking how things look on the close is often enough for me to see if any adjustments need to be made or not. To each is own. I've learned to be me because that is the only person I can be. 

Thank you!

Posted by jephrey on 31st of Oct 2022 at 02:38 am

Thank you!

SPX Cycles - Do we

Posted by DigiNomad on 22nd of Aug 2022 at 09:55 am

SPX Cycles - Do we have a sell on all time frames except the daily now? 

not sure what you are

Posted by matt on 22nd of Aug 2022 at 10:03 am

not sure what you are asking - here's an image of the KISS charts with the cycles and ATR's etc - we'll probably see a cycle support show up sometime on the 130 min and 1/2 day but not yet.  ATR was lost last week on the 60 min and 130 min, and this morning lost on the 1/2 day. Still holding on the daily, getting close at 4130 approx

"ATR was lost last week

Posted by DigiNomad on 22nd of Aug 2022 at 10:08 am

"ATR was lost last week on the 60 min and 130 min, and this morning lost on the 1/2 day. Still holding on the daily"  - answered my question. That's what I thought but wasn't sure. Thanks! 

Trying to hold the S2

Posted by flredsox on 26th of Jul 2022 at 12:15 pm

Trying to hold the S2 Pivot, seems like a cat hanging on to the edge of a pool

Steve, agree completely. Just thinking

Posted by DigiNomad on 1st of Jul 2022 at 01:35 pm

Steve, agree completely. Just thinking that maybe SMH good for a short term trade since the ribbons are so wide on most time frames and we are sitting on major support (very very slightly below). Looking for an entry with a stop at today's lows. 

Just hoping you caught those

Posted by steve on 1st of Jul 2022 at 01:41 pm

Just hoping you caught those AMD and NVDA shorts 

yeah and I covered them

Posted by matt on 1st of Jul 2022 at 01:52 pm

yeah and I covered them again last night

why would the VIX not

Posted by Walt on 5th of May 2022 at 04:02 pm

why would the VIX not have reached 38-39 on a day like this?

Probably because of what Steve

Posted by rfa300 on 5th of May 2022 at 04:06 pm

Probably because of what Steve posted earlier. See below

maybe meaning a lot of

Posted by kevindeng0727 on 5th of May 2022 at 04:03 pm

maybe meaning a lot of room for it to run higher?

Thanks, Matt -- appreciate it.

Posted by mstaples37 on 25th of Oct 2021 at 05:05 pm

Thanks, Matt -- appreciate it.  Looking forward to seeing those things you've been working on!

Steve,  how does one access

Posted by bharvey96 on 30th of Sep 2020 at 01:35 pm

Steve,  how does one access the "Ciovacco Historical Perspective Charts?"  I would imagine you need to be a client?

He puts out a weekly

Posted by steve on 30th of Sep 2020 at 01:41 pm

He puts out a weekly video via Twitter on Friday Night

Hi Matt/steve, is today highly

Posted by kevindeng0727 on 16th of Jun 2020 at 09:18 am

Hi Matt/steve, is today highly likely to be a trend day?

4/19 ES Levels June Contract  (ESM24) 

Posted by steve on 5th of Sep 2022 at 10:46 am

Upside:                           5058/64 5072 5077/82
Downside:                    5042/36  5027/23  5013 /08 4997/92

ES early on rejected 58/64

Posted by steve on 19th of Apr 2024 at 10:56 am

ES early on rejected 58/64 zone and then tested 5027

ES slight undercut of last

Posted by steve on 16th of Apr 2024 at 08:09 am

ES slight undercut of last zone overnight (5082) and then bounce.

Updating levels now

ES 5211/20 strong zone

Posted by steve on 15th of Apr 2024 at 08:51 am

ES 5211/20 strong zone

ES strong zone indeed (big

Posted by steve on 15th of Apr 2024 at 12:55 pm

ES strong zone indeed (big rejection)

Two quick 10 point pulls

Posted by steve on 15th of Apr 2024 at 09:43 am

Two quick 10 point pulls off that zone - more it's tested the weaker it becomes 

big dive

Posted by shellson2 on 15th of Apr 2024 at 10:22 am

big dive

ES held initial support 5160

Posted by steve on 15th of Apr 2024 at 08:41 am

ES held initial support 5160 (mentioned in weekend newsletter) and bounced as Mid East tensions cooled 

Remains to be seen on Israli response but for now market stable

ES main target 5164/57 (being

Posted by steve on 12th of Apr 2024 at 12:53 pm

ES main target 5164/57 (being tested)

A few zones sliced and

Posted by steve on 12th of Apr 2024 at 10:55 am

A few zones sliced and now testing 77/81

ES Fib levels  .618 5205 .786 5191

Posted by steve on 12th of Apr 2024 at 09:12 am

ES Fib levels 

.618 5205

.786 5191

ES levels being sliced 

Posted by steve on 10th of Apr 2024 at 09:10 am

ES levels being sliced 

ES moved up to 5282/85

Posted by steve on 4th of Apr 2024 at 07:35 am

ES moved up to 5282/85 zone with support below now at 5273 and 5263

Bulls have the ball after moving to frontside of the cycle

Very nice Wyckoff Wave C

Posted by steve on 4th of Apr 2024 at 09:12 am

Very nice Wyckoff Wave C upthrust after range break yesterday 

ES initial zone 66/69

Posted by steve on 3rd of Apr 2024 at 10:01 am

ES initial zone 66/69

ES got the expected fade

Posted by steve on 3rd of Apr 2024 at 07:55 am

ES got the expected fade overnight 15+ points 

ADP National Employment Report: Mar.

Posted by steve on 3rd of Apr 2024 at 08:38 am

ADP National Employment Report: Mar. Private Sector Employment +184K vs +148K Est.

ISM Services at 10:00 AM

Posted by steve on 3rd of Apr 2024 at 09:09 am

ISM Services at 10:00 AM and Powell at 12:10 PM EST 

Trading community seems to have

Posted by steve on 3rd of Apr 2024 at 09:10 am

Trading community seems to have some issues initiating new post - for now will simply hit reply and post. 

ES appears like 5 waves

Posted by steve on 2nd of Apr 2024 at 08:24 am

ES appears like 5 waves down off the 5333 high (currently testing initial zone 5275-63  and if lost next down5257 then 5248-33) so we have to on the lookout for bounce from such zones 

What do these numbers mean?

Posted by regulardave on 27th of Mar 2024 at 04:07 pm

What do these numbers mean? I'm sorry but still learning.

ES Levels updated 

Posted by steve on 22nd of Mar 2024 at 09:25 am

ES Levels updated 

ES Support now 5308/02

Posted by steve on 21st of Mar 2024 at 01:08 pm

ES Support now 5308/02

Very nice 

Posted by steve on 21st of Mar 2024 at 01:57 pm

Very nice 

ES bouncing off 5202/08 zone

Posted by steve on 14th of Mar 2024 at 10:13 am

ES bouncing off 5202/08 zone - needs to respond to set higher low

5221 ES hurdle for Bulls 

Posted by steve on 14th of Mar 2024 at 10:13 am

5221 ES hurdle for Bulls 

over

Posted by shellson2 on 14th of Mar 2024 at 10:25 am

over

ping ponging

Posted by shellson2 on 14th of Mar 2024 at 10:27 am

ping ponging

and remember Quad Witch tomorrow

Posted by matt on 14th of Mar 2024 at 10:31 am

and remember Quad Witch tomorrow when you have events like that, the market typically doesn't trend in one direction but will chop around and fake you out

ES held initial support zone

Posted by steve on 14th of Mar 2024 at 05:53 am

ES held initial support zone and currently near first target zone.

ES support 5202-07 (Doji intraday) 

Posted by steve on 12th of Mar 2024 at 12:51 pm

ES support 5202-07 (Doji intraday) 

25+ points from listed intraday

Posted by steve on 12th of Mar 2024 at 02:22 pm

25+ points from listed intraday support on ES 

Decent bounce so trim and

Posted by steve on 12th of Mar 2024 at 01:18 pm

Decent bounce so trim and trail - working on cleaning up some charts etc 

ES tagged 5220 and faded

Posted by steve on 12th of Mar 2024 at 09:06 am

ES tagged 5220 and faded off that level 

After the pop - noticed

Posted by steve on 12th of Mar 2024 at 09:15 am

After the pop - noticed put buyers stepped up to the plate.  

This post sorry, I will

Posted by ruidoso on 12th of Mar 2024 at 02:41 pm

This post sorry, I will not mention it no mas

i believe june is  

Posted by Glad on 12th of Mar 2024 at 09:09 am

i believe june is   MESM24

ITS   H-M-U-Z

Correct  M = June

Posted by steve on 12th of Mar 2024 at 09:11 am

Correct  M = June

ES big support level around

Posted by steve on 11th of Mar 2024 at 08:55 am

ES big support level around 5160 ES (June Contract)

Which is what on the

Posted by mastermind on 11th of Mar 2024 at 08:58 am

Which is what on the S&P 500?

Approximately 70 points lower for

Posted by steve on 11th of Mar 2024 at 09:01 am

Approximately 70 points lower for SPX currently - will adjust down daily slightly - you should have access to SPX Futures Quotes As aTrader to Track Overnight Action 

The difference between ES and

Posted by steve on 11th of Mar 2024 at 10:29 am

The difference between ES and SPX is 65/66 points to be more precise 

ES reclaimed 5146 next above

Posted by steve on 8th of Mar 2024 at 02:46 pm

ES reclaimed 5146 next above 5155 and 5167/69

ES holding support here around

Posted by steve on 8th of Mar 2024 at 12:28 pm

ES holding support here around 4146/50

ES

Posted by steve on 8th of Mar 2024 at 12:55 pm

Lost support and you can see the reaction with next level around 5133

ES 5190 area big level

Posted by steve on 8th of Mar 2024 at 10:03 am

ES 5190 area big level so protect 

Not that far away now

Posted by shellson2 on 8th of Mar 2024 at 12:24 pm

Not that far away now

Shellson - that was the

Posted by steve on 8th of Mar 2024 at 12:27 pm

Shellson - that was the March contract not June - many quotes have rolled to June but I'm still on March until next week.  Made that clear last night 

Thx Steve. my error

Posted by shellson2 on 8th of Mar 2024 at 12:41 pm

Thx Steve. my error

Quick 15+ point pullback from

Posted by steve on 8th of Mar 2024 at 11:06 am

Quick 15+ point pullback from 5190 area - need to step away 

ES 50 point bounce off

Posted by steve on 8th of Mar 2024 at 10:23 am

ES 50 point bounce off noted support (5143) in newsletter - now churning at this level

SPX - 5300 by next

Posted by DigiNomad on 8th of Mar 2024 at 10:31 am

SPX - 5300 by next Wednesday? That might be too pessimistic...  I didn't watch the SOTU last night, but I'm guessing that if you listened carefully there were a lot of promises made that would require large increases in Federal deficit spending probably while saying out of the other side of mouth that deficit would be reduced by "paying fair share" or some nonsense like that.  Anyway, it was hard to imagine a down market today no matter what the jobs number was with people coming in with dreams of manic Gov spending dancing in their heads. 

ESM24 is the June ES

Posted by steve on 7th of Mar 2024 at 06:04 pm

ESM24 is the June ES Contract (Rollover Soon) 

ES bounced near prior pivot

Posted by steve on 7th of Mar 2024 at 04:53 pm

ES bounced near prior pivot 5143 - upside levels 5158/62 5169 5185/90

Fails 5140 then 5133/27 

For tonight ES 5100 and

Posted by steve on 5th of Mar 2024 at 10:23 pm

For tonight ES 5100 and NQ 18,000 are initial  resistance levels for bulls to reclaim.

Cleared initial hurdles keeping the

Posted by steve on 6th of Mar 2024 at 08:04 am

Cleared initial hurdles keeping the bounce/rally intact. ES 5120/25 next zone generally speaking...still open to possibility of retest or new highs as discussed last night. Tricky here so for me, level to level with the QQQ structure one such factor.

First test on ES getting

Posted by steve on 6th of Mar 2024 at 09:38 am

First test on ES getting a reaction as expected - faded 10+ points 

25 points - that was

Posted by steve on 6th of Mar 2024 at 10:09 am

25 points - that was the easy trade off initial test support now 5096/90

ES held posted support zone

Posted by steve on 6th of Mar 2024 at 11:09 am

ES held posted support zone and bounced 20+ 

ES Levels updated 

Posted by steve on 5th of Mar 2024 at 06:46 pm

ES Levels updated 

ES supports 5120/5100 broadly speaking

Posted by steve on 3rd of Mar 2024 at 11:51 am

ES supports 5120/5100 broadly speaking (levels above will be updated) 

ES

Posted by steve on 2nd of Mar 2024 at 08:21 am

Gamma Call Wall 5150 - Bulls Next Hurdle 

5136-40 achieved - posted target

Posted by steve on 1st of Mar 2024 at 12:53 pm

5136-40 achieved - posted target earlier 

ES 5123 reached next above

Posted by steve on 1st of Mar 2024 at 11:09 am

ES 5123 reached next above around 5135 

5115 ES a BIG GAMMA

Posted by steve on 29th of Feb 2024 at 06:36 pm

5115 ES a BIG GAMMA LEVEL - price rejected there today.   ES Support 5080/75 

It's possible today's move up was a corrective a-b-c  should bulls fail to hold serve.  Simply follow your plan 

ES moved up overnight to

Posted by steve on 1st of Mar 2024 at 05:56 am

ES moved up overnight to the 5115 Gamma Wall (posted yesterday here) where price found resistance. 

ES tags 5082 initial bounce

Posted by steve on 28th of Feb 2024 at 10:52 am

ES tags 5082 initial bounce target 

ES 5080 is a massive

Posted by steve on 26th of Feb 2024 at 01:31 pm

ES 5080 is a massive put wall (support)

ES tested 5090 overnight then

Posted by steve on 26th of Feb 2024 at 09:12 am

ES tested 5090 overnight then bounced 

ES levels updated - still

Posted by steve on 22nd of Feb 2024 at 07:05 pm

ES levels updated - still in buy the dip mode until we see a shift in structure.  Needless to say, remain prudent 

ES nice bounce off 4952

Posted by steve on 22nd of Feb 2024 at 09:49 am

ES nice bounce off 4952

Nice bounce from support zone

Posted by steve on 21st of Feb 2024 at 03:35 pm

Nice bounce from support zone

ES tagged 4987 and then

Posted by steve on 21st of Feb 2024 at 12:07 pm

ES tagged 4987 and then faded

ES below 4972 (today's low)

Posted by steve on 21st of Feb 2024 at 10:50 am

ES below 4972 (today's low) next zone 4966/58 (many on sidelines today ahead of news so very thin) upside levels 4987/93

Yesterday after the close, ES

Posted by steve on 21st of Feb 2024 at 09:06 am

Yesterday after the close, ES retraced into resistance posted (4992/5000) and retraced down to initial target zone 4970 (overnight low 4972.50) where dip buyers were willing to purchase.  Now they need to build higher to sustain. 

Plenty of news on the docket for today with NVDA the big driver after the close.

ES 4991/88  achieved 

Posted by steve on 20th of Feb 2024 at 09:42 am

ES 4991/88  achieved 

Yesterday ES bounced to initial

Posted by steve on 20th of Feb 2024 at 09:27 am

Yesterday ES bounced to initial range 5029 where it stalled and then reversed down to 4998 zone 

ES Support 5030 (testing now)

Posted by steve on 16th of Feb 2024 at 08:51 am

ES Support 5030 (testing now)

Bounced directly off support (where

Posted by steve on 16th of Feb 2024 at 08:59 am

Bounced directly off support (where liquidity resided) - no change in structure 

OPEX - I'll let others blow up then let dust settle 

ES reached near 5053 level

Posted by steve on 15th of Feb 2024 at 05:23 pm

ES reached near 5053 level - protect 

Thus far ES stalled near

Posted by steve on 15th of Feb 2024 at 08:51 am

Thus far ES stalled near 5030

ES 5005 level last night

Posted by steve on 14th of Feb 2024 at 11:22 am

ES 5005 level last night was a good general level 

ES watching 4976 pivot into

Posted by steve on 13th of Feb 2024 at 05:34 pm

ES watching 4976 pivot into tomorrow (IB session) 

ES bounced out of final

Posted by steve on 13th of Feb 2024 at 03:45 pm

ES bounced out of final zone

VIX flush

ES 4959-64 resistance 

Posted by steve on 13th of Feb 2024 at 03:51 pm

ES 4959-64 resistance 

ES above 4983  and 4992

Posted by steve on 13th of Feb 2024 at 10:44 am

ES above 4983  and 4992 (big level)

On the bounce ES was

Posted by steve on 13th of Feb 2024 at 02:12 pm

On the bounce ES was unable to clear 4992 (big level posted) and faded back (internals suggested as much)

ES support 5047/48 then 5040

Posted by steve on 12th of Feb 2024 at 01:47 pm

ES support 5047/48 then 5040

5018 achieved 

Posted by steve on 7th of Feb 2024 at 01:31 pm

5018 achieved 

For those wondering, the all

Posted by steve on 7th of Feb 2024 at 10:59 am

For those wondering, the all time high on ES was 5028.25 (target) 

ES first zone reached from

Posted by steve on 6th of Feb 2024 at 09:37 am

ES first zone reached from support

ES overhead levels now 4843/49

Posted by steve on 19th of Jan 2024 at 11:52 am

ES overhead levels now 4843/49 and 4857/60 

ES reached first zone posted

Posted by steve on 19th of Jan 2024 at 12:46 pm

ES reached first zone posted below - main zone is next around 55/60

Closing in on that main

Posted by steve on 19th of Jan 2024 at 01:16 pm

Closing in on that main zone 

Achieved 

Posted by steve on 19th of Jan 2024 at 01:17 pm

Achieved 

ES bounced near important support

Posted by steve on 19th of Jan 2024 at 11:10 am

ES bounced near important support posted pre-market (4816-4808 was demand zone) - I had posted 4810 as rough guide

Note: On ES equal highs

Posted by steve on 19th of Jan 2024 at 11:16 am

Note: On ES equal highs above from late December and early January around 4841s

ES overnight high 4835.75 bulls

Posted by steve on 19th of Jan 2024 at 07:45 am

ES overnight high 4835.75 bulls want to hold above 4810/03 on any pullback 

ES held 4769/66 range and

Posted by steve on 18th of Jan 2024 at 02:14 pm

ES held 4769/66 range and bounced nicely 

ES stabilized at 4772/75 area

Posted by steve on 11th of Jan 2024 at 12:34 pm

ES stabilized at 4772/75 area - next up Bond auction so buckle up as this could sent it 

ES tagging lower levels -

Posted by steve on 11th of Jan 2024 at 11:19 am

ES tagging lower levels - one by one 

ES did reach first zone

Posted by steve on 11th of Jan 2024 at 08:28 am

ES did reach first zone overnight 

ES has reached the lower

Posted by steve on 8th of Jan 2024 at 12:02 pm

ES has reached the lower end of today's main zone 4765/73 (PROTECT)

ES support around 4690/4700

Posted by steve on 5th of Jan 2024 at 08:44 am

ES support around 4690/4700

ES

Posted by steve on 5th of Jan 2024 at 08:54 am

Good bounce off support zone - 4727/29 then  4736/40

ES bounced up into first

Posted by steve on 5th of Jan 2024 at 04:10 am

ES bounced up into first zone 4636/38 (failed) and now targeting lower zones (4720/17) is first target

Nice levels overnight 

Posted by steve on 5th of Jan 2024 at 08:36 am

Nice levels overnight 

ES

Posted by steve on 3rd of Jan 2024 at 01:06 pm

Prior Support (4767/72) now resistance 

Yes indeed as you can

Posted by steve on 3rd of Jan 2024 at 03:07 pm

Yes indeed as you can see the price action 

ES 20 points on 4772

Posted by steve on 3rd of Jan 2024 at 03:15 pm

ES 20 points on 4772 rejection 

4756 achieved (4756/50 zone) -

Posted by steve on 3rd of Jan 2024 at 09:58 am

4756 achieved (4756/50 zone) - if lost then 4744/37 zone 

ES rallied (tested) prior support

Posted by steve on 2nd of Jan 2024 at 08:39 am

ES rallied (tested) prior support turned resistance overnight at 4828 which was faded 

ES bouncing from 4828 support 

Posted by steve on 29th of Dec 2023 at 09:37 am

ES bouncing from 4828 support 

ES there are definitely sellers

Posted by steve on 27th of Dec 2023 at 02:08 pm

ES there are definitely sellers above 4830

ES 4830/34 strong resistance zone 

Posted by steve on 27th of Dec 2023 at 11:02 am

ES 4830/34 strong resistance zone 

ES Overhead 4756/60 (reclaims and

Posted by steve on 20th of Dec 2023 at 07:52 pm

ES Overhead 4756/60 (reclaims and holds) then 4768/72 4783/89 4798 

Support 4740/36 4727/20 4716 4708/05 4693

ES 4783 achieved (big level

Posted by steve on 21st of Dec 2023 at 08:38 am

ES 4783 achieved (big level around 4790)  Pullback could have been larger Wave 4 (or part of Wave 4)

4790ish big level indeed (some

Posted by steve on 21st of Dec 2023 at 10:28 am

4790ish big level indeed (some reactions around that number)

Below 4756/60 big support level

Nice levels today - nothing

Posted by steve on 21st of Dec 2023 at 05:18 pm

Nice levels today - nothing really as clear for tomorrow will update but bulls remain in control with SPX target new highs 

wow iren nice one Matt!

Posted by morton7 on 21st of Dec 2023 at 11:06 am

wow iren nice one Matt!

ES

Posted by steve on 21st of Dec 2023 at 01:18 am

4768 achieved

I updated those ES sticky

Posted by matt on 14th of Dec 2023 at 10:17 pm

I updated those ES sticky levels

Overnight ES came up to

Posted by steve on 8th of Dec 2023 at 08:07 am

Overnight ES came up to 4594 (resistance) and currently trading around 4580

ES achieved 3rd zone today

Posted by steve on 7th of Dec 2023 at 10:47 am

ES achieved 3rd zone today at 4588ish - trim and trail

ES 4576 next level achieved

Posted by steve on 7th of Dec 2023 at 09:27 am

ES 4576 next level achieved

ES held support near 4550

Posted by steve on 7th of Dec 2023 at 08:44 am

ES held support near 4550 and has achieved first target from last night newsletter at 4566 

Very nice gains to start the day 

ES 4603/10  upside target on

Posted by steve on 5th of Dec 2023 at 07:54 pm

ES 4603/10  upside target on range break with first zone at 4588/91.  

ES overnight high was 4590.25.

Posted by steve on 6th of Dec 2023 at 08:22 am

ES overnight high was 4590.25.  See range post after close prior to the weak ADP which is causing a lift currently

4597/4600 next zone Only a close

Posted by steve on 6th of Dec 2023 at 08:59 am

4597/4600 next zone

Only a close back below 4580 would pressure (prior resistance)

Quick 10 points from that

Posted by steve on 6th of Dec 2023 at 09:36 am

Quick 10 points from that zone 

ES achieved 90/94 trim and

Posted by steve on 1st of Dec 2023 at 11:47 am

ES achieved 90/94 trim and trail

ES bouncing near initial support 

Posted by steve on 29th of Nov 2023 at 10:51 am

ES bouncing near initial support 

ES has moved up as

Posted by steve on 29th of Nov 2023 at 09:06 am

ES has moved up as expected (see yesterday's comments) and has achieved the first zone by reaching 4590 with the next zone just above 4600 as the main target mentioned yesterday. 

Primary upside target for ES

Posted by steve on 28th of Nov 2023 at 10:54 am

Primary upside target for ES is 4607 IF can hold support (small dips continue to be bought)

The last pop was from Fedspeak (Waller) so have to see how it digests 

ES tags 4535

Posted by steve on 17th of Nov 2023 at 05:05 am

ES tags 4535

ES getting a pullback from

Posted by steve on 14th of Nov 2023 at 03:54 pm

ES getting a pullback from that final zone (4524)

Some pairing ahead of PPI 

Posted by steve on 14th of Nov 2023 at 03:59 pm

Some pairing ahead of PPI 

ES initial support now 4366

Posted by steve on 10th of Nov 2023 at 10:45 am

ES initial support now 4366 then 4355 below

Nice bounce off ES support 

Posted by steve on 10th of Nov 2023 at 11:06 am

Nice bounce off ES support 

ES bounced near 4375

Posted by steve on 9th of Nov 2023 at 01:24 pm

ES bounced near 4375

ES pulled back to 4384/88

Posted by steve on 7th of Nov 2023 at 01:50 pm

ES pulled back to 4384/88 (support created on upside break) and has since bounced.  Respect the trend until evidence changes. 

ES continuing to flag out

Posted by steve on 7th of Nov 2023 at 08:48 am

ES continuing to flag out following last week's big move 

ES support is now 4366/69

Posted by steve on 3rd of Nov 2023 at 12:46 pm

ES support is now 4366/69

ES Testing 4356/58 currently -

Posted by steve on 3rd of Nov 2023 at 08:48 am

ES Testing 4356/58 currently - fails to clear good spot to hedge if clears then 4366/73  - support is 4335ish

There is a wick on

Posted by steve on 3rd of Nov 2023 at 09:13 am

There is a wick on ES at 4366.50 if they want liquidity and broken upward channel backtest around 4370

ES Support now 4224/12 then

Posted by steve on 1st of Nov 2023 at 12:46 pm

ES Support now 4224/12 then 4194/81 and 4168/58 then open gap at 4138ish

Holding initial zone can retest 4248 then 4258/62 then 4278/90

Holding initial zone can retest

Posted by steve on 1st of Nov 2023 at 02:32 pm

Holding initial zone can retest 4248 then 4258/62 then 4278/90

Okay that worked nicely - trail up now 

4278 on ES achieved.  4290/96

Posted by steve on 2nd of Nov 2023 at 08:03 am

4278 on ES achieved.  4290/96 above

ES 4290/96 reached

Posted by steve on 2nd of Nov 2023 at 08:43 am

ES 4290/96 reached

ES 4260 achieved 

Posted by steve on 1st of Nov 2023 at 03:13 pm

ES 4260 achieved 

JP - make it rain

Posted by steve on 1st of Nov 2023 at 02:45 pm

JP - make it rain baby from my supply zone   

QQQ divergent high intraday on that last pop (just taking the trades)

Please realize this can still

Posted by steve on 1st of Nov 2023 at 02:47 pm

Please realize this can still squeeze higher IF support zone holds 

Timely 

Posted by steve on 1st of Nov 2023 at 03:04 pm

Timely 

20+ point bounce off support

Posted by steve on 1st of Nov 2023 at 02:57 pm

20+ point bounce off support thus far - was weary of too many double top shorters 

Maybe squeeze a few CTAs 

Posted by steve on 1st of Nov 2023 at 03:00 pm

Maybe squeeze a few CTAs 

Next ES zone 4243/47  Anyone who

Posted by steve on 1st of Nov 2023 at 10:24 am

Next ES zone 4243/47 

Anyone who missed the Treasury issuance news (see below)

ES bounced near initial support

Posted by steve on 1st of Nov 2023 at 08:34 am

ES bounced near initial support (4190)  Low was 4191.50 - rebounded on the Treasury issuance schedule 

Early reaction: "US Yields Fall

Posted by steve on 1st of Nov 2023 at 08:42 am

Early reaction: "US Yields Fall on Treasury Refunding Announcement" Bloomberg

The outlook for Treasury issuance

Posted by steve on 1st of Nov 2023 at 10:03 am

The outlook for Treasury issuance has provided a change in sentiment amongst liquidity traders for sure - you can see the reaction in the markets

Increased Bill issuance vs Bonds/Notes should bring more money out of RRP into equities

ES supports 4180 and 4153

Posted by steve on 30th of Oct 2023 at 03:54 pm

ES supports 4180 and 4153 above 4205 4225

ES back to 4153 

Posted by steve on 30th of Oct 2023 at 10:45 am

ES back to 4153 

Quick 12 point bounce -

Posted by steve on 30th of Oct 2023 at 10:54 am

Quick 12 point bounce - too quick to type this stuff.  Going to refrain and focus on my trading 

ES came down to initial

Posted by steve on 27th of Oct 2023 at 10:15 am

ES came down to initial support zone and popped 18 points - so thin and fast and best to lock down immediately for you scalpers.   Very difficult to play unless plan in place and dead focused which is difficult for me trying to post here.  I'm going to refrain from squiggles and wait for some structure to align but you can see the validity of key zones.   

By the way, the same

Posted by steve on 27th of Oct 2023 at 10:30 am

By the way, the same comments apply to many stocks like TSLA - just look at those 5 minute candles - who can trade that shit?   No reason to force trades. 

yep exactly. If you have

Posted by matt on 27th of Oct 2023 at 10:50 am

yep exactly. If you have a scalp system where you have defined strategy fine that is structured then great go for it. For swings, gotta be very picky - the one new long I put out on Wednesday DGX was a great trade - but I only added 1 idea, kept it very simple 

ES filled gap and bounced 

Posted by steve on 27th of Oct 2023 at 08:33 am

ES filled gap and bounced 

ES 4190 reached - lock

Posted by steve on 26th of Oct 2023 at 03:06 pm

ES 4190 reached - lock in partials at least 

20 point fade - on

Posted by steve on 26th of Oct 2023 at 03:30 pm

20 point fade - on countertrend move you must PROTECT 

30 point fade now. On

Posted by DigiNomad on 26th of Oct 2023 at 03:39 pm

30 point fade now. On the 61.8. Make that through the 61.8

Timely 

Posted by steve on 26th of Oct 2023 at 03:11 pm

Timely 

Quick 30 points from 4205 

Posted by steve on 26th of Oct 2023 at 10:03 am

Quick 30 points from 4205 

ES Supply Zone 4241-4290 (

Posted by steve on 26th of Oct 2023 at 09:10 am

ES Supply Zone 4241-4290 ( big zone to note - there are smaller resistance levels along the way) 

ES resistance to clear is

Posted by steve on 25th of Oct 2023 at 11:11 am

ES resistance to clear is 4245/50 

Failed and thus back down

Posted by steve on 25th of Oct 2023 at 12:17 pm

Failed and thus back down to test lows (undercut) 

ES lost 4345 support (was

Posted by steve on 25th of Oct 2023 at 10:00 am

ES lost 4345 support (was tested several times) and has achieved first target range around 4230

The big target for ES

Posted by steve on 24th of Oct 2023 at 02:40 pm

The big target for ES is 4300+/-   but ES must hold recent lows 4243 

ES 4274 achieved - resistance

Posted by steve on 24th of Oct 2023 at 10:11 am

ES 4274 achieved - resistance to overcome now 

ES 4274/75 is a big

Posted by steve on 24th of Oct 2023 at 10:20 am

ES 4274/75 is a big level (stalled at that level) with ES 4250 area below support 

ES next level 4282 (above

Posted by steve on 24th of Oct 2023 at 10:30 am

ES next level 4282 (above by noon would be constructive for further squeeze) 

Further squeeze evaporating...?

Posted by shellson2 on 24th of Oct 2023 at 12:17 pm

Further squeeze evaporating...?

This is not an easy

Posted by steve on 24th of Oct 2023 at 10:21 am

This is not an easy market so PROTECT and LOCK DOWN gains - no reason to be greedy with entire position - can keep a runner but always protect with trailing stops 

Hope you heeded that advice 

Posted by steve on 24th of Oct 2023 at 12:18 pm

Hope you heeded that advice 

did, thx

Posted by shellson2 on 24th of Oct 2023 at 12:23 pm

did, thx

I updated the sticky ES

Posted by matt on 20th of Oct 2023 at 09:20 am

4360s zone reached - nice

Posted by steve on 19th of Oct 2023 at 12:06 pm

4360s zone reached - nice pop on JP - PROTECT 

Hell just froze over...Steve Leisman

Posted by DigiNomad on 19th of Oct 2023 at 12:14 pm

Hell just froze over...Steve Leisman gave an almost hawkish interpretation of JP's prepared remarks. 

ES reached 4320 and bounced

Posted by steve on 19th of Oct 2023 at 09:12 am

ES reached 4320 and bounced 30 points thus far with 4355/63 next zone above 

Support 4328 if lost 4317/14 and  4302 on the table 

ES bigger level around 4340

Posted by steve on 18th of Oct 2023 at 02:51 pm

ES bigger level around 4340 +/-

Close enough for gov't work  

Posted by steve on 18th of Oct 2023 at 03:31 pm

Close enough for gov't work  

Is there a simple way

Posted by DigiNomad on 18th of Oct 2023 at 03:00 pm

Is there a simple way to convert ES to SPX (without pulling up an ES chart) or is it like trying to convert celsius to fahrenheit in your head? 

Digi - you should be

Posted by steve on 18th of Oct 2023 at 03:09 pm

Digi - you should be able to put up on your screen to monitor without looking at a chart - any broker can supply such quote

I have access through at

Posted by DigiNomad on 18th of Oct 2023 at 03:12 pm

I have access through at least 3 or 4 platforms I use, but I don't track it any more because I try to keep my screen de cluttered / focused and it's not a product I trade. I should probably at least add it to a watchlist again so I can refer to your levels. 

Currently  SPX 27 points lower

Posted by steve on 18th of Oct 2023 at 03:04 pm

Currently  SPX 27 points lower - that gap will shrink into expiration 

ES tags first target -

Posted by steve on 18th of Oct 2023 at 10:25 am

ES tags first target - brutal action here of late 

taking escalator down now

Posted by shellson2 on 18th of Oct 2023 at 10:30 am

taking escalator down now

4366 support on ES -

Posted by steve on 18th of Oct 2023 at 10:14 am

4366 support on ES - bulls want to hold.   

ES support 4387/90 - attempting

Posted by steve on 17th of Oct 2023 at 02:13 pm

ES support 4387/90 - attempting to bounce 

IF lost 4377/72 

ES reached next target zone

Posted by steve on 17th of Oct 2023 at 12:37 pm

ES reached next target zone around 4422 trail 

Steve, education question for you

Posted by DK on 17th of Oct 2023 at 01:08 pm

Steve, education question for you and Matt. So far they have come up short filling the gap on the SPX at 4400ish, but if and when they do fill it and perhaps run it higher, is this what you refer to as creating liquidity? Trying to learn here!  Thx,

They  ran the equal highs

Posted by steve on 17th of Oct 2023 at 01:23 pm

They  ran the equal highs on the SPX earlier (that's what I see creating liquidity and soon after your get a pullback).   The break takes out stops and gets some traders to chase setting the trap and then reverse.  Down 20+ points since 

Thanks as always Steve!

Posted by DK on 17th of Oct 2023 at 01:39 pm

Thanks as always Steve!

Now 30+ points for that

Posted by steve on 17th of Oct 2023 at 01:53 pm

Now 30+ points for that Bull trap (divergent high).   It's a hit and run market of late - for swings have to ride through the chop add weakness with stops 

ES support 4397/93 topside 4408

Posted by steve on 16th of Oct 2023 at 02:02 pm

ES support 4397/93 topside 4408 4416/20 and 4428 

ES lost 4393 targets below

Posted by steve on 17th of Oct 2023 at 08:39 am

ES lost 4393 targets below 4377 4370/65 bulls will need to reclaim 4393

ES Trade Shorts

Posted by steve on 17th of Oct 2023 at 09:42 am

Two targets achieved on ES - bulls need to hold 4365/62 now  breaks the 4352/47 and 4342/36 below 

Target above on holding support is  4383/90 4398/4407

Just to be clear on

Posted by steve on 17th of Oct 2023 at 09:59 am

Just to be clear on ES this is testing the zone where ES blasted off yesterday (key zone) 

50 points after the successful

Posted by steve on 17th of Oct 2023 at 11:52 am

50 points after the successful backtest of the key zone (yesterday's breakout area around 4365).  

Nearly a 20 point bounce

Posted by steve on 17th of Oct 2023 at 10:13 am

Nearly a 20 point bounce out of the highlighted zone 

thx Steve

Posted by matt on 17th of Oct 2023 at 10:01 am

thx Steve

nice rebound from the zone

Posted by matt on 17th of Oct 2023 at 10:35 am

nice rebound from the zone Steve mentioned below

ES 4407 reached 

Posted by steve on 13th of Oct 2023 at 09:58 am

ES 4407 reached 

ES support now 4493/80 (previous

Posted by steve on 13th of Oct 2023 at 09:55 am

ES support now 4493/80 (previous resistance now support)

ES lost support and down

Posted by steve on 13th of Oct 2023 at 10:53 am

ES lost support and down she goes - nice reaction from SUPPLY ZONES 

on this ride down

Posted by srusso1 on 13th of Oct 2023 at 10:54 am

on this ride down

Nearly perfect bounce off support

Posted by steve on 13th of Oct 2023 at 08:41 am

Nearly perfect bounce off support for ES - trailing up now 

ES got the pullback last

Posted by steve on 13th of Oct 2023 at 08:57 am

ES got the pullback last night I was hoping for and riding this bounce along with GC (took some down here) 

Steve   how do keep

Posted by rbreese on 13th of Oct 2023 at 08:46 am

Steve   how do keep up with your crazy hours of posting at 2 30a.m. and again 5 hours later? 

I literally collapsed yesterday afternoon

Posted by steve on 13th of Oct 2023 at 08:52 am

I literally collapsed yesterday afternoon - working 18+ hours a day at 60 years old not good 

get some rest Steve!

Posted by morton7 on 13th of Oct 2023 at 08:57 am

get some rest Steve!

Expecting a test of supply

Posted by steve on 13th of Oct 2023 at 08:43 am

Expecting a test of supply - unless takes out highs then look for a pulback from supply zone.  Level to level here 

Steve just to confirm, the

Posted by DK on 13th of Oct 2023 at 08:49 am

Steve just to confirm, the supply you're talking about for the SPX is shown on your 30 minute chart from last night starting around 4365?

Yes - ES up 25+

Posted by steve on 13th of Oct 2023 at 08:53 am

Yes - ES up 25+ points from support so trail up - just because it moves into supply is not a reason to short without a valid trigger (it's just a zone that bulls need to overcome) 

Steve, grateful for all your

Posted by DK on 13th of Oct 2023 at 09:15 am

Steve, grateful for all your guidance and for always answering my questions.

ES retraced approximately .382 (4358)

Posted by steve on 12th of Oct 2023 at 03:24 pm

ES retraced approximately .382 (4358) of Wave 2-3 (normal) 

50% is 4336 (below that number then this count becomes questionable) 

ES hurdle is 4380/83 

Posted by steve on 12th of Oct 2023 at 03:20 pm

ES hurdle is 4380/83 

Note: ES Levels Updated 

Posted by steve on 12th of Oct 2023 at 01:59 pm

Note: ES Levels Updated 

ES 4366 next level 

Posted by steve on 12th of Oct 2023 at 01:51 pm

ES 4366 next level 

Achieved 

Posted by steve on 12th of Oct 2023 at 02:03 pm

Achieved 

ES resistance now 4420/22 (will

Posted by steve on 12th of Oct 2023 at 09:26 am

ES resistance now 4420/22 (will need to reclaim and build or be weary of failed move today).  Was a nice sale early today as posted pre-market.  Wave 4s are not easy to trade. 

I was on watch for

Posted by steve on 12th of Oct 2023 at 01:23 pm

I was on watch for a failed move as posted earlier - notice the false break on the SPX 4385.85 vs 4385.46 (they trap the late buyers providing liquidity) 

See my comments from earlier on the false break AND resistance levels (click next to the arrow for the stream)

ES reached next target zone

Posted by steve on 12th of Oct 2023 at 07:25 am

ES reached next target zone overnight (made a higher high and now we have 5 higher subwaves for larger wave 3 in toe so on watch for a wave 4 pullback under the view posted yesterday).  Let's see what CPI has in store 

ES 20+ points on that

Posted by steve on 12th of Oct 2023 at 08:42 am

ES 20+ points on that pullback

Steve despite the higher than

Posted by DK on 12th of Oct 2023 at 08:55 am

Steve despite the higher than expected CPI and the 20 point sell-off in ES immediately thereafter which has already started to recover, it feels like they want to push SPX to close the gap up at 4400ish in the regular session. Are you going to be on the lookout for some kind of reversal when if and we get up to that level?

Yes watch yields for reversal

Posted by steve on 12th of Oct 2023 at 09:15 am

Yes watch yields for reversal intraday to see if the bounce commences - won't worry about anything else for now

ES from 4377 to 4418 

Posted by steve on 11th of Oct 2023 at 04:44 pm

ES from 4377 to 4418 

Next target zone on ES

Posted by steve on 9th of Oct 2023 at 12:20 pm

Next target zone on ES 4347/51

ES achieved 4347/51 zone

Posted by steve on 9th of Oct 2023 at 01:36 pm

ES achieved 4347/51 zone

ES bounced near 4310 and

Posted by steve on 9th of Oct 2023 at 09:26 am

ES bounced near 4310 and reached initial target 4322 - thinner market today with Bond market closed 

ES Support now 4255/50

Posted by steve on 6th of Oct 2023 at 09:26 am

ES Support now 4255/50

Just getting my blood work

Posted by steve on 6th of Oct 2023 at 11:53 am

Just getting my blood work done - see that ES moved 70 points off that support level (that was the low on the initial pullback).  Big time squeeze - well done fellas

see my posts below

Posted by matt on 6th of Oct 2023 at 11:55 am

see my posts below

ES bounced off support -

Posted by steve on 6th of Oct 2023 at 09:47 am

ES bounced off support - I have an appointment this morning so will be out for awhile - best wishes to all 

ES Bulls want to hold

Posted by steve on 4th of Oct 2023 at 10:15 am

ES Bulls want to hold 4256/50 support for Upside 

ES held support and nice

Posted by steve on 4th of Oct 2023 at 10:35 am

ES held support and nice bounce 

will look for higher low

Posted by srusso1 on 4th of Oct 2023 at 10:46 am

will look for higher low now. SPX

ES has a 3 year

Posted by steve on 3rd of Oct 2023 at 11:47 am

ES has a 3 year high volume node around 4190-4220 (mentioned this to Matt last week).  That is often a good target 

ES Several Target Zones Achieved 

Posted by steve on 3rd of Oct 2023 at 11:19 am

ES Several Target Zones Achieved 

ES resistance zone 4308-20 broadly

Posted by steve on 3rd of Oct 2023 at 09:47 am

ES resistance zone 4308-20 broadly speaking 

Unable to clear ES resistance

Posted by steve on 3rd of Oct 2023 at 10:07 am

Unable to clear ES resistance zone and plunged 

ES reached first zone overhead 

Posted by steve on 2nd of Oct 2023 at 11:28 am

ES reached first zone overhead 

ES quick 12+ point pullback

Posted by steve on 2nd of Oct 2023 at 11:38 am

ES quick 12+ point pullback from that zone 

Make that 30+ points 

Posted by steve on 2nd of Oct 2023 at 11:57 am

Make that 30+ points 

nice job!

Posted by matt on 2nd of Oct 2023 at 11:46 am

nice job!

ES Tested 4315 bulls will

Posted by steve on 2nd of Oct 2023 at 08:12 am

ES Tested 4315 bulls will need to reclaim 4322 for starters 

This aligns with 4315 ES 

Posted by steve on 29th of Sep 2023 at 01:30 pm

This aligns with 4315 ES 

ES Support now 4352/47 and

Posted by steve on 29th of Sep 2023 at 10:44 am

ES Support now 4352/47 and 4342 

ES support now shifts to

Posted by steve on 28th of Sep 2023 at 01:04 pm

ES support now shifts to 4338/35 and 4322/18 

Overhead 4365/75

ES reached initial zone 

Posted by steve on 29th of Sep 2023 at 09:09 am

ES reached initial zone 

Next zone is 4330/35 (huge

Posted by steve on 27th of Sep 2023 at 03:08 pm

Next zone is 4330/35 (huge squeeze) then 4345/58 4375

Can you trust this squeeze

Posted by marcorab on 27th of Sep 2023 at 03:13 pm

Can you trust this squeeze when $TNX is still at the highs ?

ES bounced off 4377 

Posted by steve on 27th of Sep 2023 at 02:29 pm

ES bounced off 4377 

ES fighting hard to hold

Posted by steve on 27th of Sep 2023 at 11:57 am

ES fighting hard to hold its 200 MA (several tests now) - bears remain in control after rejection from supply zone posted earlier 

ES 4305.50 yesterday low -

Posted by steve on 27th of Sep 2023 at 10:54 am

ES 4305.50 yesterday low - keep close watch on the VIX 

ES bounced near 4315 (high

Posted by steve on 27th of Sep 2023 at 10:24 am

ES bounced near 4315 (high volume node from yesterday)

ES testing initial resistance zone

Posted by steve on 27th of Sep 2023 at 05:06 am

ES testing initial resistance zone

ES 200 day as posted

Posted by steve on 26th of Sep 2023 at 01:44 pm

ES 200 day as posted is 4302

ES tagged 4322 now resistance

Posted by steve on 26th of Sep 2023 at 01:17 pm

ES tagged 4322 now resistance 4335/38 then 4347/53

Support 4325 

ES rejected that zone 4335/38

Posted by steve on 26th of Sep 2023 at 01:39 pm

ES rejected that zone 4335/38

ES Sunday Night's low 4338ish 

Posted by steve on 26th of Sep 2023 at 09:58 am

ES Sunday Night's low 4338ish 

ES big level around 4330/35

Posted by steve on 25th of Sep 2023 at 11:52 am

ES big level around 4330/35 held today

ES below 4375 opens up

Posted by steve on 22nd of Sep 2023 at 09:52 am

ES below 4375 opens up for 4363 4355/47 - bulls need to reclaim 4385 for a test of 4400 area 

ES held and bounced from

Posted by steve on 22nd of Sep 2023 at 08:25 am

ES held and bounced from the initial support level posted in newsletter yesterday afternoon with BOJ making no changes on their loose policy

4368 tagged 

Posted by steve on 21st of Sep 2023 at 04:09 pm

4368 tagged 

One thing - until a

Posted by steve on 21st of Sep 2023 at 11:16 am

One thing - until a previous support-/resistance level is reclaimed be wary of bounces being sold. 

ES levels updated to reflect

Posted by steve on 19th of Sep 2023 at 11:58 am

ES levels updated to reflect action thus far on Tuesday - Around 1:30 am my time ES reached the first zone 4508/12 and I posted as such.   

With QQQ into fresh demand not interested in chasing new shorts (trail down on existing)  = ES bounce levels above if price can hold 4462

Timely 

Posted by steve on 19th of Sep 2023 at 01:47 pm

Timely 

NQ

Posted by steve on 18th of Sep 2023 at 09:35 am

NQ demand zone 15,341-15,246

NQ popped off demand zone

Posted by steve on 18th of Sep 2023 at 10:35 am

NQ popped off demand zone early and broke small time frame structure so now new demand zone 15,375=15,340  

Above 15,445 may lead to further squeeze direct with resistance at 15,435/15,443

NQ nearly 60 points now

Posted by steve on 18th of Sep 2023 at 11:25 am

NQ nearly 60 points now on the bounce 

NQ 80 points from Demand

Posted by steve on 18th of Sep 2023 at 11:55 am

NQ 80 points from Demand Zone - not bad in this chop 

Also note the VIX intraday

Posted by steve on 18th of Sep 2023 at 11:58 am

Also note the VIX intraday after today's gap higher open - smash down from opening 15 minute candle 

Quick pop on NQ (QQQ

Posted by steve on 18th of Sep 2023 at 10:57 am

Quick pop on NQ (QQQ calls) - choppy action so lock down some gains and trail if partaking (nothing easy in chop) 

Steve, the demand zone you

Posted by DK on 18th of Sep 2023 at 10:54 am

Steve, the demand zone you showed in the newsletter for the Qs is much much lower than their current price which means that if they were to get down there, NQ would probably have to get far below the current demand zone you list above15375-15340. How do we reconcile that?

Answer:  The QQQ shows Daily Demand zone - I'm simply trading intraday zones but more credence on the Daily for sure 

What I post here is

Posted by steve on 18th of Sep 2023 at 10:57 am

What I post here is updated based upon recent price action - focus on such levels for intraday.  I replied directly to your post - added below your question that Daily is more important but simply playing intraday for trade.  Note the 30 minute QQQ chart as well from weekend. 

NQ quick fade off resistance

Posted by steve on 18th of Sep 2023 at 10:50 am

NQ quick fade off resistance now into support but extremely choppy today so position small and remain nimble IF attempting to play

Most overseas markets lower overnight

Posted by steve on 18th of Sep 2023 at 08:21 am

Most overseas markets lower overnight with DAX/CAC down approximately 1 percent.  

ES traded in low 4500s until losing initial support 4497 and falling down to next level 4487

ES already down 20+ points

Posted by steve on 15th of Sep 2023 at 09:26 am

ES already down 20+ points from cited level 

Now 30 points on ES

Posted by steve on 15th of Sep 2023 at 09:38 am

Now 30 points on ES (trim and trail) 

Make that 50+ points (nasty

Posted by steve on 15th of Sep 2023 at 11:00 am

Make that 50+ points (nasty reversal but we were prepared with supply) 

very nice!

Posted by matt on 15th of Sep 2023 at 09:40 am

very nice!

ES support 4548 4542/40 

Posted by steve on 14th of Sep 2023 at 02:48 pm

ES support 4548 4542/40 

ES 4556 achieved 

Posted by steve on 14th of Sep 2023 at 12:22 pm

ES 4556 achieved 

ES reached next zone 4549 

Posted by steve on 14th of Sep 2023 at 11:03 am

ES reached next zone 4549 

ES Overnight support 4505/97 with

Posted by steve on 12th of Sep 2023 at 05:30 pm

ES Overnight support 4505/97 with initial resistance 4516 

ES pullback from initial resistance

Posted by steve on 11th of Sep 2023 at 09:46 am

ES pullback from initial resistance zone

ES 4476 achieved 

Posted by steve on 8th of Sep 2023 at 10:32 am

ES 4476 achieved 

ES 4465/66 tagged 

Posted by steve on 8th of Sep 2023 at 09:37 am

ES 4465/66 tagged 

ES Support 4448 and 4440

Posted by steve on 7th of Sep 2023 at 03:23 pm

ES Support 4448 and 4440 with levels above 4473/74 4485/90

Closed my shorts into this

Posted by steve on 6th of Sep 2023 at 01:09 pm

Closed my shorts into this support 

ES 4448/43 and NQ 15137/307 bounce zones 

ES reached next zone 4553/48

Posted by steve on 6th of Sep 2023 at 12:52 pm

ES reached next zone 4553/48 resistance now 4566 

ES Bounce stalling near level

Posted by steve on 6th of Sep 2023 at 02:05 pm

ES Bounce stalling near level posted - continue to monitor

Once ES lost Key support

Posted by steve on 6th of Sep 2023 at 12:22 pm

Once ES lost Key support you can see the move (quick flush) 

ES 4464/68 achieved potential bounce

Posted by steve on 6th of Sep 2023 at 10:54 am

ES 4464/68 achieved potential bounce zone

Thanks for SPX chart and

Posted by srusso1 on 6th of Sep 2023 at 10:59 am

Thanks for SPX chart and heads up.

ES Support now 4527/31 

Posted by steve on 1st of Sep 2023 at 09:12 am

ES Support now 4527/31 

ES Bulls held 4515 support

Posted by steve on 1st of Sep 2023 at 08:21 am

ES Bulls held 4515 support and moved up to achieve initial target zone overnight 

ES 4537 achieved - will

Posted by steve on 31st of Aug 2023 at 08:23 am

ES 4537 achieved - will update levels soon

ES reached 4516.50 overnight support

Posted by steve on 30th of Aug 2023 at 08:49 am

ES reached 4516.50 overnight support zone 4497/93 and below 4487 would target 4478/70.  Upside levels now 4515/23 and 4532/39

ES support below around 4490/95

Posted by steve on 29th of Aug 2023 at 06:54 pm

ES support below around 4490/95 with big support now at 4450 holding above on dips could see a retest of 4600.  

Continue to monitor USD/DXY along with AAPL for guideposts 

ES 4509 reached - next

Posted by steve on 29th of Aug 2023 at 03:47 pm

ES 4509 reached - next above is 4513/17

Ribbons are quite stretched on the 60/120 minute charts 

ES support is now 4487

Posted by steve on 29th of Aug 2023 at 01:46 pm

ES support is now 4487

ES 4448   

Posted by steve on 28th of Aug 2023 at 01:09 pm

ES 4448   

ES nice bounce off 4424

Posted by steve on 28th of Aug 2023 at 01:01 pm

ES nice bounce off 4424 initial support 

straight up WoW

Posted by srusso1 on 28th of Aug 2023 at 01:05 pm

straight up WoW

Tagged that 4428/33 zone and

Posted by steve on 25th of Aug 2023 at 03:03 pm

Tagged that 4428/33 zone and reversed - thin and moves quick.  Many swings (scalps) today

ES 4393 achieved

Posted by steve on 25th of Aug 2023 at 04:45 am

ES 4393 achieved

For ES important support is

Posted by steve on 24th of Aug 2023 at 10:59 am

For ES important support is in the low 4400s (note the prior low) 

ES Lost that zone late

Posted by steve on 24th of Aug 2023 at 05:38 pm

ES Lost that zone late day and flushed 

One reason was the gamma

Posted by steve on 25th of Aug 2023 at 08:42 am

One reason was the gamma squeeze due to 0DTE put buyers (market makers hedge by shorting stocks).   Saw the opposite on the buy side several times back in June/July.  But this action helps explain why we don't seem to get immediate follow thru selling on such candles.  Now with that said, JP on deck.

ES 4367 now support if

Posted by steve on 18th of Aug 2023 at 02:01 pm

ES 4367 now support if lost back to 4355, 4344/40 

Above 4383 and 4494/97 then 4407/17

Achieved target zone 4394/97 (a

Posted by steve on 18th of Aug 2023 at 03:52 pm

Achieved target zone 4394/97 (a +1,000 Tick into that zone thus pullback)

ES formed overhead supply 4447-4467

Posted by steve on 17th of Aug 2023 at 08:48 am

ES formed overhead supply 4447-4467 and Daily Supply above is at 4484-4518

ES 4448 now resistance (reached

Posted by steve on 16th of Aug 2023 at 12:29 pm

ES 4448 now resistance (reached 4444/4438 zone) next support below around 4430

Level to level on ES

Posted by steve on 16th of Aug 2023 at 10:04 am

Level to level on ES faded 4467 then 4444 then 4467 held again 

ES nearing secondary zone 

Posted by steve on 16th of Aug 2023 at 08:55 am

ES nearing secondary zone 

ES Support now 4479/76 with

Posted by steve on 14th of Aug 2023 at 11:20 am

ES Support now 4479/76 with next upside zone 4508/15

ES Levels updated - overnight

Posted by steve on 11th of Aug 2023 at 08:20 am

ES Levels updated - overnight ES traded within the levels provided in newsletter yesterday

ES Moved Down to the

Posted by steve on 11th of Aug 2023 at 08:38 am

ES Moved Down to the Initial Support Zone in Yesterday's Newsletter (4475/70)

ES 4493 now resistance 

Posted by steve on 10th of Aug 2023 at 02:35 pm

ES 4493 now resistance 

ES 4475 achieved - gave

Posted by steve on 10th of Aug 2023 at 01:58 pm

ES 4475 achieved - gave levels and plan earlier. No  structure break (much more important than symmetry)   

ES Levels Below 4488 (tagged)

Posted by steve on 10th of Aug 2023 at 12:36 pm

ES Levels Below 4488 (tagged) 4475/66 4453/48 4428/18

Upside Bulls want to reclaim 4509 for starters 

Tested initial resistance on ES

Posted by steve on 10th of Aug 2023 at 08:34 am

Tested initial resistance on ES 4524/27

ES bouncing off 4509

Posted by steve on 9th of Aug 2023 at 10:02 am

ES bouncing off 4509

That key triangle support was

Posted by steve on 8th of Aug 2023 at 04:07 pm

That key triangle support was tested once again and held today

ES did take out a prior high today with a move above 4511 

ES support now 4509

Posted by steve on 8th of Aug 2023 at 04:03 pm

ES support now 4509

For starters ES must now

Posted by steve on 8th of Aug 2023 at 10:46 am

For starters ES must now reclaim 4493 and build above - very weak

ES

Posted by steve on 8th of Aug 2023 at 08:07 am

Bulls losing support 4509, unless they can get back above 4509 and 4524/27, this opens door for more direct downside.  

ES longs 4507/10 with upside

Posted by steve on 7th of Aug 2023 at 08:53 am

ES longs 4507/10 with upside targets 4520/28 4536/38

Below 4504 - look for test of 4493/88

Likely to favor an inside day 

ES overnight high 4522

Posted by steve on 7th of Aug 2023 at 07:18 am

ES overnight high 4522

ES 4509 initial resistance fob

Posted by steve on 6th of Aug 2023 at 08:02 pm

ES 4509 initial resistance fob bulls to reclaim 

Steve have you considered adding

Posted by mundy on 4th of Aug 2023 at 06:48 pm

Steve have you considered adding NQ, I know you did give some levels a week ago. Next question:- Have you ever looked at the weekly levels? Could they be useful for the longer term trader.

I only have so much

Posted by steve on 5th of Aug 2023 at 10:42 am

I only have so much time to review these things so I will attempt to post when I have time to review.  ES will remain the focus along with the SPX and QQQ 

ES Support 4524/17 then 4509

Posted by steve on 4th of Aug 2023 at 02:17 pm

ES Support 4524/17 then 4509 - gateway to new lows if lost 

Very heavy selling in this

Posted by steve on 4th of Aug 2023 at 02:19 pm

Very heavy selling in this window 

Steve, why is ES your

Posted by DigiNomad on 4th of Aug 2023 at 02:25 pm

Steve, why is ES your primary reference? I assume you trade futures? Do a lot of other people on here also trade ES?  Just wondering because it's confusing for me as a SPX and SPY trader (those are much closer to each other in nominal terms). 

It trades around the clock

Posted by steve on 4th of Aug 2023 at 02:29 pm

It trades around the clock so that's why - you can apply to the SPX 

I for one virtually only

Posted by mundy on 4th of Aug 2023 at 06:46 pm

I for one virtually only trade futures because of living in New Zealand. I use ES, NQ, YM, RTY, GC and MBT.

SPX does also...it's just not

Posted by DigiNomad on 4th of Aug 2023 at 02:32 pm

SPX does also...it's just not available as easily as ES on many platforms.  (I think it trades 23.5 hours per day...but I could be off on that).

It doesn't really apply well to SPX. It's a 25 point delta right now and was 30 point delta 15 minutes ago. 

No it does not it

Posted by steve on 4th of Aug 2023 at 02:34 pm

No it does not it closes at 4 pm EST -currently there is a 20 point difference to SPX and ES just adjust to SPX 

I make after hours trades

Posted by DigiNomad on 4th of Aug 2023 at 02:35 pm

I make after hours trades in SPX all the time. On the CBOE website they advertise it as a 24/5 product. 

You make after hours trades

Posted by steve on 4th of Aug 2023 at 02:35 pm

You make after hours trades but the index closes at 4 pm.  Just take my levels and adjust the the SPX (simple)

ES is the SPX futures - SPX is a cash index with regular trading hours (that' why they ring the bell) 

I rarely trade SPY at

Posted by DigiNomad on 4th of Aug 2023 at 02:38 pm

I rarely trade SPY at all. Only for really small accounts.


I have been trading more

Posted by DigiNomad on 4th of Aug 2023 at 02:39 pm

I have been trading more in the overnight since I figured out the OANDA trick in Trading View (thanks for that BTW)

Yes I told you about

Posted by steve on 4th of Aug 2023 at 02:40 pm

Yes I told you about OANDA but Futures have tax benefits as well 

The tax benefits are why

Posted by DigiNomad on 4th of Aug 2023 at 02:41 pm

The tax benefits are why I stick with SPX and NDX. Same as futures. 60/40 treatment. 

They are ripping thru support

Posted by steve on 4th of Aug 2023 at 02:23 pm

They are ripping thru support levels - so remain cautious here 

ES next potential target area

Posted by steve on 4th of Aug 2023 at 10:34 am

ES next potential target area 4555/64 if wants higher...nice bounce from support (4515/20) so trim and trail.  Some resistance right around here to clear (4545)

ES into that zone I

Posted by steve on 4th of Aug 2023 at 12:48 pm

ES into that zone I posted after the pullback (40 points on the lift).. now protect profits. This has been a fantastic trading day on ES with those levels 

Pretty damn clear on the

Posted by steve on 4th of Aug 2023 at 03:03 pm

Pretty damn clear on the resistance zone 

Level to level trading on

Posted by steve on 4th of Aug 2023 at 01:59 pm

Level to level trading on ES - now down 20+ points from zone 

ES Level Achieved

Posted by steve on 4th of Aug 2023 at 12:26 pm

Yes Sir - trail em up further 

ES Hard Rejection near 4550

Posted by steve on 4th of Aug 2023 at 10:13 am

ES Hard Rejection near 4550 zone - bulls prefer to hold 4520/15 

Below 4510/07 - shorts to next levels 

ES 30 point rebound from

Posted by steve on 4th of Aug 2023 at 11:49 am

ES 30 point rebound from posted support 

ES bounced from posted support 

Posted by steve on 4th of Aug 2023 at 10:20 am

ES bounced from posted support 

NYAD still ~ 2:1 positive

Posted by kevindeng0727 on 4th of Aug 2023 at 10:18 am

NYAD still ~ 2:1 positive on this pullback

ES looks poised to test

Posted by steve on 4th of Aug 2023 at 09:33 am

ES looks poised to test the 4550 area (see levels) 

Notice the reaction off that

Posted by steve on 4th of Aug 2023 at 10:00 am

Notice the reaction off that ES zone 

Achieved - reaching that target

Posted by steve on 4th of Aug 2023 at 09:40 am

Achieved - reaching that target zone and now let's see how it reacts 

ES Damn Good Levels 

Posted by steve on 4th of Aug 2023 at 09:52 am

ES Damn Good Levels 

ES Support 4522/4515 upside 4530/37

Posted by steve on 4th of Aug 2023 at 08:28 am

ES Support 4522/4515 upside 4530/37 then 4449/55 clears 4566/75

Below 4507 next 4495/85

Took some gains after fading

Posted by steve on 3rd of Aug 2023 at 10:32 am

Took some gains after fading resistance - if ES loses 4505 likely to test under 4500 

I wanted to see at

Posted by steve on 3rd of Aug 2023 at 10:34 am

I wanted to see at least a retest of the opening lows (after bulls failed to reclaim)...achieved with a minor new low thus far.  

ES will need to reclaim

Posted by steve on 2nd of Aug 2023 at 12:19 pm

ES will need to reclaim a resistance in order to see a relief bounce/rally, now 4552.  SPX/ES some positive divergence on 5 minute

This is why a wait

Posted by steve on 2nd of Aug 2023 at 03:37 pm

This is why a wait for a change of structure - ES failed to take back 4552 and made new low

The 47 day streak is broken of no 1% down days for SPX

Not yet broken    Still

Posted by DigiNomad on 2nd of Aug 2023 at 03:48 pm

Not yet broken    Still time to buy trillions worth of out of the money SPX calls in the next 15 minutes to  float this pig back to less than a 1% loss. 

ES 4560/57 then 4547 supports

Posted by steve on 2nd of Aug 2023 at 04:08 am

ES 4560/57 then 4547 supports below 4572

ES dropped down to 4572ish

Posted by steve on 1st of Aug 2023 at 06:05 pm

ES dropped down to 4572ish on the news before bouncing back to 4580ish

ES support zone held and

Posted by steve on 1st of Aug 2023 at 02:50 pm

ES support zone held and bounced twice 

ES initial support 4593/90 Overnight ES

Posted by steve on 1st of Aug 2023 at 09:15 am

ES initial support 4593/90

Overnight ES reached 4620 level 

ES bounced off initial support 

Posted by steve on 31st of Jul 2023 at 01:09 pm

ES bounced off initial support 

ES Fib Levels

Posted by steve on 28th of Jul 2023 at 08:52 am

ES 4594.25 is 50% Fib and 4604 is .618 4617.75 is .786

ES Support now 4582/84

Posted by steve on 28th of Jul 2023 at 08:43 am

ES Support now 4582/84

Agree with this lady's view

Posted by steve on 28th of Jul 2023 at 08:41 am

Agree with this lady's view on causes on the ramp in inflation 

ES pulling back some but

Posted by steve on 27th of Jul 2023 at 10:09 am

ES pulling back some but support under at 4617/10

Can you please add futures

Posted by 2schnauzers on 27th of Jul 2023 at 09:30 am

Can you please add futures to the KISS tables?

I trade primarily futures /ES /NQ /CL etc. it would be great if you could add these along with the interest rate and foreign currency and agricultural. You must be generating them to display the ES daily stuff. Thanks!

again we need to finish

Posted by matt on 27th of Jul 2023 at 09:33 am

again we need to finish other projects like the automatic email for set favorites. We can add a column eventually for some select futures, or maybe I can simply add ES and NQ and YM to the the SPX, Nasdaq, and Dow table - for now I'll simply do that

I added ES, YM, NQ

Posted by matt on 27th of Jul 2023 at 09:38 am

I added ES, YM, NQ to the ETF column - should show up after the KISS tables are updated after the close

Thanks looks great, if its

Posted by 2schnauzers on 27th of Jul 2023 at 04:19 pm

Thanks looks great, if its not too much trouble RTY as well. (and in your copious free time the currencies)

I'd love KISS for like

Posted by donkeyface on 28th of Jul 2023 at 08:14 am

I'd love KISS for like 2min charts and 10min... gimme some LTFs fam.  LOL.      AND a day trading specific channel so you can tackle the 4 customers who day trade.  LOLOL... thanks as always,  this was great addition.


ES held support and now

Posted by steve on 26th of Jul 2023 at 02:42 pm

ES held support and now getting a bounce - reaching a few targets (next 4612-24 zone) 

Did some news just drop

Posted by icecoldjones on 26th of Jul 2023 at 02:43 pm

Did some news just drop in that FMOC?

ES Support 4593 and 4582

Posted by steve on 25th of Jul 2023 at 05:52 pm

ES Support 4593 and 4582 Overnight 

ES 4603 is pretty decent

Posted by steve on 25th of Jul 2023 at 01:37 pm

ES 4603 is pretty decent resistance so protect 

ES tested and found sellers

Posted by steve on 25th of Jul 2023 at 09:15 am

ES tested and found sellers at 4093 and has pulled back about 12 points from that zone back to support around 4580ish

ES stymied at 4590/93 zone

Posted by steve on 24th of Jul 2023 at 02:48 pm

ES stymied at 4590/93 zone nice quick fade 

ES approaching next level 4585/86

Posted by steve on 18th of Jul 2023 at 02:08 pm

ES approaching next level 4585/86 - simply trail up - until a support level is breached

ES 4572 clipped  above 4578

Posted by steve on 18th of Jul 2023 at 11:24 am

ES 4572 clipped  above 4578  then 4585

Support now 4551 and 4545

Narrow range on ES overnight

Posted by steve on 17th of Jul 2023 at 09:00 am

Narrow range on ES overnight 4527.75-4539.25 

Likely to be trappy for bulls and bears if zig zag moves unfolding 

ES 4520 support tested early

Posted by steve on 13th of Jul 2023 at 03:53 pm

ES 4520 support tested early today then 30 point run 

ES overnight range 4411-4440 with

Posted by steve on 10th of Jul 2023 at 09:01 am

ES overnight range 4411-4440 with levels updated above. 

Very nauseous this morning so need to lay down for awhile 

You’ve probably addressed this before…

Posted by donkeyface on 8th of Jul 2023 at 07:34 am

You’ve probably addressed this before… how are you getting these ES levels?    Is it manual or is there an indicator?   Also you guys could package up your Tradingview Indicators and sell them?!?  Thanks

ES support now shifts up

Posted by steve on 30th of Jun 2023 at 09:50 am

ES support now shifts up to 4460-65 and 4445 

ES next level 4460-65 with

Posted by steve on 30th of Jun 2023 at 08:33 am

ES next level 4460-65 with support 4440

ES approaching 4455 Most bullish view

Posted by steve on 30th of Jun 2023 at 06:35 am

ES approaching 4455

Most bullish view is a nested 1-2 

PCE at 8:30 EST

ES building energy in the

Posted by steve on 29th of Jun 2023 at 11:18 am

ES building energy in the 4400-4435 range 

ES has a 60 minute

Posted by steve on 29th of Jun 2023 at 08:48 am

ES has a 60 minute wedge into supply currently to monitor

Quick 10+ points pullback

Posted by steve on 29th of Jun 2023 at 08:53 am

Quick 10+ points pullback

Now 20+ ES points from

Posted by steve on 29th of Jun 2023 at 09:16 am

Now 20+ ES points from earlier highs 

ES right back to the

Posted by steve on 28th of Jun 2023 at 12:33 pm

ES right back to the pivot - nice trade 

ES paused near 4431 

Posted by steve on 28th of Jun 2023 at 12:21 pm

ES paused near 4431 

ES tested pivot 4389 (held)

Posted by steve on 27th of Jun 2023 at 10:12 am

ES tested pivot 4389 (held) and reversed down 

ES initial test of 4404

Posted by steve on 26th of Jun 2023 at 10:11 am

ES initial test of 4404 failed 

Nice fade from that level

Posted by steve on 26th of Jun 2023 at 10:41 am

Nice fade from that level - big hurdle which equates to around 4263 SPX.  Markets are attempting to balance after a big run 

ES Faded Right Off 4404 

Posted by steve on 22nd of Jun 2023 at 08:56 am

ES Faded Right Off 4404 

The new Kiss STS Tables

Posted by srusso1 on 22nd of Jun 2023 at 09:12 am

The new Kiss STS Tables look great Thanks Matt, James and Steve for all your hard work   

Indeed! Kudos

Posted by shellson2 on 22nd of Jun 2023 at 09:16 am

Indeed! Kudos

ES Support 4393 (tested) First

Posted by steve on 22nd of Jun 2023 at 08:05 am

ES Support 4393 (tested) First level overhead 4404 to reclaim - other levels posted 

ES Support 4430 4421 4405

Posted by steve on 20th of Jun 2023 at 08:37 am

ES Support 4430 4421 4405 with 4455 and 4466 topside

ES 4462 Support for Overnight

Posted by steve on 15th of Jun 2023 at 05:07 pm

ES 4462 Support for Overnight - Big level below at 4430

ES Support 4385 with resistance

Posted by steve on 14th of Jun 2023 at 02:37 pm

ES Support 4385 with resistance 4408-4414

ES Support now 4395-43801

Posted by steve on 13th of Jun 2023 at 09:46 am

ES Support now 4395-43801

ES bounced near support level

Posted by steve on 13th of Jun 2023 at 10:38 am

ES bounced near support level posted 

ES high 4415.50 (near 2nd

Posted by steve on 13th of Jun 2023 at 09:21 am

ES high 4415.50 (near 2nd level)

Maybe a gap fill and

Posted by steve on 13th of Jun 2023 at 09:23 am

Maybe a gap fill and bounce today - let's see 

Resistance area here on ES 

Posted by steve on 12th of Jun 2023 at 02:04 pm

Resistance area here on ES 

Big target range on ES

Posted by steve on 9th of Jun 2023 at 10:23 am

Big target range on ES here 4325-30 (locking in some gains)

ES Stalling at this big

Posted by steve on 9th of Jun 2023 at 10:42 am

ES Stalling at this big level 

4315 tagged 

Posted by steve on 9th of Jun 2023 at 09:45 am

4315 tagged 

Continue to trail up stops

Posted by steve on 9th of Jun 2023 at 09:26 am

Continue to trail up stops on longs and remain prudent - a few names gapping today

ES support 4280 if lost

Posted by steve on 8th of Jun 2023 at 07:57 pm

ES support 4280 if lost may target 4255 holding back to 4300 and clearing may target 4325 

Good levels overnight - also

Posted by steve on 9th of Jun 2023 at 08:16 am

Good levels overnight - also be mindful of equity futures rollover.  On Monday will start posting September contract 

ES now testing next level

Posted by steve on 8th of Jun 2023 at 11:09 am

ES now testing next level after clearing 4280.  

ES 4280 has been resistance

Posted by steve on 8th of Jun 2023 at 10:09 am

ES 4280 has been resistance thus far 

4304 rejected (great level) with

Posted by steve on 7th of Jun 2023 at 10:44 am

4304 rejected (great level) with today's high 4304.75 

Bull trap for late chasers - now let's see how things unfold

ES moved down to initial

Posted by steve on 7th of Jun 2023 at 10:27 am

ES moved down to initial support - great levels 

ES tagged first level 4304

Posted by steve on 7th of Jun 2023 at 09:42 am

ES tagged first level 4304 - watch for reaction 

ES once again back at

Posted by steve on 6th of Jun 2023 at 03:12 pm

ES once again back at 4288

ES back up to initial

Posted by steve on 6th of Jun 2023 at 10:34 am

ES back up to initial resistance 

ES bounced at 4268 support 

Posted by steve on 6th of Jun 2023 at 10:14 am

ES bounced at 4268 support 

ES 4275 some resistance then

Posted by steve on 2nd of Jun 2023 at 09:45 am

ES 4275 some resistance then 4280-85with support now 4240

ES has a falling wedge

Posted by steve on 31st of May 2023 at 09:19 am

ES has a falling wedge on 30 minute to monitor

can you post your image?

Posted by matt on 31st of May 2023 at 09:40 am

can you post your image? I sort of drew one in here on the 1hr ES. 

anyway some nice short setups for quick trade this morning on the MACD KISS/Stoch setup that played out

https://www.tradingview.com/chart/5U8uDGBj/ 

ES support 4221 and 4205

Posted by steve on 29th of May 2023 at 09:38 pm

ES support 4221 and 4205 (tagged 4243 target during short session) 

Updated ES From Yesterday Comments

Posted by steve on 30th of May 2023 at 08:42 am

ES held support overnight - consolidates in the recent range 4220-4244 with 4255-60 and 4275 overhead.  For dip, support at 4220 would need to fail. 

ES upon quick review (more

Posted by steve on 28th of May 2023 at 04:45 pm

ES upon quick review (more later) key topside levels 4230-4250 with 4150 (if lost) 4090-4100 below (Weekly Levels).  

ES 40 point fade from

Posted by steve on 30th of May 2023 at 01:39 pm

ES 40 point fade from zone posted on Sunday

ES popped right into the

Posted by steve on 28th of May 2023 at 10:18 pm

ES popped right into the zone posted - and then faded some. 

Thanks Steve. Any possibility of

Posted by mundy on 28th of May 2023 at 05:46 pm

Thanks Steve. Any possibility of NQ levels too, especially during week-end review?

ES Testing May highs and

Posted by steve on 26th of May 2023 at 03:13 pm

ES Testing May highs and pausing 

ES 4190+ target achieved from

Posted by steve on 26th of May 2023 at 10:03 am

ES 4190+ target achieved from last night

After  the data, ES came

Posted by steve on 26th of May 2023 at 08:47 am

After  the data, ES came down to 4155 and bouncing 

ES nearly 40 points directly

Posted by steve on 26th of May 2023 at 10:17 am

ES nearly 40 points directly off support 

ES Resistance 4150-60 with 4135

Posted by steve on 25th of May 2023 at 08:37 am

ES Resistance 4150-60 with 4135 now support 

Above 4166 4175 

ES 4175 tagged 

Posted by steve on 25th of May 2023 at 02:04 pm

ES 4175 tagged 

ES 4166 tagged 

Posted by steve on 25th of May 2023 at 08:45 am

ES 4166 tagged 

Nice fade on ES off

Posted by steve on 25th of May 2023 at 09:33 am

Nice fade on ES off resistance - wild day 

yep expect some wild action

Posted by matt on 25th of May 2023 at 09:35 am

yep expect some wild action

ES Support now 4142-45 

Posted by steve on 10th of May 2023 at 03:30 pm

ES Support now 4142-45 

ES Support now 4148

Posted by steve on 10th of May 2023 at 09:09 am

ES Support now 4148

ES 4134 was squeeze trigger

Posted by steve on 10th of May 2023 at 08:47 am

ES 4134 was squeeze trigger (reclaim support) 

Target to run those equal highs around 4160s

Squeeze big time - think

Posted by te22 on 10th of May 2023 at 09:15 am

Squeeze big time - think of all those massive short positions waiting for the economy to soften harder and EPS estimates to ratchet down faster. They may prove right, but they are too early.

I'm doing just fine with

Posted by DigiNomad on 10th of May 2023 at 09:55 am

I'm doing just fine with shorts (90% of my account). You don't have to short at the money to make money. Also, the twitterati celebrating a 5.0% core CPI (Kobessi Letter, etc) and saying the Feds plan is working need to step away from the bong and think for a second. After today's flat core print (e.g. the one that shows no improvement and is still 150% above 2% target), the Fed is stuck between two choices - another raise or a pause. They might get pressured into a pause, but they probably need a raise (or 4).   Consider this: how bad is 5% core? Well, prices will double every 14.4 years with that rate of inflation (great for some businesses, but probably not great for you). On the other hand, at 2%, prices double every 36 years.  Not so great for the a lot of businesses trying to show growth at all costs (even if growth is simply a function of passing on inflated prices to consumer, as it has been recently), but much better for the common people. 

te22 - the market gods

Posted by matt on 10th of May 2023 at 09:54 am

te22 - the market gods saw your comments below and decided to smack the market gap LOL

I caught the pullback, too

Posted by te22 on 10th of May 2023 at 10:12 am

I caught the pullback, too +$8k on long QQQ trade :) 

wow I managed to buy

Posted by matt on 10th of May 2023 at 10:04 am

wow I managed to buy that bottom when SPX testes the 50 SMA on the 5 min - I got into MES via the 2 min Heiken Ashi chart - I'm really liking those Heiken Ashi bars lately for trading MES on - triggered off the small doji

anyway lucky buy - now we'll see what happens the rest of the day. 

on the gap up I was wondering if it would turn into a trend day but you don't get pullbacks like that on a trend day, and now price has retraced more than 1/2 of that decline, so we'll see what transpires 

another nice trigger off the

Posted by matt on 10th of May 2023 at 11:34 am

another nice trigger off the lows off that heiken ashi bar

ES 4129-33 was the initial

Posted by steve on 9th of May 2023 at 12:12 pm

ES 4129-33 was the initial support zone with the low 4131 thus far - basing here all morning.  Other levels above in sticky post. 

ES bounce stalled with first

Posted by steve on 9th of May 2023 at 10:08 am

ES bounce stalled with first resistance zone thus far 

ES came down into support

Posted by steve on 28th of Apr 2023 at 01:40 pm

ES came down into support zone around 4130 which held and worked higher 

ES some resistance around 4110

Posted by steve on 26th of Apr 2023 at 12:11 pm

ES some resistance around 4110 then 4120ish

Darn nice reaction from that

Posted by steve on 26th of Apr 2023 at 01:51 pm

Darn nice reaction from that resistance especially with demand much lower 

ES 4160 A ROCK -

Posted by steve on 21st of Apr 2023 at 10:45 am

ES 4160 A ROCK - beauty fade again 

yep! that was a gift,

Posted by matt on 21st of Apr 2023 at 10:46 am

yep! that was a gift, initially sold down to a support, then rallied back to that resistance for a nice short again

4160 ES stalled 

Posted by steve on 21st of Apr 2023 at 09:51 am

4160 ES stalled 

ES bounced near pivot/demand zone

Posted by steve on 21st of Apr 2023 at 09:25 am

ES bounced near pivot/demand zone 4138 

SPX Support 4120-25 (attempting to

Posted by steve on 20th of Apr 2023 at 08:29 am

SPX Support 4120-25 (attempting to bounce) and then 4110

Support from earlier on SPX

Posted by steve on 20th of Apr 2023 at 03:12 pm

Support from earlier on SPX being tested once again - weakening 

ES bouncing some from 4146 

Posted by steve on 20th of Apr 2023 at 07:16 am

ES bouncing some from 4146 

On ES Weekly level of

Posted by steve on 16th of Apr 2023 at 02:01 pm

On ES Weekly level of interest 4160 which holding above would initially target prior highs at 4208.  Below 4160 would first target 4130.  Weekly extremes 4060-4265

These are simply some Weekly levels - will fill in with daily levels in the table above later. 

ES bottomed with that negative

Posted by steve on 12th of Apr 2023 at 12:02 pm

ES bottomed with that negative 1000+ tick earlier 

also an objective long entry

Posted by matt on 12th of Apr 2023 at 12:06 pm

also an objective long entry about an hr ago when the VIX closed back inside its upper Bollinger Bands - nice trade on UPRO there, again you have the tradingview chart to monitor

https://www.tradingview.com/chart/xLXU7jiz/ 

updated view of the 5

Posted by matt on 12th of Apr 2023 at 02:42 pm

updated view of the 5 min VIX with UPRO - been giving amazing intra day signals long and short-  nice buy signal this morning and nice short signals here earlier

ES Daily Supply Zone 4177.75-4220.50

Posted by steve on 12th of Apr 2023 at 09:01 am

ES Daily Supply Zone 4177.75-4220.50

ES 4170-80 Range Resistance of

Posted by steve on 12th of Apr 2023 at 08:40 am

ES 4170-80 Range Resistance of Note

ES Supply

Posted by steve on 12th of Apr 2023 at 11:46 am

Nearly 60 points off that zone 

largest intra day bounce on

Posted by matt on 12th of Apr 2023 at 11:53 am

largest intra day bounce on SPX cash, intra day sym break

Decent fade for a trade

Posted by steve on 12th of Apr 2023 at 08:47 am

Decent fade for a trade off that zone 

So /ES is putting its

Posted by junkie on 12th of Apr 2023 at 08:52 am

So /ES is putting its 5th wave and a divergent high now, exceeding its prior week's high of 4171.

ES/SPX  bounce stalled near 50%

Posted by steve on 10th of Apr 2023 at 12:04 pm

ES/SPX  bounce stalled near 50% retrace and 4118 pivot 

Stall is a nice way

Posted by DigiNomad on 10th of Apr 2023 at 12:06 pm

Stall is a nice way of putting it. That escalated quickly! 

The bounce stalled and took

Posted by steve on 10th of Apr 2023 at 12:08 pm

The bounce stalled and took the shoot down - I mentioned a possible wave 4-5 earlier and thus wanted to see the reaction at resistance.  Good levels 

Mr. Market is off its'

Posted by DigiNomad on 10th of Apr 2023 at 12:42 pm

Mr. Market is off its' medication - batshit crazy action. 

Exactly! I want it to

Posted by icecoldjones on 10th of Apr 2023 at 01:00 pm

Exactly! I want it to keep tanking!

ES 4100 area and SPX

Posted by steve on 10th of Apr 2023 at 12:36 pm

ES 4100 area and SPX 4075 remain supported 

ES Supply Zone 4169.75-4181.50

Posted by steve on 4th of Apr 2023 at 08:45 am

ES Supply Zone 4169.75-4181.50

I gotta start waking up

Posted by donkeyface on 4th of Apr 2023 at 09:03 am

I gotta start waking up earlier than 5am

ES  Initial Support 4120-26 

Posted by steve on 3rd of Apr 2023 at 08:50 am

ES  Initial Support 4120-26 

ES Support 4060 (prior high

Posted by steve on 30th of Mar 2023 at 01:53 pm

ES Support 4060 (prior high and 30 minute trend support) 

Nearly 20 ES points off

Posted by steve on 30th of Mar 2023 at 03:41 pm

Nearly 20 ES points off support 

Nice bounce off support 

Posted by steve on 30th of Mar 2023 at 02:34 pm

Nice bounce off support 

yep that was also a

Posted by matt on 30th of Mar 2023 at 03:53 pm

yep that was also a big support area from those past TICK spikes

4080 is likely a target

Posted by junkie on 30th of Mar 2023 at 02:58 pm

4080 is likely a target for the close today.

Posted that earlier...that would be

Posted by fredsaid on 30th of Mar 2023 at 03:03 pm

Posted that earlier...that would be a beauty eh.

ES 4038-48 range watching 

Posted by steve on 27th of Mar 2023 at 09:52 am

ES 4038-48 range watching 

With the action overnight ES

Posted by steve on 27th of Mar 2023 at 08:45 am

With the action overnight ES Support now 4020 and 4000 

ES support 3935 bouncing -

Posted by steve on 24th of Mar 2023 at 08:57 am

ES support 3935 bouncing - reclaim 3950 is first level then 3965 then 3980

Accomplished 

Posted by steve on 24th of Mar 2023 at 12:56 pm

Accomplished 

ES 4038-50 next zone already

Posted by steve on 23rd of Mar 2023 at 10:53 am

ES 4038-50 next zone already tagged 2 targets so protect gains 

ES Fresh Supply Above 4078-4120

Posted by steve on 22nd of Mar 2023 at 09:04 am

ES Fresh Supply Above 4078-4120

4040 pivot hit with support

Posted by steve on 21st of Mar 2023 at 03:53 pm

4040 pivot hit with support now at 4022 on ES 

ES Daily failed at declining

Posted by steve on 15th of Mar 2023 at 09:03 am

ES Daily failed at declining 9 day EMA overnight and reversed hard after Europe session.

ES has some positive divergence on small time frames - NQ still showing relative strength  still well above 3/12 low. 

ES coming into next target

Posted by steve on 14th of Mar 2023 at 11:19 am

ES coming into next target range 3970-80

ES 3950 then 3970-80 overhead

Posted by steve on 14th of Mar 2023 at 09:48 am

ES 3950 then 3970-80 overhead - nice bounce

ES

Posted by steve on 14th of Mar 2023 at 01:11 pm

+30 from Supply Zone 

FYI I updated that Tradingview

Posted by matt on 12th of Mar 2023 at 06:50 pm

FYI I updated that Tradingview chart from the Sticky ES levels to the June contract. I've added the ES levels to the left chart, I still have to add the TICK NYSE spike levels to the right chart

June Contract is approximately 35

Posted by steve on 12th of Mar 2023 at 06:07 pm

June Contract is approximately 35 points higher than March

yeah that's crazy, I saw

Posted by matt on 12th of Mar 2023 at 06:21 pm

yeah that's crazy, I saw the same thing

MES Mar 3912
MES June 3945

Any idea why the discrepancy

Posted by focus175 on 13th of Mar 2023 at 09:18 am

Any idea why the discrepancy still in the Mar and June contracts not tracking each other?  Still seeing a .10% difference.

Currently an up opening projected

Posted by steve on 12th of Mar 2023 at 05:59 pm

Currently an up opening projected

man I got lucky, I

Posted by matt on 12th of Mar 2023 at 06:20 pm

man I got lucky, I did small size with MES contacts but ES was pretty flat on open, took a shot long on a few contracts then BOOM

ES 3847 bounce 

Posted by steve on 10th of Mar 2023 at 02:06 pm

ES 3847 bounce 

had a perfect Demark 9

Posted by matt on 10th of Mar 2023 at 02:11 pm

had a perfect Demark 9 as well on the ES levels chart at that doji 

again you guys have access to that chart from Tradingview from the Sticky

ES found resistance near the

Posted by steve on 10th of Mar 2023 at 11:46 am

ES found resistance near the 3935 pivot and reversed 

ES/SPX were in demand zones

Posted by steve on 10th of Mar 2023 at 08:36 am

ES/SPX were in demand zones and bounced near highlighted support last night 

ES failed to reclaim 4000

Posted by steve on 8th of Mar 2023 at 10:02 am

ES failed to reclaim 4000 level and faded 

Some positive divergence after recent

Posted by steve on 8th of Mar 2023 at 10:05 am

Some positive divergence after recent low 

Watching ES 4065 as initial

Posted by steve on 7th of Mar 2023 at 05:47 am

Watching ES 4065 as initial level on bounce attempt

ES

Posted by steve on 7th of Mar 2023 at 09:10 am

Overnight high 4064.50

ES the previous level (prior

Posted by steve on 5th of Mar 2023 at 12:50 pm

ES the previous level (prior three week balance low)  of 4020/30 remains an important orderflow level - thus that will be a good WEEKLY pivot to monitor with bulls in control above.  

ES reached the next zone

Posted by steve on 3rd of Mar 2023 at 11:42 am

ES reached the next zone 4020-25 

You looking at some 0DTE

Posted by mugsy on 3rd of Mar 2023 at 11:46 am

You looking at some 0DTE puts in this zone?

Mugsy - I'm waiting for

Posted by DigiNomad on 3rd of Mar 2023 at 11:52 am

Mugsy - I'm waiting for a trigger to  scalp some premium selling ODTE calls.  Higher probability trade. 

I prefer to do it

Posted by mugsy on 3rd of Mar 2023 at 11:54 am

I prefer to do it your way as well.  Steve seems to buy 0DTE

You definitely get more pop

Posted by DigiNomad on 3rd of Mar 2023 at 11:56 am

You definitely get more pop with long premium trades (buying puts or calls) but I'm not smart enough to get both the direction and timing right on a regular basis. I like that I can be wrong on both direction and timing and still win with short premium trades (that's why they are MUCH higher probability trades).

Agreed.  That\s why I was

Posted by mugsy on 3rd of Mar 2023 at 12:02 pm

Agreed.  That\s why I was hoping for some input from the master

SPX bear call spread -

Posted by DigiNomad on 3rd of Mar 2023 at 12:10 pm

SPX bear call spread - I just pulled the trigger and sold a handful of 4045 / 4060 0DTE calls.

Posting my trade - so now I'll probably get challenged....which is fine. I'm in small with room to defend (roll). 

SPX bear call spread -   I almost

Posted by DigiNomad on 3rd of Mar 2023 at 01:54 pm

SPX bear call spread -   I almost rolled this near the HOD, but didn't get touched (yet). I have the roll teed up (Monday expiry, 4075/4100). I widened out the spread a bit to achieve a credit on the roll at the level I felt comfortable selling.   

SPX poked right through the 38.2 fib (4031) and now it seems to be supporting. Tempting to go out to Tuesday expiry and sell the 4100 strike for $500 (61.8 fib is 4093). 


SPX Bear Call Spread -

Posted by DigiNomad on 3rd of Mar 2023 at 03:16 pm

SPX Bear Call Spread - 4045 got touched so I rolled to next Tuesday expiry, 4110 short strike (~16 delta when I rolled). 

ES bounced near initial support

Posted by steve on 3rd of Mar 2023 at 07:56 am

ES bounced near initial support and moved up near first resistance overnight 

Today was a look below

Posted by steve on 2nd of Mar 2023 at 04:06 pm

Today was a look below 3950 and then remount after getting back above - pivot power 

ES 3995 achieved 

Posted by steve on 2nd of Mar 2023 at 03:50 pm

ES 3995 achieved 

Yeah came close to that

Posted by buddha on 2nd of Mar 2023 at 03:54 pm

Yeah came close to that 60 min downtrendline. Took some there.

ES 3975 achieved 

Posted by steve on 2nd of Mar 2023 at 02:09 pm

ES 3975 achieved 

Matt/Steve, any way you can

Posted by icecoldjones on 2nd of Mar 2023 at 02:11 pm

Matt/Steve, any way you can implement a like button on posts? There is a lot of good posts and I just want to give a thumbs-up sometimes but no need to reply to them all. Just a thought, no rush at all!

BPT_Facebook , seriously! No vote

Posted by mmellow on 2nd of Mar 2023 at 02:20 pm

BPT_Facebook , seriously! No vote here.

Posted by simple_million on 2nd of Mar 2023 at 02:16 pm

ES moved up towards 3950/55 

Posted by steve on 2nd of Mar 2023 at 10:09 am

ES moved up towards 3950/55  pivot - needs to reclaim to squeeze higher 

ES Pivot 3975  was tested

Posted by steve on 2nd of Mar 2023 at 08:55 am

ES Pivot 3975  was tested after hours and failed - down 40+ points since 

ES 3950 Overnight Support Turned

Posted by steve on 2nd of Mar 2023 at 08:31 am

ES 3950 Overnight Support Turned Resistance 

remember you can  watch the

Posted by matt on 1st of Mar 2023 at 10:19 am

remember you can  watch the ES levels from the Trading View chart

https://www.tradingview.com/chart/XhdK9UKW/ 

Matt - Regarding the TradingView

Posted by Ray on 1st of Mar 2023 at 10:27 am

Matt - Regarding the TradingView Chart, is the left side the supply/demand levels, and the right side tick levels?  Is this chart updated daily; or, do we take the new supply/demand levels and correct?

Overnight, ES bounced from the

Posted by steve on 1st of Mar 2023 at 07:31 am

Overnight, ES bounced from the initial support posted and moved up to the first resistance level as US Dollar moved lower.

ES retraced 50% overnight of

Posted by steve on 1st of Mar 2023 at 08:49 am

ES retraced 50% overnight of yesterday's high into first resistance area where sellers appeared

ES 3990/95 now intraday resistance

Posted by steve on 24th of Feb 2023 at 09:07 am

ES 3990/95 now intraday resistance prior to that 3970/75 some resistance 

In the Globex Session Overnight

Posted by steve on 22nd of Feb 2023 at 08:39 am

In the Globex Session Overnight ES held below 4015 and moved down to the initial target at 3995 from where it has bounced (SPX/ES demand zone)

ES Supply zone 4047-4065

ES bounced up to first

Posted by steve on 17th of Feb 2023 at 10:40 am

ES bounced up to first resistance levels and stalled thus far 

ES bounced off initial support

Posted by steve on 17th of Feb 2023 at 10:15 am

ES bounced off initial support zone 4055/60

IWM and Dow are already

Posted by lamb on 17th of Feb 2023 at 10:34 am

IWM and Dow are already green

Overnight low 4063 ES needs to

Posted by steve on 17th of Feb 2023 at 09:00 am

Overnight low 4063

ES needs to reclaim 4080 for starter's to get a relief bounce with 4090 4105 above.   Overnight low fails then 4047 4030

TY

Posted by fredsaid on 17th of Feb 2023 at 09:00 am

TY

ES support 4144  4130 

Posted by steve on 16th of Feb 2023 at 08:27 am

ES support 4144  4130 

Quick flush once support lost

Posted by steve on 16th of Feb 2023 at 08:51 am

Quick flush once support lost - very hot PPI 

we had an air pocket

Posted by matt on 16th of Feb 2023 at 09:35 am

we had an air pocket on the TICK levels, fell right through that to a cluster of them from Decembertick

maybe that DVDS short, that

Posted by matt on 16th of Feb 2023 at 09:37 am

maybe that DVDS short, that never closed is still fighting to get out okay LOL

ES range bound action thus

Posted by steve on 15th of Feb 2023 at 03:03 pm

ES range bound action thus far today 4115-4160 zone to monitor - bulls want to remain above today's low 

ES Supply Zone 4085-4100

Posted by steve on 10th of Feb 2023 at 10:02 am

ES Supply Zone 4085-4100

Okay - nice move down

Posted by steve on 10th of Feb 2023 at 10:56 am

Okay - nice move down off Supply but for more downside bears need to break 4070 so lower stops if trading short 

ES initial support now 4153

Posted by steve on 9th of Feb 2023 at 08:27 am

ES initial support now 4153 and 4144-40

ES resistance around 4170

Posted by steve on 7th of Feb 2023 at 12:55 pm

ES resistance around 4170

ES reaction off resistance as

Posted by steve on 7th of Feb 2023 at 01:15 pm

ES reaction off resistance as expected - wait all day and then nice 2-way trade

BOOM - nice moves 

Posted by steve on 7th of Feb 2023 at 01:16 pm

BOOM - nice moves 

yep nice pullback off that

Posted by matt on 7th of Feb 2023 at 01:16 pm

yep nice pullback off that resistance you posted

Bravo 

Posted by watcdy on 7th of Feb 2023 at 01:17 pm

Bravo 

ES just reached 4209 -

Posted by steve on 2nd of Feb 2023 at 02:04 pm

ES just reached 4209 - not much to do except trail stops on swings and take selective profits in accordance with your plan 

Youser bought more puts up

Posted by retirefire on 2nd of Feb 2023 at 02:17 pm

Youser bought more puts up there.

ES 4195 is a pretty

Posted by steve on 2nd of Feb 2023 at 11:16 am

ES 4195 is a pretty solid level fwiw (likely to chop around for awhile in this area) 

ES 4195 achieved - again

Posted by steve on 2nd of Feb 2023 at 10:55 am

ES 4195 achieved - again PROTECT gains. Bulls remain in control short term support 4160 

ES has held support and

Posted by steve on 2nd of Feb 2023 at 01:59 pm

ES has held support and moved higher after consolidating around 4195 zone for a few hours 

Respect the trend - the reaction post Fed set the tone (ripping out of that triangle).   

Thanks for calling that out

Posted by srusso1 on 2nd of Feb 2023 at 10:59 am

Thanks for calling that out and hope Matt gets well soon   

ES approaching 4075 

Posted by steve on 31st of Jan 2023 at 03:07 pm

ES approaching 4075 

Nice reaction for a trade 

Posted by steve on 31st of Jan 2023 at 03:12 pm

Nice reaction for a trade 

ES 4032 achieved 

Posted by steve on 30th of Jan 2023 at 03:31 pm

ES 4032 achieved 

As posted yesterday will be

Posted by steve on 29th of Jan 2023 at 01:35 pm

As posted yesterday will be watching ES 4070 as Weekly Pivot 

ES 4084 then 4105 above

Posted by steve on 27th of Jan 2023 at 09:50 am

ES 4084 then 4105 above Support 4055-60

ES approaching next target posted

Posted by steve on 27th of Jan 2023 at 02:49 pm

ES approaching next target posted 4105 

ES bounced near posted support 

Posted by steve on 27th of Jan 2023 at 11:51 am

ES bounced near posted support 

Nice smash down to the

Posted by steve on 26th of Jan 2023 at 11:02 am

Nice smash down to the ES pivot - hope I stopped you from chasing early today and locked down some profits 

yes, captain! This market seems

Posted by junkie on 26th of Jan 2023 at 11:06 am

yes, captain! This market seems to be successfully navigated to fading openings into the close or into noon.

Yes thank you

Posted by srusso1 on 26th of Jan 2023 at 11:06 am

Yes thank you

ES 240 Supply  4070-4091 (4

Posted by steve on 26th of Jan 2023 at 08:47 am

ES 240 Supply  4070-4091 (4 hour chart) This is fresh supply updated 

Demand 3946-3920 (if pullback unfolds) 

ES Supply Zone (4 Hour)

Posted by steve on 26th of Jan 2023 at 02:08 pm

ES Supply Zone (4 Hour) still remains above at 4070-91 as a target zone 

Yes - nice move up

Posted by steve on 26th of Jan 2023 at 03:28 pm

Yes - nice move up towards supply zone 

ES 240 seeing a potential

Posted by steve on 26th of Jan 2023 at 09:20 am

ES 240 seeing a potential diagonal pattern 4035 3902 4056 3960 then xxx (supply is 4070-91) 

Thanks Steve, held and added

Posted by retirefire on 26th of Jan 2023 at 09:50 am

Thanks Steve, held and added short up there 4065

ES 3995/4000 Key Support 

Posted by steve on 24th of Jan 2023 at 10:11 am

ES 3995/4000 Key Support 

ES next resistance 3960-75 zone 

Posted by steve on 20th of Jan 2023 at 01:03 pm

ES next resistance 3960-75 zone 

Posted by steve on 6th of Jan 2023 at 10:12 am

Looking at your mapping from

Posted by bpozdoll1717 on 6th of Jan 2023 at 10:39 am

Looking at your mapping from the newsletter projecting the market up first, then pullback to 3810, and then another rally.  Boom!  Nicely done.  

Thanks but certainly not easy

Posted by steve on 6th of Jan 2023 at 10:41 am

Thanks but certainly not easy - market is so thin 

3880 once again has provided

Posted by steve on 6th of Jan 2023 at 09:13 am

3880 once again has provided some resistance on ES 

Regarding the SPX = a 1:1 relationship for symmetry would be 3903 based upon overnight or slightly higher on cash regular session  around 50% Fib 

Nice fade off that resistance

Posted by steve on 6th of Jan 2023 at 09:45 am

Nice fade off that resistance 3880

Big overnight swings - with

Posted by steve on 3rd of Jan 2023 at 08:18 am

Big overnight swings - with ES testing several resistance zones overnight. 

Support now 3874 3853-58

Overnite was crazy, that would

Posted by racerick on 3rd of Jan 2023 at 08:32 am

Overnite was crazy, that would have been a year's move 20 years ago

$VIX looks to open +7%

Posted by kevindeng0727 on 3rd of Jan 2023 at 08:22 am

$VIX looks to open +7% - not sure if I am seeing the correct number

VIX up 6.51% in TOS

Posted by EdZ on 3rd of Jan 2023 at 08:49 am

VIX up 6.51% in TOS

ES Support 3845-50 bulls need

Posted by steve on 30th of Dec 2022 at 09:18 am

ES Support 3845-50 bulls need to hold and get back above 3855 to target 3870-75 3895.  Fails support then 3820 next support 

The levels posted on ES

Posted by steve on 12th of Dec 2022 at 09:39 am

The levels posted on ES represent the March contract 

thanks Steve, my apologies, thought

Posted by matt on 12th of Dec 2022 at 09:45 am

thanks Steve, my apologies, thought you had a typo. I got about an hr sleep so brain a bit slow

No problem - just wanted

Posted by steve on 12th of Dec 2022 at 09:45 am

No problem - just wanted to clarify for everyone  

ES bounced off initial support

Posted by steve on 22nd of Nov 2022 at 08:47 am

ES bounced off initial support overnight at 3945

ES 3915 magnet 

Posted by steve on 17th of Nov 2022 at 08:10 am

ES 3915 magnet 

ES 3915 achieved - check

Posted by steve on 17th of Nov 2022 at 09:02 am

ES 3915 achieved - check that box (beauty) 

Nice call Steve, I'm perking

Posted by fundamentalvalues on 17th of Nov 2022 at 09:03 am

Nice call Steve, I'm perking up now for a long trade, looking for entry in pieces. I usually don't get all my pieces, though that is a good thing. Lets see.

ES Resistance 4016-20 (next level

Posted by steve on 13th of Nov 2022 at 02:03 pm

ES Resistance 4016-20 (next level above Friday's highs) 

ES Resistance 4016-20 (next level

Posted by steve on 14th of Nov 2022 at 03:16 pm

ES Resistance 4016-20 (next level above Friday's highs)  - this was posted pre-market 

Not bad IF anyone took ES from supply zone posted earlier today - BINGO 

Tremendous fade out of that

Posted by steve on 14th of Nov 2022 at 03:34 pm

Tremendous fade out of that supply zone on ES 

ES Supply Zone 3833-45 (rejected)

Posted by steve on 9th of Nov 2022 at 08:27 am

ES Supply Zone 3833-45 (rejected)

Reminder CPI tomorrow 

Posted by steve on 9th of Nov 2022 at 08:45 am

Reminder CPI tomorrow 

ES has formed higher highs

Posted by steve on 2nd of Nov 2022 at 08:59 am

ES has formed higher highs and higher lows so as stated uptrend remains intact until that changes.  Prior low on ES was 3757 so if broken then you have confirmation of a trend change.   Demand zone for ES 3813-3777 with Supply zone 3898-3928

FROM DEMAND TO SUPPLY -

Posted by steve on 2nd of Nov 2022 at 02:53 pm

FROM DEMAND TO SUPPLY - ALL POSTED IN ADVANCE 

NOW Back to Lower Demand Zone 

Great letter and work here,

Posted by fundamentalvalues on 2nd of Nov 2022 at 09:07 am

Great letter and work here, I appreciate you Steve. If it isn't too much trouble, would you mind adding the demand zone and supply zone to the ES Levels daily sticky post? This information really helps me with considering where I will trade.

Levels were updated previously  (3940

Posted by steve on 1st of Nov 2022 at 08:35 am

Levels were updated previously  (3940 starts next supply zone) 

ES broke down from 3820

Posted by steve on 28th of Oct 2022 at 08:48 am

ES broke down from 3820 and that remains key resistance 

Some Squeeze above 3820 

Posted by steve on 28th of Oct 2022 at 09:32 am

Some Squeeze above 3820 

Nearly 30 points from squeeze

Posted by steve on 28th of Oct 2022 at 09:43 am

Nearly 30 points from squeeze level - time for breakfast 

3,797 fills a gap, only

Posted by fundamentalvalues on 28th of Oct 2022 at 08:51 am

3,797 fills a gap, only one after that is 3,583, the main one that concerns me if Oz let it drop at some point. No idea on timing, I think pressure to the upside is more likely in a range for a bit as you pointed out in the newsletter. 

ES 3820 support tested twice

Posted by steve on 27th of Oct 2022 at 02:27 pm

ES 3820 support tested twice now 

Defended, so far.

Posted by frtaylor on 27th of Oct 2022 at 03:02 pm

Defended, so far.

yep right on that area Trading

Posted by matt on 27th of Oct 2022 at 03:04 pm

yep right on that area

Trading View Chart

Hope it's thin ice

Posted by retirefire on 27th of Oct 2022 at 02:32 pm

Hope it's thin ice

ES 3866 resistance 

Posted by steve on 27th of Oct 2022 at 09:41 am

ES 3866 resistance 

Amazingly accurate on this morning

Posted by watcdy on 27th of Oct 2022 at 09:44 am

Amazingly accurate on this morning range so far — bravo 3868 on mes  high 

ES 3730 next level above 

Posted by steve on 21st of Oct 2022 at 10:07 am

ES 3730 next level above 

3730 achieved 

Posted by steve on 21st of Oct 2022 at 12:08 pm

3730 achieved 

I think stop loss orders

Posted by arun on 21st of Oct 2022 at 12:36 pm

I think stop loss orders will be at 3760 if u want liquidity today on Friday.

- Twitter post

here's the levels on ES

Posted by matt on 20th of Oct 2022 at 09:38 am

here's the levels on ES that we report daily on a chart of ES from Trading View

https://www.tradingview.com/chart/XhdK9UKW/ 

I can't believe it took

Posted by donkeyface on 21st of Oct 2022 at 08:46 am

I can't believe it took me this long to find this

... but now I got it.   Man tradingView just looks better than everything else. 

Thanks for this... assuming this is updated almost everyday?

on that Trading View Chart

Posted by matt on 20th of Oct 2022 at 09:46 am

on that Trading View Chart - you guys can link to your broker like Interactive Brokers, and place trades directly on the chart - have limit and stop orders in place waiting at important levels, you can easily drag those orders up and down on the chart. If you use Interactive Brokers like I do, their Excel-like interface sucks for placing trades especially on futures - I always link my IB directly to my Trading view. 

also if you have a Tradestation account, you can link your TS account to Trading view as well and execute your trades through Trading View instead of through the TS software - the trades are executed in your TS account. Why would you want to do this? I find that Tradestation gets laggy and prone to freezing on fast days and this can screw with your trading in fast environments - this doesn't happen on Trading View

Matt, I do not get

Posted by mundy on 20th of Oct 2022 at 02:54 pm

Matt, I do not get any levels when opening TradingView. I take it you have to subscribe to Tradingview?

Showing up very nicely now

Posted by mundy on 20th of Oct 2022 at 03:59 pm

Showing up very nicely now thanks Matt.

I'm sure you do 

Posted by matt on 20th of Oct 2022 at 03:03 pm

I'm sure you do 

WOW Thanks so much.. have

Posted by arun on 20th of Oct 2022 at 09:45 am

WOW Thanks so much.. have been waiting for this

no problem - I can

Posted by matt on 20th of Oct 2022 at 09:47 am

no problem - I can easily update that once a day, most of those levels don't change much

I took a small short

Posted by steve on 20th of Oct 2022 at 09:06 am

I took a small short near 3730 level and that was welcome news...what a mess 

yeh I bought SPXS if

Posted by srusso1 on 20th of Oct 2022 at 09:41 am

yeh I bought SPXS if I'm wrong I can sit on it

ES now watching ES 3735

Posted by steve on 19th of Oct 2022 at 07:56 am

ES now watching ES 3735 topside

Great fade overnight posted a few hours ago from 3775 pivot shown in sticky post above which accelerated down after losing 3760

Quick 30 point fade from

Posted by steve on 19th of Oct 2022 at 09:50 am

Quick 30 point fade from ES 3735 level posted 

so sell 3735 and buy

Posted by private on 19th of Oct 2022 at 08:39 am

so sell 3735 and buy 3660 to cover on ES?

Roy - I will list

Posted by steve on 19th of Oct 2022 at 08:42 am

Roy - I will list the key pivot levels.  You can choose to implement into your futures trading or not.  Focus on YOUR PLAN 

The wedge posted in chart

Posted by private on 19th of Oct 2022 at 08:58 am

The wedge posted in chart 14 last night is close to breaking. It had only 3 touches and not 5, so it should not. If it does break, my target is near 3660. If it does not, I will do nothing and wait for it to break. That is my plan. Feedback is welcome!

ES 3775 reached 

Posted by steve on 18th of Oct 2022 at 08:47 am

ES 3775 reached 

ES Support 3660  Resistance 3710-14 

Posted by steve on 13th of Oct 2022 at 07:59 pm

ES Support 3660  Resistance 3710-14 

Nice trading on those pivots

Posted by steve on 14th of Oct 2022 at 08:17 am

Nice trading on those pivots overnight - johnny and Kobie should have cleaned up 

Thanks Steve. Hope you killed

Posted by johnny2012 on 14th of Oct 2022 at 08:26 am

Thanks Steve. Hope you killed it as well!

Steve $$$

Posted by kobie on 14th of Oct 2022 at 08:19 am

Steve $$$

Beautiful 30+ point fade on

Posted by steve on 14th of Oct 2022 at 04:32 am

Beautiful 30+ point fade on ES off pivot Resistance zone posted

I mean you waited till

Posted by donkeyface on 14th of Oct 2022 at 08:53 am

I mean you waited till 4:32am to tell us this... LOL                 

I would love to get

Posted by donkeyface on 14th of Oct 2022 at 08:54 am

I would love to get every new post (not necessarily replies) on my texts.    But that's asking a lot.  lol

Make that 50+ right into

Posted by steve on 14th of Oct 2022 at 07:54 am

Make that 50+ right into 3660 support 

Repelled again near 3630 pivot

Posted by steve on 12th of Oct 2022 at 08:39 am

Repelled again near 3630 pivot for a trade pre-market on the news 

ES 3580 bounce - 3630

Posted by steve on 11th of Oct 2022 at 10:41 am

ES 3580 bounce - 3630 is the key pivot above 

ES rallied up towards initial

Posted by steve on 11th of Oct 2022 at 08:57 am

ES rallied up towards initial resistance area 

Updated ES levels yesterday so

Posted by steve on 10th of Oct 2022 at 08:17 am

Updated ES levels yesterday so please refresh...3628-35 support zone (holding for now and bears will need to breach for immediate downside) 

There is a zone here

Posted by steve on 7th of Oct 2022 at 03:37 pm

There is a zone here on ES so let's see if we can get a bounce - I'm sure many are not giddy on a Friday 

as Steve said there was

Posted by matt on 7th of Oct 2022 at 03:45 pm

as Steve said there was a little support zone there so we got a bounce, see ES chart

also here's the 5 min cash

We are going to need

Posted by fundamentalvalues on 7th of Oct 2022 at 12:51 pm

We are going to need a refill on downside levels soon bartender   

ES Support 3760 - if

Posted by steve on 6th of Oct 2022 at 10:34 am

ES Support 3760 - if lost test of yesterday lows 

ES Levels above with downside

Posted by steve on 5th of Oct 2022 at 10:34 am

ES Levels above with downside magnet - if wave B that area or 3687-3663  (SPX)  and if wave 4 in place then NEW LOWS (bounces will form lower highs) 

ES Levels updated 

Posted by steve on 5th of Oct 2022 at 07:16 am

ES Levels updated 

ES Supply Zone 3790-3822

Posted by steve on 4th of Oct 2022 at 10:52 am

ES Supply Zone 3790-3822

ES Levels is Downside 2493

Posted by srusso1 on 3rd of Oct 2022 at 08:17 am

ES Levels is Downside 2493 number a typo ?

Yes thanks for pointing out

Posted by steve on 3rd of Oct 2022 at 08:21 am

Yes thanks for pointing out - corrected 

Posted by law6 on 3rd of Oct 2022 at 08:22 am

Thanks for the P&F chart

Posted by steve on 3rd of Oct 2022 at 08:24 am

Thanks for the P&F chart

ES 3755 strong pivot pulling

Posted by steve on 28th of Sep 2022 at 03:59 pm

ES 3755 strong pivot pulling back 

It looks like to me

Posted by pintopower on 28th of Sep 2022 at 04:06 pm

It looks like to me on the hourly chart from the beginning of September  that the SPY is doing an ending diagonal down.  If my math is correct, it has four touches so far which would indicate that perhaps one more low to about 356 or so.   If it does that then target on a breakout of the ending diagonal would be approximately 381 ish.

pintopower - the QQQs could

Posted by steve on 28th of Sep 2022 at 04:15 pm

pintopower - the QQQs could have completed wave C today of an expanded flat for Wave 4  - same with SPX - the next PULLBACK will tell the tale 

Just testing how to post

Posted by pintopower on 28th of Sep 2022 at 04:52 pm

Just testing how to post a chart from Thinkorswim.  Pink lines are ending diagonal; yellow oval would be hypothetical 5th touch and light blue lines would be the Target.  Let's see if this test works?!

This move down was not

Posted by mirhamedali on 29th of Sep 2022 at 11:15 am

This move down was not an ending diagonal. Doesn't meet the technical definition.

You passed with flying colors

Posted by steve on 28th of Sep 2022 at 05:00 pm

You passed with flying colors but not an ED - I will post my views 

3684 pivot achieved - main

Posted by steve on 28th of Sep 2022 at 10:04 am

3684 pivot achieved - main target from the pivot support 

Hi, Steve! I took SSO

Posted by makarolya on 27th of Sep 2022 at 01:09 pm

Hi, Steve! I took SSO for long trade per system signal yesterday and day before, and now wondering - is there a stop loss you recommend? Do you announce stop loss when trades goes in the red? I am still new to trading systems and trying to learn the underwater currents. Thanks

makarolya -this is covered in

Posted by matt on 27th of Sep 2022 at 01:55 pm

makarolya -this is covered in the FAQ etc, however check your email, I sent you a detailed email that should help you.

I would post my answer here but intra day we like to stay market focused - I can also post here later after the market, however check your email

They don’t do stop losses.

Posted by mdgfain on 27th of Sep 2022 at 01:22 pm

They don’t do stop losses. They have first, second, and third entires ( occasionally) and they buy twice as much at second entry, 3x on third entry. Their system is very effective if you take all of the trades, not so much if you just take the ones you want. Hope that helps. 

Go to the systems tab

Posted by steve on 27th of Sep 2022 at 01:16 pm

Go to the systems tab above and read all such information.  These are reversion to mean systems so make sure you understand completely

ES 3639 achieved 

Posted by steve on 27th of Sep 2022 at 12:29 pm

ES 3639 achieved 

ES levels updated yesterday 

Posted by steve on 26th of Sep 2022 at 08:47 am

ES levels updated yesterday 

ES nice bounce of the

Posted by steve on 23rd of Sep 2022 at 01:05 pm

ES nice bounce of the listed 3675 level 

Support levels on ES around

Posted by steve on 22nd of Sep 2022 at 11:28 am

Support levels on ES around this area and just below.    

ES Levels updated and comments

Posted by steve on 22nd of Sep 2022 at 09:18 am

ES Levels updated and comments from overnight below 

looks like ES 3923 capped

Posted by retirefire on 21st of Sep 2022 at 03:11 pm

looks like ES 3923 capped it

ES attempting to bounce out

Posted by steve on 20th of Sep 2022 at 10:47 am

ES attempting to bounce out of the support zone  3864-3855 - if able to gain some traction then 3885 first level above 

Taking some gains and trailing

Posted by steve on 20th of Sep 2022 at 11:07 am

Taking some gains and trailing stops on that bounce 

Yes trail up stops further

Posted by steve on 20th of Sep 2022 at 11:55 am

Yes trail up stops further - this has some legs 

thanks almost got stopped out

Posted by retirefire on 20th of Sep 2022 at 11:59 am

thanks almost got stopped out late to party.

ES stalled near first target

Posted by steve on 20th of Sep 2022 at 11:17 am

ES stalled near first target level posted 3885

ES first test of resistance

Posted by steve on 16th of Sep 2022 at 10:48 am

ES first test of resistance 3895 led to rejection 

Updated levels above - the

Posted by steve on 16th of Sep 2022 at 09:00 am

Updated levels above - the June-July trendline was lost late yesterday after numerous tests and this has given way to additional selling as one would expect.  

Support zone 3853-63 (watching for a reaction here) then 3842 

Getting a reaction a posted

Posted by steve on 16th of Sep 2022 at 09:20 am

Getting a reaction a posted below 3863 for a bounce - all within downtrend until a previous level is reclaimed.   As I said a few days, ago Buckle Up 

ES Pivot around 3960 -

Posted by steve on 14th of Sep 2022 at 08:51 am

ES Pivot around 3960 - very loose and thin market so take heed in position sizing (down) 

Hi Steve, the support numbers

Posted by imelhoe on 13th of Sep 2022 at 11:00 pm

Hi Steve, the support numbers don't look quite right. 

Wish trading View had the

Posted by donkeyface on 12th of Sep 2022 at 10:22 pm

Wish trading View had the red/green s&r horizontals like StockCharts

Assuming these levels are updated for the new dec22 contracts?   so much easier to just keep up with SPX cash levels.

SPX has another zone just

Posted by steve on 7th of Sep 2022 at 11:53 am

SPX has another zone just above at 3956-64 IF today's highs are reclaimed 

Bulls in control above 3920-30 

Achieved that target 

Posted by steve on 7th of Sep 2022 at 01:06 pm

Achieved that target 

Selling one SPY 11/18 386

Posted by srusso1 on 7th of Sep 2022 at 01:07 pm

Selling one SPY 11/18 386 call here

Likewise selling a 388 and

Posted by retirefire on 7th of Sep 2022 at 01:15 pm

Likewise selling a 388 and still holding some 380's 11/18 exp.

yes still holding some calls

Posted by srusso1 on 7th of Sep 2022 at 01:18 pm

yes still holding some calls see how this week ends ?

Nice bounce off support 3930

Posted by steve on 7th of Sep 2022 at 01:03 pm

Nice bounce off support 3930 on that pullback

Yes it is  

Posted by srusso1 on 7th of Sep 2022 at 01:06 pm

Yes it is  

The Bulls are the Captain

Posted by steverobin on 7th of Sep 2022 at 12:46 pm

The Bulls are the Captain now. 

Bounced off the 3896-83 zone

Posted by steve on 6th of Sep 2022 at 10:41 am