S&P 500 E-mini Futures
Aktualisiert

Daily Analysis and Reaction Locations [2026-07-16]

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Previous session violated the internal high — could be an early indication for continuation higher. But given the broader market context, this could also just be a liquidation event. Right now, that leaves an unresolved range without a confirmed direction.

There's a reference below the previous day low I'm watching. As long as that holds, I'm leaning up for the session.

Still two-sided — no confirmed direction yet.

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Trade Idea

Taking the pre-market push higher, targeting the POC — that's anchored to the new internal low, which hasn't confirmed yet either. Once price reaches the POC, I'm watching for confirmation that price wants to turn lower before considering anything on that side.

Shared for educational and analytical purposes only — not financial advice or a trade recommendation. Entries, stops, and targets are shown for study, not signals to copy.
Order storniert
Pre-market pushed deeper than expected and didn't provide confirmation for the long entry — which ended up being the saving line. I'll be back at the charts Monday. The algorithmic reaction zone was reached and did provide a reaction, but the volume profiles still point toward lower prices, and price has good potential to dive deeper into the zone, potentially violating or breaking the internal low.

Trying to catch something instead of waiting for confirmation is the way to damage an account.

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