S&P500 E-mini(ES) Intraday Volume Playbook (1/25-1/26)

83
ES (S&P 500 E-mini Futures) — January 25–26 Overnight & Day Session Outlook

Current Price: ~6,928–6,930

Market context:
Price sold aggressively into the prior session, flushed into lower value, and is now auctioning back into a prior high-volume node around 6,925–6,935. This area is acting as short-term balance, not acceptance yet. Volume profile shows unfinished business above and thin structure below, making this a location-based market rather than trend-based for now.

Key takeaway:
Expect rotation first, then expansion. Direction will be decided by acceptance above or rejection below the current HVN.

Key Levels

Resistance / Upper Acceptance

6,955–6,965 (Prior VAH / Supply)

6,945–6,950 (Intraday balance high)

Current Balance / Decision Zone

6,925–6,935 (High Volume Node / POC area)

Support / Lower Acceptance

6,900–6,905 (Prior reaction & demand)

6,875–6,885 (Single prints / thin volume)

6,850–6,860 (Session extreme support)

Overnight Session Trades
Trade 1 — Now → 12:00 AM (Early Overnight Rotation)

Bias: Mean reversion / rotation
Price is sitting inside HVN — expect chop unless we see acceptance.

Long Scenario

Entry: 6,920–6,925

Target: 6,945

Extended Target: 6,955

Stop Loss: 6,905

Short Scenario

Entry: 6,950–6,955 (rejection)

Target: 6,930

Extended Target: 6,915

Stop Loss: 6,965

Expect slow, overlapping candles — this is not trend time yet.

Trade 2 — 12:00 AM → 9:00 AM (Asia → London → Pre-US)

This is where real structure develops.

Bullish Acceptance Scenario

If price accepts above 6,945 with volume:

Entry: 6,945–6,950 (pullback)

Target: 6,975

Extended Target: 7,000

Stop Loss: 6,930

Bearish Rejection Scenario

If price fails at 6,945–6,955:

Entry: 6,940–6,950 rejection

Target: 6,905

Extended Target: 6,880

Stop Loss: 6,965

Watch for range expansion after London open — that’s the trigger.

Day Session (RTH) — January 26
Primary Expectation

One-timeframe buyers only if price holds above 6,945

Failure there opens a full rotation lower

Day Session Long (Acceptance Play)

Conditions

Acceptance above 6,945

Pullbacks holding above value

Entry: 6,950–6,955

Target 1: 6,980

Target 2: 7,010

Stop Loss: 6,930

This is a trend continuation day if this holds.

Day Session Short (Failed Auction / Rejection)

Conditions

Rejection wicks + lack of volume above 6,950

Return below 6,930

Entry: 6,930–6,935

Target 1: 6,900

Target 2: 6,870

Stop Loss: 6,955

This becomes a range-to-range liquidation move.

Final Read

Above 6,945: Buyers regain control → continuation toward 7,000

Below 6,925: Failed auction → rotation into lower value

Inside 6,925–6,945: Chop & patience required

This is a location-based market, not a chase market. Let price come to your levels.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน