ES @ 7,444: The 8.1/10 Wall at 7,476 vs Very Strong 7,410▪️ ES H2 SNAPSHOT — EXECUTIVE SUMMARY
▪️ the S&P 500 is rotating near 7,444 inside a well-worn range, respected on both sides. Price is fair-valued between supply and demand.
▪️ Primary outlook is neutral — 7,476 is the level to watch; the range holds until it doesn't.
▪️ Key resistance zone: 7,4
Compare with Micro E-mini S&P 500 Index Futures (Sep 2019)
Contract highlights
ES Midday UpdateMFI is almost overbought, gap direction tomorrow will depend entirely on Google and TXN earnings and guidance. PLace your bets, lol.
If the market gaps up tomorrow, it'll probably be a pump and dump. If it gaps down, I think all hell breaks loose, lol. (At least until indicators hit oversold.)
Volume Distribution — What Time Cannot Show YouMost volume analysis stops at "was there a lot of it." That is only half the question — the more useful one is where it happened, not just how much.
Two Ways to Measure Volume
A volume histogram under a price chart measures participation across time: how much traded during this candle, this hour
Range Trading: The Opportunity Most Traders SkipMost traders call a ranging market "choppy" and wait it out for a trend to return. That reaction makes sense — and it's costing them most of their trading time, because markets spend more time ranging than trending.
A range isn't the market doing nothing. It's both sides still interested. Demand sh
ES UpdateES hit oversold, NQ just touched.
I'm not planning on going long today, just not feeling it, lol. I'm not bullish on INTC earnings, and that's the only thing that can cause a rally tonight. I suppose you could go with financials or something that's not tech, and bet on the oversold bounce.
I wou
ES Update AgainRSI is still oversold, it almost looks like they shut the algos off after losing money today. They bought 2 mornings in a row and had to sell for a loss today.
INTC and SAP earnings after close, will impact chip stocks and software. I mentioned earlier this week that I'm bearish on INTC, it's hea
ES (SPX, SPY) Analysis, Key-Zones, Setup for Mon (Jul 20)Bias: The S&P 500 E-mini trades near 7,528 into Monday's open, roughly 30 points above Friday's 7,497.75 settlement, after an overnight session that ran 7,482 to 7,545.25. The lift came on a 7:30 ET headline that mediators proposed a ten-day cessation of strikes to revive Middle East talks, a de-es
See all ideasÂ
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The nearest expiration date for Micro E-mini S&P 500 Index Futures (Sep 2019) is Sep 20, 2019.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Micro E-mini S&P 500 Index Futures (Sep 2019) before Sep 20, 2019.









