
Daily key trade levels to watch, multiple time frame analysis on the S&P 500 movement, daily directional bias along with trade setup & execution examples.
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From this morning’s daily trade plan:
"Bullish hanging hammer candle forming on the week. The question today is do we go outside week? Currently at the time of this writing 22 points away from pWH smack in the middle of the tight overnig...
S&P Insights
Bullish reversal at weekly lows on Wednesday, Bullish continuation yesterday. Price took out pWL’s and surged through yesterday towards pWH’s. Do we close today going outside week?
From this morning’s Daily Plan:
“Bullish reversal yesterday flipped the bearish order flow pushing prices back up to the key structure level 7694/7700. Short term bullish flow dominant heading into the open with overnight pricing sideways...
S&P Insights
Bullish reversal yesterday as price failed to breakdown any further. Thus far a quick dip below prior week low and recovery. Does that continue today? Price is now on the underside of a key structure level 7694/7700.
Bullish reversal on the day with 7621.50 being that line in the sand. At 6:30-ish this morning CST when I published the daily plan, bears were in full control and shorts were the only thing on the table without a narrative shift.
Narrativ...
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The writers behind this newsletter.
10 yr futures trader, specializing in day to day value shifts in the S&P 500.
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