Thursday, June 4, 2015

Tuesday, June 2, 2015

Tuesday June 2nd Trade Plan and Levels




Today we will be using 2109 - 2111 as our bull bear zone.

Above here we have resistance at 2121.50 - 2123.50 and 2126.50 - 2128.50. Below the bull bear we have support at 2093 - 2095 where i would expect buying on first test.

Es looks set to open within yesterdays value area giving us a neutral bias on the open.

Happy Trading.

Monday, June 1, 2015

Monday June 1st Trade Plan and Levels

Morning,


Today we will use 04-06 to determine our short term bias. If ES can stay above here we can try to fill the gap up to 21.50-23.50 where we could see selling on first test, above here we have 26.50-28.50 which is a good place to sell in a balanced market.

Below 04 Es can test 93-95 and then 83.50-81.50,

On the open if ES opens below 03 then we can easily test 83.50 so caution would be needed on the long side.

An open above 11.50 would be very bullish and we would need to be aggressive at support.

Happy trading.

Friday, May 29, 2015

Friday 29th May levels and Trade Plan

Morning,


Little change from yesterdays plan, however today we will use 18.25-20.25 to determine our short term bias. Above here we have 25.50-27.50 resistance and then ATH resistance of 30.75-32.75. Both of which can hold ES down today if we open below 20.50.

Below 18.25 we have support at 04.75-06.75 where id expect to see buyers step in.

If ES opens below 13.50 then we could easily test 95-93.

Happy Trading.

Thursday, May 28, 2015

Thursday 28th May Trade Plan and Levels




Today we will be using 2119.50 - 2121.50 to determine our intraday bias. Above here we have resistance at 2125.20 - 2127.50 and 2130.75 - 2132.75. If ES moves up to these levels i would prefer to see an intraday setup before shorting as we are back around the highs.

Below 19.50 we have support at 2104.75 - 2106.75 where i would expect buyers on first test.

ES looks set to open in yesterdays value area so we could see rotations in both directions however we are around all time highs so we must be cautious in case of a strong upside move to new highs.

Happy Trading.


Wednesday, May 27, 2015

Wednesday 27th May Trade Plan and Levels

Morning,


Today we will use the 04-02 zone to determine our intraday bias. Above here ES can go back to test the 19-21 resistance and the 23.5-25.50 zone where we are likely to see selling on first test.

Below 02 ES can continue to run down into 93-95 where we can see buying on first test and below here 81.50-83.50 where buyers should step in.

On the open if we open above 06.50 then we must be aggressive on the long side looking for a return to the 19-21 area. If we open below 97 ES can easily hit lower targets.

Happy Trading.

Tuesday, May 26, 2015

Tuesday May 26th Levels and Trade Plan

Morning,


ES is still within this balance area and so we are still due a very big directional move soon. Today we will use 25-27 as our bull bear zone, Above here we are most likely to break to new highs given the bullish context and likelihood of a directional move. 30.75-32.75 is the balance high and as soon as this goes we have no hard resistance.

Below 25 ES can test 19-21 and 14-16. The 14-16 zone can act as support in a failed breakout of the balance, so with a perfect setup could lead to good risk to reward on the long side. However on weak internals and the liklihood of the directional move ES could easily test 04.5-06.50.

If ES opens below 22.75 then we must be aggressive at resistance and look for a downside breakout. An open above 25 can see us go to new highs.

Happy Trading.

Friday, May 22, 2015

Friday 22nd May Trade Plan and levels

Morning,


ES has been in this balance now for 3 days. So today we will use 28.5-30.50 as our bull bear zone. Above here ES can break out to new highs. Given the context this breakout could be very strong so fading with no hard resistance is not really an option for me. Use resistance as a target.


Below 28.50 we have 19-21 which is now the balance lows. Given the 3 day balance and that we are looking likely that we will soon have a directional move this zone should only be longed in perfect setup circumstance given its multiple tests. 14-16 support can be longed on a good setup as this has the potential to be where we turn if we have a failed breakout. However on negative internals and expectation of a directional move the 06.50-04.50 support would be a good target if ES breaks out.

Happy Trading.

Tuesday, May 19, 2015

Tuesday 19th May Levels and Trade Plan

Morning,


Today we will be using 25-27 as our bull bear area, if ES can hold above here then this a hugely bullish and can go on to test 35.5-37.5 targets. There is no hard resistance above ATH.

Below 25 ES can test 19-21 which should really be treated as the last spot that buyers need to defend to hold control on the day time frame, so we will need a good intraday setup to be long here. Below here we have 14-16 where we can see buying on first test.  If ES can liquidate below here we could get to 06.50-04.50.

On the open look for ES to open below 19 or above 28.50. An open above 28.50 could mean we can easily get to 35.50. An open below 19 would be a huge bear sign and signal in a shift of value.

Happy Trading.

Monday, May 18, 2015

Monday May 18th Levels and Trade Plan

Morning guys,


Today we will be using 14-16 as the bull bear zone. If buyers can hold ES above here we are likely to see a breakout above 19.25-21.25 to new highs. 28-30 being a final target and not a great place to sell as there is no hard resistance at ATH's

Below 14 ES can go to 04.50-06.50 where we could see buying on first test. Below here we have 93-95 which could cap the downside today if we break lower.

On the open, if we open below 14 id expect to see us try to fill the gap to 94.75 so only take perfect intraday setups at support. An open above 18.50 would see us aggressive at support looking for the 28-30 final target.

Happy Trading.

Friday, May 15, 2015

Friday 15th May Trade Levels and Plan

Morning,

Well ES went to new all time highs in globex.

On that we have todays bull bear at 15-17, If ES holds above here then there is no question that bulls are in control and we can go up to new rth highs and reach potentially 28-30 which would be a good place to scale if long. There is no hard resistance up here so shorts arent advised unless we see a perfect intraday setup.

If ES fails to hold 15 then e can easily re test 04.50-06.50 where we could see buyers step in on first test. Below here we have 95-93 where id also expect buyers on first test f we get here today. Note if short 2100.50-99.50 could be a good place to scale as we could pause here although it is not a strong enough level for me to execute a long.

On the open look for 18, if ES opens above here then we can easily get to 28-30. If ES opens below 18 then we are more likely to see a more range bound type of day.

Happy Trading.

Thursday, May 14, 2015

Thursday 14th May Trade Plan and Levels

Morning,


The last too days have really been balancing with the bigger picture. So today we will gaugue a short term bias from the 93.75-95.75 zone.

Below here ES can test 81.5-83.50 where we would need a good intraday setup to go long. Longs here are advised only in balance day context. If we look very weak off the open then we may be bette to wait for 69-67 support.

Above the 95.75 we can test 09.25-11.25 where id expect sellers to step in on first test. Above here we have new highs as a target.

Happy Trading.

Tuesday, May 12, 2015

Tuesday May 12th 2015 Levels and Trade Plan

Morning,



Today ES broke out overnight, Meaning that we we are likely to head into the RTH session with gap down. Any open below 04 is bearish and we can easily close the gap down to 83.5-81.5.

With that being said, today we have out bull bear zone at 92.75-94.75. Below here ES can go on to test 81.50-83.50 where we would need a good intraday setup given the bearish context. Below here we have 67-69 and 61-63.

If ES can get above 94.75 we can run up to 09.25-11.25 where id expect to see selling on the day time frame. NOTE ES can quite easily fill the gap down from today and head on back down so be cautious long into the gap fill from today. This may be a very aggressive place to get short also depending on market conditions at the time.

On the open as stated any open below 04 we must be aggressive on shorts and cautious on long setups.

Happy Trading.

Monday, May 11, 2015

Monday May 11th Trade Plan and Levels

Morning,


Today we will be using 09.50-11.50 as our bull bear zone. If ES can hold below here then we can go on to test 00.25-98.25 and 94.25-92.75 both of which could attract buyers with a good intraday setup. If ES gets to 83-81 on the day time frame id expect active buyers on first test.

Above 11.50 ES can easily continue its upwards momentum into new highs with no real hard resistance above the ATH. 19-21 can be used as upside targets but we would need an extreme exhaustion up here to short.

On the open if ES can open below 07.25 then we must be cautious on the long side as we could well close the gap from NFP. On the upside if we open above 12 then we can be aggressive at support with higher upside targets.

Happy Trading.

Friday, May 8, 2015

May 8th Levels and Trade Plan

Morning from a conservative led United Kingdom,

Today we will be using 81.50-83.50 as our bull bear zone, above here ES can go up to 94-96 where we could see selling on first test. Above here we have 99.75-01.75 again where sellers can step in on the day time frame.

If Bears can push us below 81.50 we have 67-69 and 61-63 both of which can attract buyers. Overall id expect today to be a stay within these levels and see reactions off of them on good intraday setups.

If ES can open above 87.50 we should be cautious shorting without a solid setup and be aggressive at support. If we open below 74 then bears could run these to lower levels and so we should be cautious getting long in this scenario.

Today is of course NFP so we really could open anywhere.

Happy Trading.


EDIT/



NFP has just ripped the ES and therefore there is a slight change to the levels. Posted earlier.

BB is now 92.75-94.75 with support at 81.5-83.50

As we are looking like we have a big gap up scenario id be cautious on the short side at resistance until we get a good intraday setup and aggressive at support zones.

Thanks. This just shows how we have to adapt all the time to the changing market conditions i guess.

Happy Trading

Wednesday, May 6, 2015

May 6th Levels and Trade Plan

Morning,

Yesterday we saw ES trend down after holding below yesterdays bull bear zone.
Today we will look for ES to provide us with a rotational type day if we can open above 81.

We have todays bull bear zone at 82.5-84.50. If we can hold above here then ES can go on to test 99.75-01.75 where id expect to see some sellers on first test. Above here we have 10.25-12.25 where id also expect to see sellers come in.

However if buyers fail to hold 82.50 then we can see ES continue its downside and test 65.25-67.25 and 61.5-63.5. Both at which id expect to see some buying.

Overall if ES can open above 81 id expect to see a two sided day with buyers at support and sellers at resistance. An open below 81 is a huge bearish sign and longs should be cautious.

Happy Trading.

Tuesday, May 5, 2015

May 5th Trade Plan and Levels

Morning




Today we will be using 10.50-12.50 as our bull bear zone. If ES can stay below here we can fill the gap back to 00.50-02.50 where we could see buyers on first test. Below here we have 94-95 and 90-92 where id expect to see buyers being aggressive.

Above 12.50 Buyers are in full control and can take ES up to 19.25-21.25 where we would need to see a good intraday setup to short otherwise its new highs again.

On the open if ES can open below 08 then we can see some conviction in the downside to fill the gap.

Happy Trading.

Friday, May 1, 2015

Friday May 1st Levels and Trade Plan

Morning,

Yesterday ES broke down out of the balance we mentioned and we had the directional day we expected. Therefore today we will be using 87-89 as our bull bear, Bulls will need to hold above here to get ES to the 00.50-02.50 resistance zone where id expect to see sellers step in. Above here we have 11-13 where id also expect sellers to be active.

On the downside we have 81-82 which could provide some support if bulls are prepared to take this back up and we will need a good intraday setup here. Below here Bears are still firmly in control and can take us to 65-67 where id expect buyers to be active, below here we also have 48-50.

Happy Trading.

Thursday, April 30, 2015

Trade Plan and Levels April 30th

Morning guys, 



Yesterday ES continued to consolidate within a balance area. The key numbers today are 00.5-02.50, and the battle that is won here may determine which way we eventually breakout. Holding above 02.50 would suggest that we can once again test up at 11-13 and if we were to short here we would need a good intraday setup. Above here ES can go on to test the ATH and then 25-27 both of which i would be cautious shorting unless we see some nice exhaustion on the day time frame. 

If ES can hold below 00.50 then we can test 88-90. With a directional move expected soon i would not be aggressive long at this zone. but i would be looking for several other confluences if i were to take a long position. This is a potentially good place to scale some shorts, holding some for a potential break out down to the 80.25-82.25 area where we could see buyers step in. Below here we have 73-75 which can also attract buyers on the day time frame. 

Remember a directional move out of this balance is a real possibility today or tomorrow so be cautious at zones around balance and potentially i will be looking to hold a portion of some trades for a bigger move. 

Happy Trading. 

Wednesday, April 29, 2015

Wednesday April 29th Levels and Trade Plan

Morning Guys,



Today we will be using 06-08 as out bull bear zone, this zone is key to todays trading as it really is the accepted value for the previous two days. If bulls can hold above here then we really can see new highs into FOMC and shorting above is really a viable option. 

However if Bears can take this below we have 92.75-64.75 support where we would need to see some intraday disconnect between price and internals to execute a long. Below here we have 80.25-82.25 where id expect to see buyers on first test in most scenarios. 

On the open if ES opens above 10 then we can see some strong buying most of the day. Below 10 we may chop into FOMC. 

Thanks. 

Tuesday, April 28, 2015

Trade Plan and Levels Tuesday 28th April 2015






Today we will be using 2106 - 2108 as our bull bear zone. Below here we have support at 2095-2093 and then 2082.25 - 2080.25. Es is likely to open within yesterdays RTH value area so i would expect buyers on first tests of both supports - note it is always the safer option to wait for a good intraday setup. If ES can break above the bull bear we have the ath at 2119.75. 2125-2127 is not a hard resistance and should opnly be used for a target if in a long position.

Happy Trading

Monday, April 27, 2015

Monday April 27th Trade Plan and Levels.

Morning,


As we know ES is most likely going to trade into ATH this week. So today we will be using the 10.50-12.50 area as our bull bear zone. If ES can stay above here then we will most likely head to above 17.75 ATH on the continuous contract and into 25-27 which is to be used more as a target then hard resistance.

If ES can break below 10.50 id expect a test of 03.25-05.25 where id expect to see buyers and if we get lower than this then expect 93-95 to see some buying on first test.

On the open if we open above 13 then we have to be even more cautious on the short side and look for aggressive longs at support.

Happy Trading

Friday, April 24, 2015

Friday April 24th Levels and Trade Plan

Morning,


Yesterday we saw ES break out of the 3 day balance. SO today we will be using the 03.25-05.25 area as out bull bear zone. If ES can stay above here then we can continue back into the 11-13 zone where we would need a perfect intraday setup to fade here given the bullish context above 05.25. Above 13 ES has no real hard resistance. The 17.75 number is the ATH on the continuous contract and then we have projected targets of 25-27.

If however ES fails to stay above 03.25 then we can go back and test 93-95 where id expect to see some buying on first test and also at 80.25-82.25 but i find this zone unlikely to be tested today.

Off the open if ES can open above 14 id be very cautious with any shorts, but in most other opening scenarios id expect some form of rotation from zones today.

Happy Trading.

Thursday, April 23, 2015

Thursday 23rd April Levels and Trade Plan

Morning,


Yesterday ES continued its 3 day balance area and stopped on the highs from tuesday.
Today we will be using 92.75-94.75 as out bull bear area. Above here ES can continue upwards and test 01-03 where we would need to see a good intraday setup to short here. I break above here could signal a breakout for ES and we can head up to 09-11 where we could see some selling on first test. If ES gets above 11 then there is no real hard resistance to play off.

If Es can trade below 92.75 then we could see a test of 80.25-82.25 where id expect to see some buyers on first test, below here we could test 73-75 also where id expect buyers to be active.

Off the open if ES opens and trades above 03 we should be cautious on the short side until we see good exhaustion. Otherwise we can look for setups at zones throughout the day.

Happy Trading.

Wednesday, April 22, 2015

Levels and Trade Plan Wednesday 22 April 2015





Today we will be using 90-92 as our bull bear zone. If ES can hold above this area we may see a continuation to the upside. Note the rapid sell off and retracement during globex - this may be percieved as a flushing of stops before a move higher. With this in mind selling resistance at 2100-2102 and 2103.75 - 2105.75 will require a perfect intraday setup. Below the bull bear we have support at 2082.50-2080.50 and 2075.25-2073.25.

It looks like ES will open within yesterdays value area giving a neutral context however we must be cautios after the sudden move down and up in globex.

Happy Trading

Tuesday, April 21, 2015

Tuesday April 21st Levels and Trade Plan

Good morning,


Overnight inventory is Bullish overall with a likely Gap up into RTH. Today we will be using 98-00 resistance to gauge a bias. If Es can open below here and test into 98-00 we will need to see a good intraday setup to go short. If ES can trade below here then we have 93.75-91.75 support where we could see buyers, then the gap at 91. Below here ES can liquidate down to 82.25-80.25.

Above we have 03.75-05.75 and 09-11 resistance where we will need to see a good intraday setup due to the bullish nature of ES if it reaches here.

On the open if ES opens above 96.50 then we should be cautious on the short side until we see a perfect short setup, and aggressive on long setups at support.

Happy Trading.

Monday, April 20, 2015

Monday 20th April Trade Plan and Levels

Mornings guys,


Today we will be using 73.75-75.75 as our bull bear zone, If ES can stay above here then we can test 81.75-83.75 where with a good intraday setup we may see shorts. If ES can Trade Above here in RTH we can see a total V reversal from fridays low and test 94.25-96.25 and 98-00, where id expect to see sellers.

If ES can trade below 73.75 in rth then id expect us to test 64-66 where we would need a good intraday setup to get long. Below here we could see ES Liquidate to 48-50 where id expect to see buyers.

Note, IF ES opens above 79.50 and trades higher ES can trend higher so caution at the 81.75-83.75 resistance. IF ES opens above 83.75 then we can lean on 83.75-81.75 as support with a good intraday setup.

Happy Trading.

Wednesday, April 15, 2015

Wednesday 15th April trade plan and levels

Trade Plan and Levels Wednesday 15th April 2015


Today we will open the RTH session above yesterdays value area setting a bullish context. There is quite a large number of support resistance zones today so it will be important to wait for a good intraday setup before taking a position.

We will be using 93.50-91.50 as the bull bear above here buyers should be firmly in control especially with an open above value. We have resistance at 00.25 - 98.25 and 05.25 - 03.25. We would definitely want to see a solid intraday setup to short these levels given the bullish open. If we can break below the bull bear we have support at 89-87 and 82.50-80.50. If ES can break below these supports we may see a liquidation move back into the previous balance area with the next significant support at 66.50-64.50.

In summary watch today's open and if we open above 91.50 and trade higher we may see an upward move so caution fading resistance.

Happy trading

Tuesday, April 14, 2015

Tuesday 14th April Levels and Trade Plan

Morning all,


Today we will be using 93.25-95.25 as our bull bear zone. If ES can stay below here then we can test lower levels into the day session today. First up we have 82.75-80.75 where we would need a perfect intraday setup to execute a long here. Caution - If ES can open below 89.50 and trade lower then we could be in for a continuation of yesterdays down move and we could easily head to 77.25-75.25 where we would need a good intraday setup and then 65-67 which could bring some buyers into the market.

If ES can open above 89.50 and trade higher we could see ES rotate around the b/b area for the morning and above 95.25 we can reach 98.50-00.50 where id expect to see sellers and then 03.25-05.25 where again sellers can step in.

In summary watch todays open and if we can open below 89.50 and trade lower then we could be in for some continued down momentum.

Happy Trading.

Monday, April 13, 2015

Monday April 13th Levels and Trade Plan

Morning all,


ES broke out Friday and we finally saw the upwards move we had been looking for. However it failed to break above the first resistance we had from friday's plan. Therfore today the levels are much the same as fridays. We will use 80.75-82.75 as the main bull bear zone. Above here ES is still in bullish breakout mode and can continue to head higher up to 30.25-05.25 and 09-11 targets where we could see sellers on a good intraday setup. We do have resistance at 94-96 also at the weak high from friday which if sellers are going to push this back from the off, this is the place they may do it from, however we would need a perfect setup to short this.

As we stated ES must stay above 80.75-82.75 to remain bullish on a bigger scale so this can act as support on the day time frame. If we get below this then id expect us to see buyers at both 75.25-77.25 and 65-67.

Happy Trading.

Friday, April 10, 2015

Friday 10th April Trade Plan and Levels

Morning,


Yesterday ES finally managed to break out and close above the balance we had been in.  So today we will be using the 80.75-82.75 area as our bull bear zone, ES must try and hold above here to go on and potential trend up to higher targets of 95-97, 03.25-05.25 and 09-11. Shorts at these levels must be a perfect intraday setup as ES is break out and could be directional on the day time frame.

If ES breaks below 80.75 then we can see buyers at all support levels below, 77.25-75.25 and 66-64. Each could provide could risk to reward on the long side.

To summarise it is very bullish if ES can hold above 80.75-82.75 and for bears to take back some control we really need to get below 75.25.

Happy Trading.

Wednesday, April 8, 2015

Thursday 09th April Levels and Trade Plan

Hi all,

I am going to post tomorrows levels on the blog now. as ES is ready for a directional move which may or may not come in tonight globex session. Just thought id get them out early for you guys.


So as mentioned above ES is poised for a directional move out of this 3 day balance area and we are trading at the top of a bigger 10 day balance starting from 25/03. Therefore to give us a short term bias we will be using 73.50-75.50. If ES can stay above here and trade back into 81.50-83.50 then we may see a breakout above this area into the higher targets of 95-97 and 03.25-05.25. I would be cautious shorting these levels if we did break out of this on strong momentum and id look for other confirmations if i was to enter short.

If ES can break below 73.50 i would expect us to test 64-66 which can still attract buyers but again as ES is poised for a directional move we would need a perfect setup here to buy as ES can easily break down below here to the 48.25-50.25 and 35.25-37.25 areas.

Happy Trading.

Wednesday April 8th Trade Plan and Levels

Morning and happy FOMC Minutes day once again,


Yesterdays action went according to the plan with rotation from the 81.5-83.50 level and failed to break the 68 we mentioned. Therefore today going into FOMC we are really unchanged from yesterday.

Today ES may chop around into FOMC again as long as we don't see weakness under the 68 area.
We are using 72-74 as todays bull bear zone and above here ES can go on to test 79-81 where we could see sellers step in on a good intraday setup. If ES can get above here then the next hard resistance is at 95-97 which we could test on a bullish breakout from FOMC, we then have 03.25-05.25 which could easily be reached during FOMC.

Below 72-74 ES can go down to test 48.25-50.25 where we could see buyers step in on first test Pre FOMC. If ES opens below 74 and trades lower then we could reach 50.25 early on in the trading day. I wouldnt expect us to test 35.25-37.25 until FOMC numbers.

In Summary buyers must take ES back above 74 for them to avoid going lower into 68 and then finally into 50.25-48.25. Zones further than these can easily be reached during FOMC.

Trade Cautiously.

Tuesday, April 7, 2015

April 7th Trade Plan and Levels

Morning,


Today we will be using 71.50-73.50 as out bull bear zone, Above here ES can test 81.5-83.50 resistance where we could see selling on first test. If ES breaks above here we could see 95-97 which is an automatic sell in most scenarios.

If ES gets below 71.50 then the next hard support is not really until 48.25-50.25 where id expect buyers on first test.

Today ES could just trade within and around yesterdays Value Area given the directional move from yesterday so id expect some rotational type movement during the day, If ES can break below and trade through 68 then we could see the lower support.


Happy Trading.

Thursday, April 2, 2015

Thursday April 2nd Levels and Plan

Morning,

Today we will be using 47-49 as our bull bear zone. If ES can break above this then we may see a test of the 63-65 zone. Where id expect sellers on first test unless ES can open above 54s and drive higher where id be cautious.

Above here we have 70-72 where id expect sellers to step in on first test and this could cap any upside moves.

Below 47-49 ES can test 35.25-37.25 and head back to value in a balance day type scenario. We would need a good intraday setup here. A break below here would suggest a potential liquidation type move to 21-19, this must be on weak internals or ES could perform a failed breakout and head back to 47-49.

Overall today we must judge if ES is going to try to stay within and extend yesterdays balance, or if it is going to reject it completely and head to some of the higher/lower more extreme trend day targets.

Happy Trading.

Wednesday, April 1, 2015

Wednesday 01 April 2015 Levels and Trade Plan





Today we will be using 2066.25 as our Bull Bear line in the sand. Below here we have support at 2051.50 - 2049.50 and we would require an intraday setup to buy this area. If we break lower i would expect buyers on first test of the next support zone at 2036.50 - 2034.50 however i would still want to see an intraday setup as this area was tested on 26/03/2015

If we open and break higher we have resistance at 2072.25 - 2070.25 then 2080.50 - 2078.50. Both these areas would require an intraday setup to take a short. Failing that we have 2097.25 - 2095.25 where i would expect sellers on first test and cap the upside.

Es looks like it will open today under yesterdays Value Area Low with a small gap to the downside. If this is the case we may see a continuation downwards so caution is definitely required buying early in the session.

Happy Trading


Tuesday, March 31, 2015

Tuesday 31 March Levels and Trade Plan

Morning,

Today will most likely be the last time i offer a free trade plan and levels service. If you wish to keep receiving the trade plan and levels alongside a daily recap including a look at how we can use the market internals including the breadth,  tick, advance decline and the intraday profile each day then the email subscription service will be open to subscribe to later today.

Here is today's plan.


We will be using 81.75-83.75 as our area to determine the likelihood of today's action and to determine some form of bias. If ES can break above here then we can continue yesterdays buying up to 95-97 where sellers can step in on first test. If ES is really strong then we can test here and even above at 03.25-05.25.

If buyers fail to break above here then ES could balance in yesterdays range and retest the 64.75-66.75 area. If ES is weak here internally then we could break below here and out next support would be the 49.25-51.25 level where id expect buyers on first test.

ES looks likely to gap down today and if we open below 73 and test lower then id expect us to go on to test the lower levels, and potentially even the 40.25-41.25 and 35.25-37.25 levels. The key today is to judge early on if ES is going to accept yesterdays range and trade back into it or reject it completely to lower levels. Don't get caught on the wrong side of a potentially strong directional movement.

Happy Trading.

Friday, March 27, 2015

Friday 27th March Levels and Trade Plan

Morning,

We will be using 48-50 as out bull bear zone today. ES balanced yesterday andso could stay within the balance today. Above 50 ES can see 64-66 where id expect to see sellers on first test. If ES can break above here then this is a key sign that bulls are taking back some control and we could see 81.75-83.75 which could cap the upside.

Below 48 ES can test 34.75-36.75 again, however we would need a good long intraday setup on balance day internals to get long here as below 48 Bears are in control in this still bearish overall environment. Below 34.75 ES can test 21.5-19.5 however this must be on weak internals as ES can fail the breakout below and come back into balance.

Happy Trading.

Thursday, March 26, 2015

Thursday 26th March Levels and Trade Plan

Morning,

Today we will be using 51.50 to 53.50 as our Bull Bear zone. ES needs to get above here and into yesterdays range for bulls to get some control back after yesterday and the globex session overnight.  If ES can get above here we can get to 64-66 where we can see sellers on first test. Above here ES can get to 81-83 and could retrace yesterdays move in an extreme scenario.

If ES fails to get above 51.50-53.50 then we can see ES test 41.50-43.50 and 34.25-36.25 which were tested in globex but could see rotation in RTH after the trend day of yesterday. Below here we can test 20.5-22.5.

Overall bears still in control below 51.50, and we could see a rotational type day around these levels with a slight downside edge. Above 53.50 we could see some upward momentum come into play, trading in yesterdays Value.

Happy Trading.


Wednesday, March 25, 2015

Wednesday 25th March Trade Plan and Levels

Morning,


Today we will be using 95-97 as our bull bear zone. If ES can stay below here we can go on to test 80-82 where id expect buyers to be active on first test. Below here we could liquidate to 66.75-64.75 which could cap the downside.

If ES can get above 95-97 then a test of 03.25-05.25 is likely with sellers on the first test of here most likely stepping in. Above here ES can test 09-11 where we would need to see a good intraday setup given the bullish context.

Happy Trading.

Tuesday, March 24, 2015

Tuesday 24th March 2015 Levels and Trade Plan

Tuesday 24th March 2015 Levels and Trade Plan







Today we will be using 2102.75 - 2014.75 as our Bull Bear Zone.

Above the bull bear we have 2109 - 2111 as resistance. Given the obvious bullish context we will need a good intraday setup to short this zone. Above here we have the ATH and above that we have no hard resistance so the 2125 - 2127 area should only be used as a traget if you are in a long position .

Below todays bull bear we have support at 2092.25 - 2094.25. If we reach this area again and see a good intraday setup we could see a further rotation back towards the ATH. Should this area break ES could liquidate to 80-82 and then 2064.75 - 2066.75 which should see buyers on first test.

Happy Trading.

Monday, March 23, 2015

Monday 23rd March Levels and Trade Plan

Morning,


Today we will be using 99.25-01.25 as out Bull Bear zone,

Above this ES can go on to test 09-11 where we would need a good intraday setup to short here give the bullish context, Above 11 ES can go on to test all time highs and above here we have no hard resistance so be cautious shorting above here. Use resistance as targets unless we get really weak internally.

Below 99.25-01.25 we can go on to test 91.75-93.75 where we would need a good intraday setup as ES has already tested this level in Globex. Below here ES can liquidate to 80-82 where id expect buyers on first test.

Happy Trading.

Friday, March 20, 2015

March 20th Trade Plan and Levels

Morning,


Today we will be using 93-95 as our Bull bear zone. Below here ES can go on to retest 80.5-82.50 where id expect buying on first test. If ES gets below here we could see 64.75-66.75 where we could cap selling on the day timeframe.

Above 93-95 ES can go on to test 99.50-01.50 where we would need a good intraday setup. above here we could test 04.25-05.75 where id expect some rotation and then 08.50-10.50 which could cap buying unless we see huge strength internally.

Today is Quad witching so be cautious trading today, price action can sometime be erratic.

Happy Trading.

Thursday, March 19, 2015

Thursday 19th Trade Plan and Levels




Today we will be using 92.75 - 94.75 as our bull bear zone. If ES cannot break avove this area we could see a retracement down to our support zone at 80.50 - 82.50 where i would expect buying on first test. Given the extreme movement generated by yesterdays FOMC we would require a good intraday setup to go long of this zone. If ES breaks down lower to make a deeper retracement of yesterdays rally we have 64.75 - 66.75 then 57.75 - 59.75. Again we would require an intraday setup to buy these zones.

On the upside we have 99.50 - 01.50 which capped yesterdays rally. This area could cap the buying again today but given the bullish context we would need an intraday setup to short this zone. If ES can break higher we have 04.25 - 05.75 and 08 -10 at the extremes.

Happy Trading

Wednesday, March 18, 2015

Wednesday 18th Levels and Trade Plan




Today we will be using 64.75 - 62.75 as our bull bear zone. If ES can hold below here we should see a test of 54.25-56.25. This area may hold price until after the pending FOMC statement but a long here would require a good intraday setup. If we break lower 48.50 - 46.60 would be our next support area where i would expect buying on first test

Above the bull bear we have the open gap at 77.75 when we would expect selling on first test - again given that today is FOMC we would need to see a good intraday setup to short this zone. Above the 77.75 we have resistance at 81.50 - 83.50 and 93.25 - 95.25 at the extremes which could cap the upside.

Happy Trading


Tuesday, March 17, 2015

Tuesday 17th Levels and Trade Plan

Morning,



Today we will use 65-67 as our Bull Bear zone. If ES can hold below here we will look for the ES to go back into 46.50-48.50 where we would need to see a good intraday setup to go long here. We then have 42-43 support where we could see buying on first test and then 35.25-37.25 where id expect to see buying on first test. This could cap the downside.

Above 67 ES can go on to test 77.25-78.25 and then 81.50-83.50 where id expect to see selling on first test. Above 83.50 ES could break out to 93.25-95.25 where id expect to see selling on first test and this could cap the upside breakout.

Happy Trading.

Monday, March 16, 2015

Monday March 16th Trade Plan and Levels

Morning,



Today we have our Bull/ Bear zone at 35.25-37.25. Above here Bulls are in firm control and can take us to test 59-61 where id expect to see selling on first test. Above 61 ES can test the 63.75 OG and then 65.50-67.50 which could cap buying on the day time frame.

Below 35.25 ES can go on to test 21-19 where id expect to see buyers on first test.

The key today is for ES to stay above 35.25-37.25.

ES Looks sets to open well above fridays Value so a test of 48.5-46.50 looks to be the ideal scenario from the open, however we would need the perfect setup to long here and 35.25-37.25 would be the primary downside target if we got bearish early on.

Happy Trading.

Friday, March 13, 2015

13th March Trade Levels and Plan

Hi guys, Today ill be quoting the June Contract.  (picture is a continuous)


We will be using 47.50-45.50 as or bull bear zone today. Above here ES can go and test 59-61 where we could see sellers on first test with a good intraday setup. Above here we have 65-67 where id expect to see sellers on first test also.

If Es can break below 45.50 Es can test 35.75-33.75 where id expect buyers on first test. Below here ES could liquidate to 21.50--19.50 where buyers can be active on first test.

Happy Trading.

Thursday, March 12, 2015

Thursday 12th March Levels and Trade Plan

Morning,


Today we will be using 46-48 as todays B/B zone, Above 48 ES can run to test 65-67 where id expect to see sellers at first test. Above here ES can see 73.25-75.25 and the 77.75 open gap. 

Below 46 ES can test 35.75-33.75 where id expect to see buyers on first test, below here ES can run to 19.5-21.5 where id expect to see buying on first test and this could cap the downside. 

Happy Trading. 

Wednesday, March 11, 2015

Wednesday 11th March Levels and Trade Plan

Morning guys,


Today we will be using 47.50-49.50 as our bull bear zone. Above here ES can go on to retest 65-67 which could see sellers on first test with a good intraday setup. Above here ES can go to 73.25-75.25 where id expect to see selling on first test. We have an open gap at 77.75 which could cap buying on the day.

Below 47.50 ES can retest 40-42, which is the level from yesterday. We could see buying again from here if the intraday setup is perfect. Below here we have 33.75-35.75 where id expect buyers on first test and then below here we have 21.50-19.50.

After two days of significant down moves id expect ES to see a rotational type day with buying at support and selling at resistance. However a break of 33.75 could see further liquidation

Thanks.

Tuesday, March 10, 2015