JP@Camelback Trading

Both ES and NQ have shifted from "Up" to "Balanced" on the Daily. With average volume on the day, the question for May 5th is: follow-through or a balance hold? Full Report & Plan: open.substack.com/pub/jpmarketpr… If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org #nq #es #futures #marketprofile #tradeify #cb2724 🚀 If my work adds value, consider supporting the research: linktr.ee/jpmarketprofile

📉 Midday Market Commentary: ATH Traps and Liquidation Flushes The day started with the same disconnect theme between ES and NQ. Prior to the open, NQ set the tone by making a new All-Time High (ATH) in the Globex session, a critical nuance to track for future sessions. NQ opened inside Value from Friday, while ES opened with a GAP down. NQ had a choppy open as expected by opening inside value and dealing with the 12-wide POC from Friday. In C period, NQ managed to push to a new RTH All-Time High. However, the strength was short-lived. ES tried to get into Friday's Value by closing the GAP and taking the IB High, while NQ also took its IB High in C. By C and D periods, we started to pay attention to the low-volume trading; the lack of liquidity caused sudden spikes and price flushes, which were a telltale of what was about to come. The market decided to liquidate longs, resulting in a flush in D taking the IB Low. By E period, price started to trend down with Single Prints. F continued the aggressive selling. ES dealt with and closed the Single prints left by Thursday’s emotional move to the upside. NQ took Friday’s low. Intraday, things have shifted. In the bigger context, both have placed the daily back to balance. Even though this is a win for the Bears, how Bulls deal with the current balance in the following days will tell us if this balance makes the market stronger. The Bears' next biggest target is last week’s low to put the weekly to balance. Current Scores: NQ: 6-1 BEARS (Unchanged Value but POC lowered) ES: 7-2 BEARS (Overlapping to lower Value) We are going to trade what is in front of us. Until we take today’s MGI back to the bulls, we will look for shorts at the push-ups and look for a potential Rally High. If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org #nq #es #futures #marketprofile #tradeify #cb2724 🚀 If my work adds value, consider supporting the research: linktr.ee/jpmarketprofile

So far, during GLOBEX the disconnect between ES and NQ continues. $NQ is doing new ATHs and producing a 10-wide POC and migrating it up, while $ES is building up a 16-wide POC, signaling rotational behavior. Keep an eye on how Value at RTH gets developed. That is your guide.

As always, great info! I think it would be bad for ES (and NQ) to put the Daily back again to balance, as this could release more of the buying pressure they have built during a strong month. But if bears last week's low (7137 RTH), that will place the Weekly to Balance. Given a chance to the bears to cause more damage. Interesting to see how the disconnect ES and NQ had on Friday is resolved on Monday. Intresting week ahead. Thank you Smash for your insights.

$ES | $SPX Weekly Plan | May 4-8 🟩 Daily: OTFU 🟩 Weekly: OTFU 🟩 Monthly: OTFU The key this week is whether buyers can sustain upside momentum following Thursday’s multi-day balance breakout and Friday’s true gap higher above last month’s range. While the gap remained unfilled (7251), Friday also established an excess high. As excess often marks the end of one auction and the start of another, early focus is on where value develops relative to last month’s high, which should reveal whether the excess carries real significance. A strong response would see value build within Friday’s range while rejecting acceptance back into Thursday’s range. This would set the stage for negating the excess high (7296), implying price has not yet auctioned high enough to attract a meaningful opposing response. Failure to do so, implying acceptance into Thursday’s range and leaving the excess intact, would open the door to filling Thursday’s breakout structure toward the prior multi-day balance (7208), a critical short-term inflection point.

@melobreaks So far, they have proven all the shorts wrong.

@JPMarketMap bulls still charging hard.

📊 MARKET PROFILE WEEKLY REVIEW & RECAP: APRIL 17, 2026 Using our proprietary Camelback TradingView Market Profile, let’s break down today’s aggressive price action, the weekly progress, and the roadmap for next week. 📉 DAILY RECAP: BULLS MAINTAIN THE LEAD The session began with a familiar narrative: Bulls took an immediate 3-0 lead. With overnight inventory net long, a gap up, and Value moving higher, buyers held the cards from the opening bell. 🔸 The Early Drive: Small A-period range with minimal inventory correction. B and C periods quickly extended to new highs, taking out both IB and Overnight highs. 🔸 NQ vs. ES Nuance: While NQ paused its one-time framing in E-period, ES remained relentless, printing a fresh All-Time High (ATH). 🔸 The Midday Score: At the peak, bulls dominated with a perfect 10-0 on ES (holding the Lowest Accepted Price at B’s low) and an 8-0 on NQ. 🔸 Late Liquidation: H-period introduced a deep Afternoon Pullback—likely profit-taking ahead of the weekend. This lowered the POC, leaving NQ 9-wide and ES 8-wide. 🗓️ THE WEEKLY VIEW: A BULLISH SWEEP Monday’s overnight session teased a reversal toward the 4/8 gap, but the RTH session filled it immediately in Period A. From that moment on, every single profile this week was won by the bulls. Weekly MGI Scoreboard (Bulls - Bears): 📅 Mon: ES: 7-0 | NQ: 7-0 📅 Tue: ES: 9-0 | NQ: 9-0 📅 Wed: ES: 7-0 | NQ: 8-0 📅 Thu: ES: 5-1 | NQ: 5-1 📅 Fri: ES: 8-1 | NQ: 6-1 🏆 Weekly Totals: 🔹 ES: 36 - 2 🔹 NQ: 35 - 2 🔸 Key Takeaway: Every Afternoon Pullback this week was met with aggressive buying. This signals a market with strong conviction and higher-time-frame support. 🔮 PREP FOR NEXT WEEK As we look ahead, the technical landscape requires a disciplined eye: 🔹 Incomplete Auction: We still lack "good excess" at these ATHs. This suggests the upside move hasn't found its definitive end point yet. 🔹 Trend Alignment: The Monthly remains in balance, but the Weekly and Daily are firmly UP. 🔹 Key References: Lean on today’s Afternoon Pullback, NQ’s 9-wide POC, and the single prints in ES as your primary floors. 💡 THE CAMELBACK STRATEGY While the market is stretched, we do not trade on "shoulds." Many traders were trapped this week trying to pick a top. The Market Generated Information (MGI) kept us focused on the long side. There are no signs of a reversal yet. When the MGI shifts, we shift. Until then, we respect the strength. Success isn't about guessing the top—it's about discipline. Let the Market Profile and the MGI guide your setups. Don't start with a bias; let the data guide you. If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org #nq #es #futures #marketprofile #tradeify #cb2724 🚀 If my work adds value, consider supporting the research: ko-fi.com/jpmarketprofile

🎬 60 Seconds of Market Profile: May 1st Review and Plan for Next week. The Bulls kicked off May with a bang, driving ES and NQ to new All-Time Highs. Catch a quick visual breakdown of today's price action and the key levels we are tracking. The Full Recap and Plan can be found in our Substack Newsletter: open.substack.com/pub/jpmarketpr… If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org Use code CB2724 at Tradeify to help us support Saint Jude's Hospital. #nq #es #futures #marketprofile #tradeify #cb2724 🚀 If my work adds value, consider supporting the research: linktr.ee/jpmarketprofile

Check Out Full Recap: open.substack.com/pub/jpmarketpr…

🚀Weekly Market Recap & Trade Plan for Next Week: May 04, 2026🎯 The Bulls kicked off May by aligning all three timeframes to the upside, driving both ES and NQ to new All-Time Highs. While NQ showed dominant strength with a classic short-covering "P" profile, ES showed some late-session fatigue, creating an interesting divergence for next week. NQ led the charge, ending with a massive 12-wide POC and a 6-0 MGI scorecard for the Bulls. ES managed to notch a new ATH at 7300.75 but struggled late, taking out its IB low and ending with a narrow 3-2 MGI lead. With JOLTS, ISM, and NFP on the calendar for next week, the mission for the Bulls is clear: protect value progression at all costs. We are tracking a major measured move target of 28,000 for NQ and 7366.50 for ES. Full breakdown of key levels, including NQ's psychological targets and the critical support zones to watch if the Daily moves back to balance. Check out full Recap -> open.substack.com/pub/jpmarketpr… Don't trade with a bias; trade the auction. Let the Market Profile and the MGI guide your setups. If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org Use code CB2724 at Tradeify to help us support Saint Jude's Hospital. #nq #es #futures #marketprofile #tradeify #cb2724 🚀 If my work adds value, consider supporting the research: linktr.ee/jpmarketprofile

🚀 Midday Market Commentary - Bulls Charge Into May: New ATHs & Short Covering Fuel the Open 📈 The Bulls kicked off May with strength. Despite small overnight ranges (under 50% of average), both ES and NQ hit new ATHs during Globex with Value in their favor. With all three timeframes pointing UP at the open, Bulls remain in control. ES is holding GAP. Overnight inventory was long, and after a small opening pullback, both indices claimed their Overnight Highs. A-period was strong, but B-period subdued the move, and C-period stopped the one-time framing up, liquidating weak buyers. NQ bounced quickly, while ES waited until D-period to find bounce. NQ broke the IB but lacked extension and rolled over. G-period is now a potential Afternoon Pullback. ES looks weaker, testing its opening levels and consuming its buying tail, whereas NQ’s tail remains significant. The morning profile suggests short covering; we must now see if this fuels new longs or if profit-taking leads to liquidation. We are watching for a NQ pullback toward Halfback for a reversal to POC. Current MGI Scores: - NQ: 5-2 Bulls - ES: 4-2 Bulls Stay disciplined as the second half unfolds. Let the Market Profile and the MGI guide your setups. If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org #nq #es #futures #marketprofile #tradeify #cb2724 🚀 If my work adds value, consider supporting the research: linktr.ee/jpmarketprofile

Market Recap & May 1 Trade Plan April closed with a powerful trend day, setting our new Monthly Balance Highs at All-Time Highs for both ES and NQ. 📍 ES printed a Double Distribution day with 4 sets of single prints. Bulls must defend VAH (7210) tomorrow to maintain control and push for new ATHs. 📍 NQ had a strong recovery, missing its Globex ATH by just 1 tick. Bulls need to defend VAH (27,491.50) to keep the pressure on the shorts. 📍 Read today's recap and prep for tomorrow for the full structural breakdown and the exact levels you need on your charts. Plan at Substack -> open.substack.com/pub/jpmarketpr… If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org #nq #es #futures #marketprofile #tradeify #cb2724 🚀 If my work adds value, consider supporting the research: linktr.ee/jpmarketprofile

Midday Market Commentary: April 30th The final session of April is delivering plenty of drama as we define the monthly balance high. Here is where we stand at midday: 📍 Globex strength initially gave both indices a gap and higher value at the open. While the early sell-off closed those gaps, bulls stepped up exactly where they needed to. 📍 ES showed resilience, bouncing just above yesterday’s 10-wide POC. It has since reclaimed the open, cleared the IB high, and is currently 3-0 on Market Generated Information (MGI). 📍 NQ tested deeper, slicing through yesterday’s value to find support at Tuesday’s VAH (21,172). This level remains the line in the sand for bulls. While NQ remains inside the IB with a mixed 2-2 MGI score, value is overlapping to higher. 📍 Market Structure: ES has transitioned back to a Daily Balance, while NQ is back to "Up" on the daily timeframe. 📍 Strategy: We are watching for an afternoon pullback for potential long entries. ES is eyeing the RTH All-Time High, followed by the Globex ATH. NQ needs to clear the IB high to find sync with ES and target its own Globex ATH. If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org #nq #es #futures #marketprofile #tradeify #cb2724 🚀 If my work adds value, consider supporting the research: linktr.ee/jpmarketprofile

@smashelito 👌

Absorption → Reversal $ES

Well, our Substack is under review 🤦‍♂️, so for now, here is the Market Profile Recap and Plan for tomorrow in our old Blog. ko-fi.com/post/Market-Pr…

We've seen NQ bounce twice off yesterday’s Value Area High, while ES is holding firm after two tests of the Daily Balance Low. These are clear lines in the sand. Once the FOMC press conference volatility subsides, the primary focus is seeing whether ES can maintain its current balance or if the auction finally breaks. jpmarketprofile.substack.com/p/april-29-202…

April 29, 2026 Midday Commentary A Tale of Two Indices & The FOMC Shadow The early Bull lead has vanished as we head toward the Fed. ES has moved to a Neutral Day, while NQ is finally giving up ground, slipping back into yesterday’s Value. The G-Period Pivot: ES: Testing the Daily Balance Low for the 3rd time. NQ: Testing yesterday's Value High (27,172). Bears are eyeing a break of the balance to reclaim the Weekly range. Bulls are looking for a defensive bounce at the edges. Size down and stay disciplined into 2 PM! Read the full technical breakdown on Substack: open.substack.com/pub/jpmarketpr… If you want to absorb the Market Profile proficiency from years of experience of @PaulAsmar5 join us at: 🔗 Camelbacktrading.org #nq #es #futures #marketprofile #tradeify #cb2724