CottonFields
91 posts

CottonFields
@ZeaZenZone
Charting the Markets for Profit. Charts key a direction to bet on, levels to get in, and levels to take profit. It's all about the Charts! Join us.



Its been a lucrative session today (despite being OPEX) and little to do now as we slowly grind down. Setup #1 was 6612 Failed breakdown. We got to 6647 1st target exact. Setup #2 was the 6592 support. We got to 6608 1st target. 6591 must recover to bounce. Bears control<6623

We are now have 0 volatility in #ES_F. 6592 was support as posted with sweeps and recoveries actionable. We swept it, rallied to 6608 1st resistance which has ben a ceiling since. If we get vol again and it clears, 6623 magnet is above. From there, we bottom to 6635, 6647+


*Finally* the first small injection of volatility/retrace for #ES_F since Tuesday morning when our 6832 Failed Breakdown originally triggered. Bulls must recover 6943 now to work up to 6961, 6971 (already hit), 6980. 6925-30, 6918, 6904 next supports if we continue small retrace


Its every 30 mins we get a good trade today in #ES_F. 30mins ago I posted that 6832 reclaim triggers up again. Targets were 6838, 6857 as usual. We hit 6857, dipped. This is the 2nd time today we got this entry. 6838, 6857, 6877+ remain above. 6900 full backtest. Same supports

Note: As per yesterdays FOMC guide, FOMC days are defined by traps. Trade the Failed Breakdowns, protect gains, then get out of the way. We had a very nice, planned Failed Breakdown of yesterday's low there so just hold runners now until and unless next trap hits






6372 was next target and #ES_F agrees, basing here for 3hrs now as we digest it. +45 points from the 6333 reclaim long trigger. Today's targets were 6342, 6351, 6362, 6372. We've had some nice backtests today as well (6342, 6362). Just hold runner, works done. 6382, 6395 above



Tariff headlines driving price as #ES_F cools off after 10 green in a row & theres 6250 next down hit. All about 6281 today as posted. Bulls control above/bears below. We back-tested it exact from below 2x, no recovery, so down we go 6260, 6271, 6281 above now. 6238 next support



Levels continue to react with precision as we flag in #ES_F. 5900-5927 (with 5910 magnet) remains chop range. Reclaims of 5900 were the trade today as posted. We got it 1x this morning, 1x just now. *Protect gains at 5910* No change: 5890 must fail to dip (just held to the tick)



Lvls continue to act precisely in #ES_F: 5075 is major support with 5130 being resistance & the bull/bear line. We tested 5075 once, rallied to 5142. We tested 5075 a 2nd time just now, rallied to ~5130 instantly. Probing below 75 now. 5075 must recover to pop again. 5025 below


