MTFutures
104 posts


Yesterday was all about 6623. Held 6-7x and we ran to 6658, 6690 bonus target. 2hrs ago we got *another* perfect Failed Breakdown. Per 4pm newsletter, traps of 6612 were actionable. We got it, ran to 6640 Plan: 6623=support. 6647, 6663, 6676 next. 6623 fails, dip 6612, 6592


Its a day traders market today in #ES_F and all about 6623 support posted 8am. We've been testing/trapping all day, and just hit it again. No change: 6635 reclaims see (6642 - hit 2x), 6658-62. No rally today until that recovers Bears control fully under yesterday's 6716 support


First "elevator down" sell for #ES_F following Sunday's 135 point 6689 Failed Breakdown. Usually, pre-FOMC sells good for bulls. Little to do but wait for a reclaim though. Bears control until 6764-70 shelf recovers. 6749 reclaim could pop there 6727, 6716 (watch traps) below


Mid-day chop in effect, but levels respecting well in #ES_F. 6743 was support given at 8am. It held. Targets were 6754, 6770, 6793 final (all hit). Bonus were 6802, 6819. We hit 1/2 bonus I posted 2hrs ago that 6766-70 support, and its held since. Same upside targets. 6743 below


Its always good when we hit targets within 30mins of my morning target post in #ES_F. Longs still working from Sunday 6689 Failed Breakdown. I posted 30mins ago 6743/35=support. Held. Targets were 6754 (hit), 6766-70 (hit), 6793 final Above there, bonus slate is 6802, 6808, 6819


Past week was a goldmine for my core setup: The Failed Breakdown in #ES_F. Per 4pm newsletter, traps of Monday's 6641 low trigger long. At 4am we trapped it by 1 points, recovered, now +60 Plan today: 6693, 6685=supports. 6716, 6738, 6758-65 backtest todays targets. Dip<85 to


All the action today went to the morning traders in #ES_F - now just pure chop. Hold runners. 6822 reclaim was long trigger given at 7:50AM. Targets were 6838, 6848-52, 6884 which was big res as posted. Been here for 4 hours now, slowly pushing through 6904 next, also big



Ystd, #ES_F lost its 3 day 6954 support shelf, triggering 1st dip in a week. Sell algo on until a Failed Breakdown triggers, then squeeze Plan today: Mini Failed Breakdown of overnight low active. 6850, 6860 above. 6860 must recover to see 6870, 6893+. 6822 fails, dip 6813 6795




After 218 point rally from Thursday 8pm 6773 Macro Failed Breakdown, #ES_F finally resting. Yesterday's bonus target was 6998, we hit exact 2:30PM & exact overnight Plan today: 6970-6998=chop. Watch sweeps of overnight low to setup 6982, 6998, 7006+. 70 fails, dip 58-60, 6945



6872 keeps paying over & over in #ES_F. It was support as posted all morning - held 2x for bounces to 6896 resistance. I then posted 38mins ago to watch traps of 6872. We swept it, trapped, and ripped back to 6896 again. *Protect gains*. Bulls must recover to see 6905, 6913+



Very important note: We remain in no volatility holiday chop until Monday. ***do not overtrade this** - it is total random noise*. We get about 1 actionable burst of volatility that is tradeable per day as I discuss in newsletter. 6935-6963=total noise now with 6952 being magnet

While holiday volatility still very low - we are getting setups in #ES_F. As posted live, 6944/48 Failed Breakdowns trigger long. We got it. Targets were 6952 (hit), 6959 (hit), 6963 (1.5 points shy). Just hold runner. 6973+ if ES wants more. No change to setups or supports


Holiday chop continues with #ES_F stalled since 4pm. Yesterday plan tracked. 6935-38 was support as posted (held), targets were 6954, 6959-61 (hit) Plan today: *Dont overtrade*. Bulls must reclaim 6952-54 with force to see 6959, 6963, 6973+. 6942, 6934-38=support (watch traps)



Picture perfect follow through in #ES_F. As posted both here and in newsletter 6935-38 was support and back-test of the December 23rd breakout shelf. It held exact. I also posted 6942 reclaim was a trigger. Targets I gave were 6954 1st (hit), 6959-61 2nd (hit). 6973-76 next






We are *finally* getting some good volatility/red after 5 green days last week which took us to 6989 target in #ES_F. 6961 was support today as posted and after basing there for 4hrs, failed. Bulls need to recover 6959-61 to rally today to 6967, 6973-75. 6935-37 next support




After a decent burst of volatility around the open, we've settled back into holiday chop. 6973 support as posted 8am & #ES_F agrees. Held to the tick 10:10AM, bounced 13 points. Tested again 11:10AM. Now probing below. Bulls want to recover to see 82, 89+ again. 6967, 6963 below