Category Archives: Market Analysis & Outlook

E-mini S&P 500 Futures Key Levels & Trade Plan 01-16-2015

E-mini S&P 500 Key Levels

Market Brief Overnight, ES sold off down to 1970.25 where Responsive Buyers were active and pushed ES back into the previous range. Heading into the open, we’ll be using the 1984.50-1986.50 Micro Bull/Bear Zone and 1988.75-1990 Pre-Mkt Resistance to establish short-term directional bias. Holding below 1984.50-1986.50 would indicate Sellers in control and bring the 1972.25-1973.25 Read More …

E-mini S&P 500 Futures Key Levels & Trade Plan 01-15-2015

E-mini S&P 500 Key Levels

Market Brief Overall, ES is trading in a wide range and we’re in a high-volatility environment so it’s important to pay closer attention to the immediate directional bias and momentum. Heading into the open, we have Initial Resistance at 2017-2020; failure at 2017-2020 would bring the 2005-2007.50 Micro Bull/Bear Zone (Gap 2007.50) into play. On Read More …

E-mini S&P 500 Futures Key Levels & Trade Plan 01-14-2015

E-mini S&P 500 Key Levels

Market Brief Overnight, ES failed at 2018.50-2020.50 (Bull/Bear Zone). Heading into the open, we have Initial Support at 1982-1985 (balance area low); continued tests of that Zone can result in a break-down which would bring 1972-1974 and 1966.25-1968.25 (Gap 1965) into play, where Responsive Buyers can be active on first test. On the upside, we Read More …

E-mini S&P 500 Futures Key Levels & Trade Plan 01-13-2015

E-mini S&P 500 Key Levels

Market Brief Overnight, Buyers were more dominant in ES and TF completely reversed yesterday’s sell-off and broke above yesterday’s high signaling Buyers in control. Heading into the open, we’ll be using 2027-2029 as the Micro Bull/Bear Zone to establish our short-term directional bias. Holding above 2027-2029 would bring the 2038-2040 Initial Resistance Zone and yesterday’s Read More …

E-mini S&P 500 Futures Key Levels & Trade Plan 01-12-2015

E-mini S&P 500 Key Levels

Market Brief Overnight, ES balanced in the lower part of Friday’s range and Sellers continued to be dominant. Heading into the open, the market is very balanced and can make a move in either direction. On the downside, we have Pre-Market Support at 2037.25-2038.25 and the Micro Bull/Bear Zone at 2030.50-2032.50. Holding below 2037.25-2038.25 would Read More …

E-mini S&P 500 Futures Key Levels & Trade Plan 01-09-2015

E-mini S&P 500 Key Levels

Market Brief Overnight, ES held above 2046 and we got an upside move off the NFP/Employment#. Heading into the open, we have Initial Support at 2051.50-2053.50; Buyers should hold ES above that Zone in order to remain in control. On the upside, holding above 2058-2060 would confirm Buyers in control and bring the 2066.50-2068.50 Zone Read More …

E-mini S&P 500 Futures Key Levels & Trade Plan 01-08-2015

E-mini S&P 500 Key Levels

Market Brief Overnight, ES broke out above 2023.75 resulting in follow-through up to 2041. Heading into the open, we’ll be using 2030.50-2032.50 as the Micro Bull/Bear Zone. On the upside, we have Pre-Market Resistance at 2038.50-2040.50. The next major economic catalyst is the NFP/Employment report due tomorrow morning. The Long side is risky at these Read More …

E-mini S&P 500 Futures Market Outlook Video – Jan 7, 2015

E-mini S&P 500

This is a snippet from our group coaching webinar that we hold every Wednesday after the Close for traders enrolled in the OpenTrader Professional Training Program. In this video, we share our E-mini S&P 500 Futures Market Outlook for the next week. The video goes over the current market context, our directional bias and highlights Read More …

E-mini S&P 500 Futures Key Levels & Trade Plan 01-07-2015

E-mini S&P 500 Key Levels

Market Brief Overnight, Responsive Buyers were more active and pushed ES up to 2014.25, which is yesterday’s break-down area. Heading into the open, we have Pre-Market Resistance at 2014-2016 and ES can fail right there. A break-out above 2014-2016 would bring 2021.50 and the 2023.50-2025.50 Initial Resistance Zone into play, which is another area where Read More …

E-mini S&P 500 Futures Key Levels & Trade Plan 01-06-2015

E-mini S&P 500 Key Levels

Market Brief Overnight, the market balanced in the lower part of the yesterday’s range and is setting up for another directional push. We have short-term support at yesterday’s VPOC 2014.50 and will be using 2010-2012 as the Bull/Bear Zone. Holding above 2010-2012 and 2014.50 could result in an upside break-out. On the upside, we have Read More …