ES! Futures Analysis
Hey, Nate here. Here is my technical analysis for the S&P 500 futures. This will be particularly useful for intraday trading and scalping. I use an incredibly sensitive VPVR setting to pinpoint volume nodes in market structure. Around these levels is generally where I will look for opportunity. I use a simple market following system to watch for things like reclaim or loss of price nodes, and tests of support/resistance areas to form a bias. In proper context, I will watch the test of a high volume node on footprint and usually go for scalps as liquidity will be quite good. If the node is one that I am biased for a reversal, I will focus on getting a runner.
I treat this like a video game, I am not here to tell you profit targets, just levels to do business at and conduct your own opinions based on new data the market gives you.
Dashed Lines = LVN, low volume node.
Solid Lines = HVN, high volume node.
Green = Highlighting bullish structure nodes.
Pink = Highlighting bearish structure nodes.
____
Current Bias:
- Impressed with last week, we took quite the sell off and have had a very nice rally. Amazing price action for scalp plays.
- We currently moved back through the two primary high volume nodes, and have paused at the above acting as resistance.
- Short term, I am watching the "Local Support" zone on my chart to clarify structure more.
- No commitment to any trade plans, leaning slightly bearish short term, but that is subject to change at any moment.
Happy Sunday Funday!
I treat this like a video game, I am not here to tell you profit targets, just levels to do business at and conduct your own opinions based on new data the market gives you.
Dashed Lines = LVN, low volume node.
Solid Lines = HVN, high volume node.
Green = Highlighting bullish structure nodes.
Pink = Highlighting bearish structure nodes.
____
Current Bias:
- Impressed with last week, we took quite the sell off and have had a very nice rally. Amazing price action for scalp plays.
- We currently moved back through the two primary high volume nodes, and have paused at the above acting as resistance.
- Short term, I am watching the "Local Support" zone on my chart to clarify structure more.
- No commitment to any trade plans, leaning slightly bearish short term, but that is subject to change at any moment.
Happy Sunday Funday!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.