S&P ES Long setup target 5963.50 / Calls SPY target 596

5 May

Fibonacci technical analysis: S&P 500 E-mini Futures ES1! has already found support at the Fib level 78.6% (5623.50) of my Down Fib. Last Daily candle (May 2) has closed above retracement Fib level 78.6%. My Down Fib guides me to look for ES1! to eventually go up to hit first target at Fib level 127.2% (5963.50).

ES1! – Target 1 at 127.2% (5963.50), Target 2 at 161.8% (6205.50) and Target 3 at 178.6 (6322.75)
Stop loss slightly below the 61.8% retracement Fib level (5506.25).

Option Traders: My SPY chart Down Fib shows price to go up to Target 1 at 127.2% (595.82), Target 2 at 161.8% (620.50) and Target 3 at 178.6 (632.50)

Stop loss slightly below the 61.8% retracement Fib level (549).

Enjoy the trading process and take time to smell the roses🌹

18 May

İşlem aktif

Price hit my Target 1 at 127.2% (5963) on May 16, 2025 for a very generous profit!!! 😀
From my buy signal posted on May 5, ES has moved Up approximately 336 points!

I have scaled out some contracts with a nice profit of 336 points. 💵 💰💲 The May 16 daily candle close suggests price can still go further up to Target 2 and so I have left some remaining contracts waiting for price to reach my Target 2 at 161.8% (6205).

Enjoy the trading process and take time to smell the roses🌹

22 May

İşlem kapandı: hedefe ulaştı

Today's daily candle May 21 close does not suggest price will go further up to Target 2 and so I have closed this trade with a nice profit. 💵 💰💲

Enjoy the trading process and take time to smell the roses 🌹