MES1! What I will be watching for is the 30 min money flow to come into red as well as either a lower high or aggressive selling pressure on an equal or liquidity swept high. Target will be to the 30 min 200 SMA and then 8 hour 50.
Micro S&P 500 Futures forum
MES1! What I will be watching for is the 30 min money flow to come into red as well as either a lower high or aggressive selling pressure on an equal or liquidity swept high. Target will be to the 30 min 200 SMA and then 8 hour 50.MES1! Basic strategy setup on market cipher is coming into play. 8 hour red dot with 30 min money flow trying to come into red.
ES1! Asiansession shorts look good for continuationES1! and charts are closed for today see yall tmrw morning for openingES1! been getting crazy consistent at thisES1! 1:7rr trade hit from this mornings callout
MES1! The macro does align with the micro in terms of high side targets. There is also a chance this is still the 3 wave from April lows as that pullback is not very significant. That will be clearer when we begin the next large descent. It would be absolutely brutal to see a gap fill all the way to 5280 area and it just be a higher low. That would be confluent with the 0.236 fib level as well. I suspect its timing will coincide with the July tariff resumption coming if we do get it.
I don't think a move up to 7k is rational, but as of now the charts are not showing the major crash signals on higher timeframes just yet. We could get them without going up any further than we already have for sure, but you just have to play it as the price action develops.
ES1! It will continue down there is buyside liquidity 5136ES1! very nice moveMES1! I favor something like this with max pullback near 6040 area unless 1 hour money flow changes in a big way. I personally wouldn't count that circled area as a 4 wave down because it didn't pullback to any significant target. Ultimately the daily is showing a new ATH to me either this week or next. Getting a nice rejection at the 1.618 extension for now.