📝 ES - E-Mini Daily Plan 6/25

🗺 What's happening? (the context) 🗺 Monthly/Weekly/Daily one time framing higher

Clean gap up and breakout yesterday. After a large gap we must expect some chop as the market digests the large move. It took a few periods of balance but after the pullback to our key zone at the bottom of the weekly zone from the pullback longs section of the plan we rallied nicely up to the next weekly zone.

From yesterday’s pullback longs plan: “6107-6110”

We put in two lines of single prints on the way up giving a few nice areas to watch today, Just above yesterday’s high we have the top of the prior balance from the prior ATH at 6162 and the ATH at 6166.50. We have Jay Powell testifying again this morning at 10am EST and a lot of data on Thursday/Friday. The resilience of the market has baffled many, even with no trade deals and negative headlines and data, the march higher continues. Each day has given a few opportunities for the patient to catch really nice trades so it’s critical not to get caught up with the market slows down to a grind and overtrade. Wait for the little headline moves that give you a good opportunity to get in. Overnight inventory is mostly balanced and we are auctioning around yesterday’s point of control.

So, here’s how I will play it, as this is written we are currently trading at 6149:

Key levels/zones nearby: