@IsshoKnows Couldn't agree more about avoid relying solely on retail indicators! Adam elaborated on this exact point over on his other platform definitely worth reviewing his recent posts there for the full context.
@DrJonnyBros From Adam’s latest update, 7822 is the next support of interest if price continues lower. The 7827 failed breakdown was the primary downside entry from the newsletter earlier. If that level fails cleanly, 7822 becomes the key zone to watch rather than replacing it outright.
@BrunnerTrades Yes, in cases like this I’d still wait for the 40+5 to confirm the shelf is being accepted rather than just probing it, especially with the true low sitting only a few points lower at 36.
How do you typically size or manage the stop when the next level is that close?
@Rafalesque1 Nice work catching that run from 7840 to 7853 — clean trade on the bounce.
Did you take the full size off at 7853, or did you leave a runner for the higher levels Mancini was watching?
@DavidDa41048475 7840 started as a minor reference from prior structure, then got promoted mid-session once price treated it as a meaningful pivot rejection behavior and the subsequent magnet toward 7853 made it more relevant in real time.
@investingpro12 Classic ES behavior sharp reaction to the news then immediately back into the chop. Levels are holding with almost zero follow-through. You seeing any catalyst that could finally force a real break of the range?
@IVereveiko The current lower-timeframe action remains chop/range, so exact timing is hard to call, but that’s the price level I’m oriented toward once the range resolves lower.
What levels or triggers are you watching for the chop to end on your side?
@ReXXXofficial Traders usually estimate ‘trapped’ liquidity like that ~$60m figure from volume profile / footprint data, liquidation heatmaps, or order-flow tools that show how much resting liquidity or stops got swept on the wick. Astro is just annotating what his chart setup is showing.