SP cash gap and go. No trade into the breakaway gap for four bars suggests market can continue in the direction of the gap for the next 7 trading days.
and this is why OD/ID pattern is one of the most powerful breakout patterns. Now getting range expansion down. (gap underneath comes in at 5805.75 basis SP US session.)
President Trump’s tariff plan is the biggest break in American trade policy in over a century. It’s also one of the most profound and harmful mistakes of the modern era. Our economics editor, @currhenry, explains why it’s so utterly deluded https://t.co/lkGqejuVR0
#ES_F Daily Plan | March 21
The battleground between 5754 and 5682 was the key area today and remains important moving forward, following today’s inside day.
Responsive activity is expected within this range, while a stronger directional move requires acceptance beyond its extremes. OPEX tomorrow!
In terms of levels, the Smashlevel is at 5725, marking a LVN. Holding below this level would target 5682, with a final target at 5657 under sustained selling pressure.
Conversely, failure to hold below 5725 would target 5754, with a final target at 5786 under sustained buying pressure.
#ES_F Daily Plan | February 28
After a very volatile initial balance, two-sided activity took place within the prior day’s value area. Change took place in the K-period, when the second test of Tuesday’s excess low failed to find responsive buyers, resulting in a downside continuation. Both the ES and SPX gaps were filled in the process.
Now, we monitor for continuation or a lack thereof, with immediate attention on 5889. Sellers remain in firm control of the auction, aiming to revisit the January lows, while buyers need to negate the closing weakness by reclaiming the 5930-40 area.
In terms of levels, the Smashlevel is at 5889, marking the M-period spike base. Holding below this level signals weakness, targeting the 5% correction level at 5858, with a final target at the support area between 5823 and 5813 (January low) under sustained selling pressure.
Conversely, failure to hold below 5889 would target fills of the L-period single prints up to 5909, with a final target at the resistance area between 5930 and 5940 under sustained buying pressure, effectively filling the K-period single prints.
@noleksum52@elonmusk These claims lack credible evidence and have not been corroborated by reputable news sources or official investigations2. The original source of this information appears to be a Thai-language website citing an unnamed Ukrainian official, which further undermines credibility2.