FT400

#ES_F SPX/ES Futures . Not a financial advice. Join substack for free setups/levels

[Dustin @r0ck3t23]

Elon Musk just quantified the exact speed of human obsolescence.

For ten thousand years, one organ ran this planet. Every empire, every invention, every war traced back to the same three pounds of tissue sitting behind your eyes.

Go was the last fortress. A game so impossibly complex the world’s greatest players swore no machine would ever crack it.

Musk: “People thought defeating Go was either never or 20 years away.”

Then the silicon woke up.

Musk: “Now that same AlphaGo system can defeat the top 50 players simultaneously with 0% chance of them winning. And that’s one year later.”

Do not gloss over zero percent.

Fifty of the sharpest biological minds alive. Entire lifetimes of obsessive mastery.

Neutralized in twelve months by a system that does not know it is playing a game.

Now replace that board with financial markets. With the global economy. With the architecture of modern warfare.

Musk: “The degrees of freedom to which artificial intelligence is able to apply itself are really increasing by 10 orders of magnitude a year.”

Ten orders of magnitude is ten billion times. Every single year.

Human brains think in straight lines. We expect progress to walk.

It compounds by ten billion times every twelve months. We still think we have time.

A dog knows you are smarter than it. It cannot tell you by how much.

A chimp will never grasp calculus. Not because it is stupid. The gap itself is invisible from where it stands.

We are approaching that threshold. Once a system surpasses us, we lose the ruler. We will know something is ahead of us.

We will never be able to measure how far.

The monopoly on intelligence is over.

We did not build a tool.

We built what comes after us.

No generation before us stood here. No generation after ever will.

We are not the replaced. We are the witnesses.

The last minds who will ever see intelligence at eye level.

[FT400 @FutureTrader400]

#ES_F 6864 Short in Globex and RTH played out. 6824 Long in Globex held twice.

We stayed out mostly after getting paid on 6864 shorts until it flipped. Day ended retracing most of the gains back below 6864 which along with 6840 is going to be important as we open next week.

[FT400 @FutureTrader400]

#ES_F 6980 short gave 6940 and more.
6876 long gave few handles on bounce. Now that we have hit target 6864, bulls can expect some deadcat bounce to 6906 if that. If bulls can't even take out 6880 here expect ugly close.

[FT400 @FutureTrader400]

#ES_F 6980 short gave 6940 and more.
6876 long gave few handles on bounce. Now that we have hit target 6864, bulls can expect some deadcat bounce to 6906 if that. If bulls can't even take out 6880 here expect ugly close.

[FT400 @FutureTrader400]

#ES_F Short 7002 and then Short 6980 with target to 6940 which was good long for those who wanted in.
Globex has 6980 above and 6956 below. Tape remains sell below 80 and buy above 56 now until it converts.

[FT400 @FutureTrader400]

#ES_F Globex 6984 short gave sub 6960's which was level. We longed 6990 on Econ and now trading above 7002 an important level. Bears will have to regret again today like they do always and see ATH if they can't go back below 6980

[FT400 @FutureTrader400]

#ES_F Globex 6984 short gave sub 6960's which was level. We longed 6990 on Econ and now trading above 7002 an important level. Bears will have to regret again today like they do always and see ATH if they can't go back below 6980

[FT400 @FutureTrader400]

#ES_F RTH Long vs 6940 and second chance long vs 6956 gave 6080 where we liquidated. Important levels are 6980, 7002 and below 6956 now as we head into power hour. No trades until we see traction below 80 or above 7002.

[FT400 @FutureTrader400]

#ES_F 200 handles from lows. Globex close above 6940 not good look for bears. They need to take it below 6940 on Sunday open and traverse back to 6800's next week or we go to ATH again. Lets see.

[FT400 @FutureTrader400]

Globex 6776 converted and held as support overnight giving 100's of handles
RTH Long vs 6882 gave 6900+
Tape remains long and bulls are determined to keep going now as far as 6900 holds.

[FT400 @FutureTrader400]

Globex 6776 converted and held as support overnight giving 100's of handles
RTH Long vs 6882 gave 6900+
Tape remains long and bulls are determined to keep going now as far as 6900 holds.

[FT400 @FutureTrader400]

6864->6840->6824 levels you need to know today.

[FT400 @FutureTrader400]

6864->6840->6824 levels you need to know today.

[FT400 @FutureTrader400]

Gave Globex short 6916 which is now 100 handle short. #ES_F
Shorted RTH open vs 6974 and then reshorted 6928. 6824 an important level. Below you have 6772 and above you have 6864.

[FT400 @FutureTrader400]

Gave Globex short 6916 which is now 100 handle short. #ES_F
Shorted RTH open vs 6974 and then reshorted 6928. 6824 an important level. Below you have 6772 and above you have 6864.

[FT400 @FutureTrader400]

RTH Short 6950 gave 6916 and Reshort from 6916 gave 6864. 6864 has been acting as dip buy as far as it holds. Above 64 you have 86 and below you have If it converts we see ugly continuation down to all important 6824.
#ES_F

[FT400 @FutureTrader400]

RTH Short 6950 gave 6916 and Reshort from 6916 gave 6864. 6864 has been acting as dip buy as far as it holds. Above 64 you have 86 and below you have If it converts we see ugly continuation down to all important 6824.
#ES_F

[FT400 @FutureTrader400]

@Super_Straigh_T Yep, had room long vs 7002 all afternoon and in Globex.

[FT400 @FutureTrader400]

#ES_F Gave long vs 6956 at open. Now 7K. 7002 is LIS now. Bears have to convert 6980 below and Bulls need to get over this 7002 for continuation.

[FT400 @FutureTrader400]

#ES_F Gave 7002 Long which held all afternoon giving +20 in globex. Bulls want ATH. Bulls have strong support to 6992. Above you have 7036 and 7050. Below you have 6980.

[FT400 @FutureTrader400]

#RTH Short 7012 gave 100 handle move down to our target 6902. 6902 gave a 70 handle bounce. Now 6972/76 is important area for bears to defend. they are trying since last 3 hours.

[FT400 @FutureTrader400]

Apex 90% is back again, Code is FT400.

[FT400 @FutureTrader400]

#ES_F Globex 7K gave 40 handle run up. Level 7036 conversion on RTH gave 7K. 2 pm FOMC, trade carefully. Above you have 7052 and 80. Below you have all important 6980 and 6960. Absolute support for bulls below is 6886.