S&P 500 Futures

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📁_$ES_F // Yesterday’s Plan in Review

The plan was clear: look for an hourly dip to buy and continue to build a position for a potential break out.

51 points and counting, as the plan was to look for dips to buy and build a position for a potential break out. The entry took a lot of patience, but when it finally broke, price simply never looked back, pushing through my level 1, pausing two hours at my $6085 level and ultimately breaking higher, back towards weekly key level $6102.

Every day I send out a Three Level Hourly Plan as a roadmap for the coming session. Here is a copy of yesterday’s plan. Trade recaps and journal were sent with yesterday’s closing update.

📁_$ES_F // For the Coming Session

I contrive my daily trade plan from my signature Dynamic Trend Following system, with the EMA Dance concept leading the way.

We got the anticipated hourly pullback and the backtest of D1 EMA9. Buyers wasted no time and pushed through to the technical target for last week’s failed breakdown.

—> Straight line break out, risk of exhaustion.

For today, when the hourly uptrend ends, pullback to test the rally. D1 EMA9 key as we again have nothing buy volatility. Line to line moves, suggesting that we are in price discovery modus instead of trend.

Caution - but control: the Base Box Sequence is about EMA9 reversals and instructs to stay exposed until the EMA9 trend ends. This can extend much further than we dare to predict. The plan is clear: D1 EMA9 is leading and markets are attempting to break out in a weekly uptrend.

Here is the setup chart, detailed hourly plan with levels in today’s paid section.
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