ES - February 25th - Daily Trade PlanE-mini S&P 500 FuturesCME_MINI:ES1!jhill1618February 25th - Daily Trade Plan - 7:14am *Before reading this trade plan, if you did not read yesterday's take the time to read it first! (You can view the posts in the related publication section) * If my posts provide quality information that has helped you with your trading journey. Feel free to boost it for others to find and learn, also! My daily trade plan and real-time notes that I post are intended for myself to easily be able to go back and review my plan and how I did from an execution perspective. ** NOTE - If you trade before I write out my daily trade plan. You can look at the prior days chart and 9/10 the levels already pre-planned out are still being respected. ** -------------------------------------------------------------------------------------------------------- Overnight we have been moving sideways in a tight range between 6900-6922. I expect price to reach the 6931-35 level, and this will determine if sellers are still present or we are going to break out. We have 3 days here end of the month that you can tell Institutions are keeping price at the top end of the range as we head into the end of month and the start to the last month of Q1. Overnight the 6900-level liquidity was bought up around 10:30pm. We have not retested this level since, and my expectation is that we get one more bounce before losing this level. Key Levels Today - 1. 6900 - Flush and Reclaim 2. 6882 - Flush and Reclaim 3. 6875 - Flush and Reclaim 4. 6850 - Flush and Reclaim Below 6824 and I will be waiting on 6800 (Tuesday's low) which might go to 6783, 6774 or 6756 if we are selling off pretty well. When price is trading in tight ranges like we have had in the overnight session, we need to be patient, trade level to level and not get chopped up. Pick your level, wait for price to show it wants to move higher and not sell off and grab points. I will post an update around 10am EST. ---------------------------------------------------------------------------------------------------------- Purple = A Weekly Low (Current or Previous Week) Blue = A previous day low (Day before or day in the past week) Red - Overnight Session High/Low (Prior to my post) White = Key Support/Resistance Levels