ES - March 4th - Daily Trade Plan

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ES - March 4th - Daily Trade PlanE-mini S&P 500 FuturesCME_MINI:ES1!jhill1618March 4th - Daily Trade Plan - 7:45am *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. ** -------------------------------------------------------------------------------------------------------- We got our short squeeze yesterday when price lost the 6727 level and reclaimed it and moved up the levels. Overnight High is 6855 and the Overnight Low is 6772. If price can clear 6855, we should attempt a retest of the 6912 level above. If price loses 6772 and cannot reclaim pretty quickly, we will most likely need to retest the 6742, 6719 levels. Key Levels Today - 1. 6812, 6800, 6783 (These levels can produce some points) 2. 6772, 6742, 6719 (Highest Quality levels for some points) If we do lose the 6719 level, we will need to look at 6709, 6690 as levels that a short squeeze can happen, especially if we are selling off pretty quickly. Below 6690 and 6655, 6621, 6611 are the levels below that I will be waiting for. 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