ES - October 22nd - Daily Trade Plan

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ES - October 22nd - Daily Trade PlanE-mini S&P 500 FuturesCME_MINI:ES1!jhill1618October 22nd - 6:45am *Before reading this trade plan, IF, you did not read yesterdays, or the Weekly Trade Plan take the time to read it first! (You can see both 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. ---------------------------------------------------------------------------------------------------------------- Our overnight high is 6789 and overnight low is 6763. Very tight range that should resolve higher today. Ideally, we can get a pull back to the 6750 area and reclaim 6758, 6763. Any price action below 6763 and a quick reclaim would be bullish. IF, price does clear 6789 we could get to 6797, 6807 as first targets and 6812 being a heavy resistance area. IF, price clears then fall back inside the overnight range, we could then lose the 6770, 6763 level and would not want to see price lose 6738 or we may need to retest 6703 area which has been tested a ton over the week and it is also the bull/bear line, I have been discussing since last week. Key Levels Today: 1. Loss of 6770 and reclaim 2. Loss of 6763 and reclaim (Potentially down to 6758) 3. Loss of 6750 and reclaim Price below 6738 and we will probably need to retest the 6703 level. We have to remain bullish with price above 6695 Key Support Levels - 6770, 6763, 6750, 6738, 6712, 6703, 6695 Key Resistance Levels - 6789, 6797, 6807, 6812, 6815, 6827, 6836, 6851 I will post an update around 10am EST. ---------------------------------------------------------------------------------------------------------------- Couple of things about how I color code my levels. 1. Purple shows the weekly Low 2. Red shows the current overnight session High/Low (time of post) 3. Blue shows the previous day's session Low (also other previous day's lows) 4. Yellow Levels are levels that show support and resistance levels of interest. 5. White shows the trendline from the August lows