ES - December 15th - Daily Trade Plan

Wait 5 sec.

ES - December 15th - Daily Trade Plan E-mini S&P 500 FuturesCME_MINI:ES1!jhill1618December 15th- Daily Trade Plan - 7am *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. -------------------------------------------------------------------------------------------------------- Last week we closed around the same level as the previous week. While we tried to get above the 6925 level, we could not hold above it to keep the momentum heading higher. This week we have some economic data coming out and we can expect some volatility as we head into the last week of heavy trading volume for the year. This week should set the tone for the remainder of the year. The overnight session low is 6823 and we have some clear levels that have held since we rallied into the overnight session high of 6865 (as of writing this post). 6851 is our first immediate support and 6843 being a level that should hold if we want to keep going higher. Price is in a tough spot for new entries this am as we are looking to continue higher to back test the 6885 level. You might be able to find an entry on the back test of 6865 if we can clear it to 6870 then back test 6861-65 Key Levels Today - 1. 6843 - Flush and Reclaim (Lower Quality) 2. 6823 - Flush and Reclaim (High Quality) 3. 6801-05 - Flush and Reclaim (Highest Quality) 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