Weekly Analysis of the S&P 500 (ES) - Sep 22 - 26 - Fundamental E-mini S&P 500 FuturesCME_MINI:ES1!MyAlgoIndexBias So, here's the deal: we're still on an upward trend, but price is pushing against a "ceiling cluster" just above us. Expect a slow climb for now until something changes. As long as we stay above 6,700–6,705, dip buyers will probably step in and try to push things back up to the 6,73x/6,75x range. When we hit 6,745–6,760, we might see some stalls or rejections because there’s not much support there. If we can get above 6,760 and hold it for 15 minutes, we could squeeze up to around 6,798. On the flip side, if we drop below 6,700–6,705 and stay there for 15 minutes, the vibe could switch to a downward trend, with potential targets around 6,693 and then about 6,660. In short: I'm feeling slightly bullish as long as we’re above 6,700. Watch for some action around 6,745–6,760, and consider going long only if we cleanly break above 6,760. Quick game plan for tomorrow (NY kill-zones 9:30–11:00 & 13:30–16:00 ET) Open > 6,710 and < 6,731: Buy dips into 6,720/6,710 aiming back to 6,731 → 6,745. Gap/push into 6,745–6,760 early: Look for a 15m rejection to fade back toward 6,731/6,720. Accept > 6,760? Switch long and target 6,798. Break and hold < 6,700–6,705: Stand down on longs; hunt bounces to sell toward 6,693 → 6,660. Use Key Levels as a map. Week-ahead fundamentals (ET) — what can move ES Mon 9/22 — CFNAI (Chicago Fed) 8:30a. Tracks broad U.S. activity; August print due. Tue 9/23 — S&P Global “flash” PMIs (Mfg/Services) 9:45a indicative timing; S&P’s week-ahead notes flash PMI on the 23rd. Wed 9/24 — New Home Sales (Aug) 10:00a. Census’ July release notes the Aug report is scheduled Sep 24. Thu 9/25 — Q2 GDP (third) 8:30a (BEA), Durable Goods (Aug) 8:30a (Census), Weekly Jobless Claims 8:30a (DOL). Fri 9/26 — PCE & Core PCE (Aug) 8:30a (BEA) and U. Michigan sentiment (final Sep) 10:00a. Fed speakers (mid-day risk): Mon 12:00p Gov. Miran; Tue 12:35p Powell; Thu 9:00a/1:00p Bowman/Barr; Fri 10:00a Bowman. Treasury supply: 13- & 26-wk bill auctions Mon 9/22; 6-wk bill Tue 9/23; 2-yr FRN reopen Wed 9/24 (tentative schedule). Earnings to note (Thu): Costco Q4 FY25 call Thu 9/25 2:00 pm PT; broader week list light otherwise.