ES - October 7th - Daily Trading Plan

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ES - October 7th - Daily Trading Plan E-mini S&P 500 FuturesCME_MINI:ES1!jhill1618October 7th- 6:45am EST *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. ----------------------------------------------------------------------------------------------------------------- I am not going to go into detail on yesterday's trade plan and price action as we are in the same area, and the levels are pretty much the same for today. --------------------------------------------------------------------------------------------------------------- Today's Plan - We have 6783 as our first support with an overnight high of 6792 and overnight low of 6774. Yesterday, I was able to grab points from the reclaim of the 6772 level. We have a straight-forward plan for today. Ideally, we can pull back and close the 6763 level, reclaim 6768,6772 and move up the levels. IF, price can reclaim 6792, we should retest 6800 and potentially move up to the weekly targets. Highest quality setups are the following: 1. Flush 6774 and reclaim for a move higher 2. Flush 6767 and reclaim for a move higher 3. Flush of 6753 and reclaim for a move higher 4. Flush of 6741 and reclaim for a move higher These are the 3 main levels; I am looking to grab points from. Key Support Levels - 6774, 6767, 6763, 6753, 6747, 6741, 6720, 6705 Key Resistance Levels - 6792, 6800, 6807+ IF, price rallies above 6792 (Overnight High) and then comes back into the overnight range after the NYSE Open, and ES starts to sell off fast, DO NOT try and RUSH into grabbing points. Wait for it to build a base at one of the levels outlined above. 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