ES - April 9th - Daily Trade Plan

Wait 5 sec.

ES - April 9th - Daily Trade PlanE-mini S&P 500 FuturesCME_MINI:ES1!jhill1618April 9th - Daily Trade Plan - 7:55am *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 - Contract Roll: ES is in the process of rolling over from the March 2026 (ESH2026) front month contract, to June (ESM2026) front month contract. You will see that the contract price has changed and past levels are now different. I will be using the June (ESM2026) contract levels moving forward until the September contract. *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. ** -------------------------------------------------------------------------------------------------------- Since the Iran ceasefire, we rallied in the overnight session yesterday and have been consolidating in a range between 6791-6847. This range should keep us moving higher. We have tested the bottom of the range 4x, and we need to clear 6830 to keep price moving higher. Between 6830-6791 is a choppy range that we can easily continue to build out this range today. If we lose 6791, we will need to look at levels below to be flushed and reclaimed to keep this move higher. Key Levels Today 1. 6804 - Flush & Reclaim 2. 6791 - Flush & Reclaim 3. 6757 - Flush & Reclaim 4. 6742 - Flush & Reclaim Below here and we will most likely be selling off pretty quickly and I would wait for a base to build at one of the following levels. 6717, 6700, 6686, 6666. If we lose 6791 and cannot reclaim it pretty quickly, we will most likely sell off pretty quickly. Be patient and wait for price to come down to a key level or wait for price to reclaim 6830 and look for a back test to enter. For the past 4 weeks price has rallied Sunday evening and then sold off to the weekly lows by Friday. If we lose 6791, there is a high probability that this will happen again this week. I will post an update around 10am EST. ---------------------------------------------------------------------------------------------------------- Purple = A Weekly Low (Current or Previous Week) Blue = Key Support/Resistance Levels Yellow = The previous day low (Includes the current weekly daily lows) Red - Overnight Session High/Low (Prior to my post)