ES Futures — Plan for Fri, Aug 22

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ES Futures — Plan for Fri, Aug 22E-mini S&P 500 FuturesCME_MINI:ES1!MyAlgoIndex Intraday trend on 15m/30m remains down. The 6,396–6,407 band is the pivot/decision zone. Tomorrow’s session is dominated by Powell’s Jackson Hole keynote (10:00 ET) — plan around it. Fundamentals & Risk Clock (ET) •10:00 — Fed Chair Powell speaks at the Jackson Hole Economic Policy Symposium. Treat this as the day’s primary catalyst; no new entries 09:55–10:05 per risk rules.   •Otherwise, the U.S. calendar is relatively light vs. today’s prints; markets will key off the Powell tone and subsequent positioning.   Structure Map (carry-forward levels) Resistance / sell zones •6,396–6,407 (pivot/decision band) – acceptance above flips bias; failure sends us back inside the range. •6,412 → 6,418 – first upside magnets if the pivot breaks. •6,433–6,436 – underside of prior distribution (primary cap). •6,445–6,447 – secondary cap. •6,469–6,471 & 6,476 – upper supply/“failure” lines. Support / buy zones •6,392–6,388 – LVN pocket; moves often accelerate through here. •6,386–6,382 – upper demand shelf. •6,375–6,370 – NY low cluster/first demand band. •6,366 → 6,357–6,352 – deeper HTF shelf if weakness extends. Preferred Setup (A++): Range-Continuation Short Take only with confirmation; score ≥9. •Trigger: First 5-minute close ≤ 6,390.5 after a failed probe of 6,396–6,407, and the next bar fails to reclaim 6,392–6,394. •Entry: 6,390.5 (MOS). •Stop: 6,396.5 (≈6 pts). •Targets: •TP1: 6,375.5 (+15) •TP2: 6,366.0 (+24) •TP3: 6,358.0 (+32) •Management: Scale ½ at TP1; move stop → BE only after a fresh 5m lower-low or a clean close through the TP1 zone. If no extension within 2×5m bars, cut to half/scratch. •Disqualifiers: Thick support immediately stacks under entry or a 15m acceptance back above 6,396–6,407. Flip Setup (A++ if accepted): Acceptance Long above Pivot Counter-trend unless 15m turns; size accordingly. •Trigger: First 5-minute close ≥ 6,407.5 and the next bar does not reclaim < 6,405. •Entry: 6,407.5 (MOS). •Stop: 6,401.5 (≈6 pts). •Targets: •TP1: 6,418.0 (+10.5 from trigger; acceptable given clean path) •TP2: 6,435.0 (+27.5) •TP3: trail toward 6,446+ if momentum persists. •Disqualifier: Quick slip back < 6,405 after trigger. Timing & Playbook •Primary trade windows: 09:45–11:30 ET and 13:50–15:45 ET. •Powell (10:00 ET): Plan around the speech; entries before the print must have exceptional quality, otherwise wait for post-event structure. •MOC module (15:40–16:10 ET): Use the imbalance as a tiebreaker: modest (