ES | SP500 - Weekly Recap & Gameplan - 03/08/25E-mini S&P 500 FuturesCME_MINI:ES1!UA_CAPITAL📈 Market Context: Traders are currently anticipating a possible 0.25% rate cut during the upcoming September FOMC meeting, which continues to support the broader bullish framework. Although the market pulled back after the Non-Farm Employment Change data came in below expectations, overall optimism remains. Sentiment has now cooled off from last week's greed and shifted to a more neutral stance. Historically, August tends to bring some chop and pullbacks, but the structural bias still leans bullish. 🧾 Weekly Recap: • ES kicked off the week with strong upward momentum, climbing steadily into Thursday. • Along the way, price swept a key 4H swing high, breaking into new highs before initiating a retracement. • This price action hinted at a short-term distribution and possible liquidity grab ahead of a correction. 📌 Technical Outlook & Game Plan: → I'm anticipating a move into the Monthly Fair Value Gap — a high-probability liquidity zone on my radar. → That area could act as a springboard for bullish continuation or at least provide a strong reaction. → Until that happens, I remain short-biased targeting the 6226$ zone, which I've marked as a major level. 🎯 Setup Trigger: Once price taps 6226$, I'll monitor for: • Clear break of structure on the 4H and 1H timeframes • Formation of new demand zones indicating potential reversal → On confirmation from the lower timeframes, I’ll shift my focus toward long setups, potentially targeting new highs. 📋 Trade Management: • Stoploss: Below the demand zone formed on 1H–4H • Target: I’ll trail my stop to lock in profits as price moves higher • Note: Although I’ll be watching for ATH retests, I plan to manage risk actively and book profits along the way 💬 Like, follow, and comment if this breakdown supports your trading! I’ll be sharing more detailed setups and educational posts — stay connected!