𝗗𝗔𝗜𝗟𝗬 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 | 𝗘𝗦 / 𝗦&𝗣 𝟱𝟬𝟬 | 𝟬𝟮.𝟬𝟵E-mini S&P 500 FuturesCME_MINI:ES1!ShaboS𝗗𝗔𝗜𝗟𝗬 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 | 𝗘𝗦 / 𝗦&𝗣 𝟱𝟬𝟬 | 𝟬𝟮.𝟬𝟵.𝟮𝟬𝟮𝟲 𝗦𝘁𝗿𝗼𝗻𝗴 𝗨𝗦𝗗. 𝗪𝗲𝗮𝗸 𝗜𝗻𝗱𝗶𝗰𝗲𝘀. That is the narrative for this week. Looking at the 𝗘𝗦 𝗯𝗲𝗳𝗼𝗿𝗲 𝘁𝗵𝗲 𝗡𝗬 𝗢𝗽𝗲𝗻𝗶𝗻𝗴 at 15:30 CET / 09:30 EST, the chart is showing an interesting setup. During the 𝗔𝘀𝗶𝗮 𝗦𝗲𝘀𝘀𝗶𝗼𝗻, price broke out of a 𝗰𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗼𝗻 𝘁𝗼 𝘁𝗵𝗲 𝗱𝗼𝘄𝗻𝘀𝗶𝗱𝗲. During this move, the market left behind 𝗲𝗾𝘂𝗮𝗹 𝗵𝗶𝗴𝗵𝘀. The first high was only slightly swept around **7673**, which makes this area particularly interesting as potential 𝗯𝘂𝘆𝘀𝗶𝗱𝗲 𝗹𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆. Above this liquidity, we have an 𝗠𝟭𝟱 𝗙𝗩𝗚. Above the FVG, we also have the 𝗘𝗾𝘂𝗶𝗹𝗶𝗯𝗿𝗶𝘂𝗺 of the consolidation. This creates an interesting area of 𝗣𝗗 𝗔𝗿𝗿𝗮𝘆𝘀 above the current price. 𝗣𝗢𝗧𝗘𝗡𝗧𝗜𝗔𝗟 𝗦𝗖𝗘𝗡𝗔𝗥𝗜𝗢: At the NY Open, price could initially 𝗺𝗼𝘃𝗲 𝗵𝗶𝗴𝗵𝗲𝗿, take the remaining buyside liquidity and move into the 𝗠𝟭𝟱 𝗙𝗩𝗚 or the 𝟱𝟬% 𝗹𝗲𝘃𝗲𝗹 𝗼𝗳 𝘁𝗵𝗲 𝗰𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗼𝗻. If price accepts these PD Arrays and delivers a clear 𝗯𝗲𝗮𝗿𝗶𝘀𝗵 𝗿𝗲𝗮𝗰𝘁𝗶𝗼𝗻, the downside scenario becomes interesting. Below price, we have a 𝗗𝟭 𝗦𝘂𝘀𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝗕𝗹𝗼𝗰𝗸, which is the current potential target. So the idea is: 𝗕𝘂𝘆𝘀𝗶𝗱𝗲 𝗿𝗮𝗶𝗱 → 𝗠𝟭𝟱 𝗙𝗩𝗚 / 𝟱𝟬% 𝗼𝗳 𝗿𝗮𝗻𝗴𝗲 → 𝗯𝗲𝗮𝗿𝗶𝘀𝗵 𝗿𝗲𝗮𝗰𝘁𝗶𝗼𝗻 → 𝗗𝟭 𝗦𝘂𝘀𝗽𝗲𝗻𝘀𝗶𝗼𝗻 𝗕𝗹𝗼𝗰𝗸. 𝗕𝗜𝗔𝗦: 𝗕𝗘𝗔𝗥𝗜𝗦𝗛 𝗘𝗦 The setup is there. Now we will see how price behaves around the NY Open and whether the market confirms the scenario. #ES #SP500 #Futures #Trading #ICT #Liquidity #FVG #PDArray #PriceAction #NewYorkSession #TechnicalAnalysis 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿: This analysis represents my personal market view and is not financial advice. Trading financial markets involves significant risk and can result in substantial losses.