ES Weekly Outlook – Week 36 of 2026 (SEP 07 - 11)E-mini S&P 500 FuturesCME_MINI:ES1!UA_CAPITALES WEEKLY MARKET OUTLOOK ES Weekly Recap Outlook Price found a strong reaction from the First Key Level and, exactly as planned, reached the Flip Level first and then Bullish Target 1 almost to the tick. We captured a 1.75% move, equivalent to 132 points. (For reference, I have included last week's outlook on the right.) UA CAPITAL Trading Desk Weekly Execution Metrics | WEEK 35 Total Trades Closed: 12 Winning Trades: 8 Losing Trades: 4 Overall Win Rate: 67% Index Options: 2 Trades (2 Wins) Futures Desk: 7 Trades (4 Wins / 3 Losses) Equities (Stocks): 2 Trades (1 Win / 1 Loss) Precious Metals/Commodities: 1 Trade (1 Win) Result: A solid Green Week. This Week's Scenarios / Prediction Risk Index This oscillator reads macro conditions and converts them into a technical risk framework. It was developed internally at UA CAPITAL and remains the primary indicator I use for both short-term and long-term positioning decisions. Long term: Risk on Mid term: Risk on Short term: Neutral A warning: Macro liquidity conditions remain fragile, and a negative news catalyst could still trigger a sharp downside flush. Geopolitical risk, particularly the Iran conflict, remains elevated, while the macro environment continues to show significant compression and imbalance. ES Futures Technical Look There are two zones where I expect bullish reactions. Flip Level: 7695 First Key Level: 7634 If price finds support and bounces from either of these two levels, I expect the following bullish targets: Bullish Target 1: 7765 Bullish Target 2: 7840 A break below the Flip Level could initiate a move toward the First Key Level below. This analysis is for educational purposes only and reflects my personal opinion. It is not financial advice.