𝗪𝗘𝗘𝗞𝗟𝗬 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 — 𝗘𝗦𝟭! 𝗦&𝗣 𝟱𝟬𝟬E-mini S&P 500 FuturesCME_MINI:ES1!ShaboS𝗪𝗘𝗘𝗞𝗟𝗬 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦 — 𝗘𝗦𝟭! 𝗦&𝗣 𝟱𝟬𝟬 📅 𝟮𝟰.𝟬𝟴. – 𝟮𝟴.𝟬𝟴.𝟮𝟬𝟮𝟲 The 𝗘𝗦 has been in a 𝗰𝗼𝗿𝗿𝗲𝗰𝘁𝗶𝗼𝗻 𝗽𝗵𝗮𝘀𝗲 since the all-time high on August 13th. At the same time, the overall 𝗼𝗿𝗱𝗲𝗿 𝗳𝗹𝗼𝘄 remains 𝗯𝘂𝗹𝗹𝗶𝘀𝗵. So what does the current chart structure tell us? 𝗛𝟭 𝗖𝗛𝗔𝗥𝗧 𝗦𝗧𝗥𝗨𝗖𝗧𝗨𝗥𝗘 Although the broader correction is taking place within the D1 timeframe, the H1 structure is clearly showing a 𝗯𝗲𝗮𝗿𝗶𝘀𝗵 𝘁𝗿𝗲𝗻𝗱. For me, this is important: 𝗛𝗶𝗴𝗵𝗲𝗿 𝘁𝗶𝗺𝗲𝗳𝗿𝗮𝗺𝗲 → 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗼𝗿𝗱𝗲𝗿 𝗳𝗹𝗼𝘄 𝗛𝟭 → 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗰𝗼𝗿𝗿𝗲𝗰𝘁𝗶𝗼𝗻 Below the current price, we have several interesting 𝗣𝗗 𝗔𝗿𝗿𝗮𝘆𝘀. One of the most interesting areas is a 𝗗𝟭 𝗙𝗩𝗚. And right in the middle of this FVG sits a 𝗗𝟭 𝗕𝗿𝗲𝗮𝗸𝗲𝗿. This creates what I would call a 𝗛𝗶𝗴𝗵-𝗧𝗶𝗺𝗲𝗳𝗿𝗮𝗺𝗲 𝗨𝗻𝗶𝗰𝗼𝗿𝗻. 𝗪𝗛𝗔𝗧 𝗗𝗢 𝗜 𝗘𝗫𝗣𝗘𝗖𝗧? As long as the H1 bearish structure remains intact, I expect the ES to potentially continue lower towards this bullish PD Array. Therefore: 𝗠𝗬 𝗕𝗜𝗔𝗦 𝗙𝗢𝗥 𝗡𝗘𝗫𝗧 𝗪𝗘𝗘𝗞 → 𝗕𝗘𝗔𝗥𝗜𝗦𝗛 But only 𝘂𝗻𝘁𝗶𝗹 𝗽𝗿𝗶𝗰𝗲 𝗿𝗲𝗮𝗰𝗵𝗲𝘀 𝘁𝗵𝗲 𝗯𝘂𝗹𝗹𝗶𝘀𝗵 𝗣𝗗 𝗔𝗿𝗿𝗮𝘆. If price reaches this area and we see a clear reaction and bullish confirmation, the picture could change. At that point, 𝘀𝘁𝗲𝗮𝗱𝗶𝗹𝘆 𝗿𝗶𝘀𝗶𝗻𝗴 𝗽𝗿𝗶𝗰𝗲𝘀 could become the next scenario. So the plan is simple: 𝗕𝗘𝗔𝗥𝗜𝗦𝗛 → 𝗗𝟭 𝗙𝗩𝗚 / 𝗗𝟭 𝗕𝗥𝗘𝗔𝗞𝗘𝗥 → 𝗪𝗔𝗜𝗧 𝗙𝗢𝗥 𝗥𝗘𝗔𝗖𝗧𝗜𝗢𝗡 → 𝗣𝗢𝗧𝗘𝗡𝗧𝗜𝗔𝗟 𝗕𝗨𝗟𝗟𝗜𝗦𝗛 𝗥𝗘𝗩𝗘𝗥𝗦𝗔𝗟 𝗟𝗲𝘁 𝘁𝗵𝗲 𝗽𝗿𝗶𝗰𝗲 𝘁𝗲𝗹𝗹 𝘂𝘀 𝘄𝗵𝗮𝘁 𝗶𝘁 𝘄𝗮𝗻𝘁𝘀 𝘁𝗼 𝗱𝗼. 𝗪𝗲 𝘄𝗶𝗹𝗹 𝘀𝗲𝗲. 👀 ⚠️ 𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥 This content is for 𝗲𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗮𝗻𝗱 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗽𝘂𝗿𝗽𝗼𝘀𝗲𝘀 𝗼𝗻𝗹𝘆 and does not constitute investment advice, financial advice, or a recommendation to buy or sell any financial instrument. Trading involves a 𝗵𝗶𝗴𝗵 𝗹𝗲𝘃𝗲𝗹 𝗼𝗳 𝗿𝗶𝘀𝗸 and you may lose some or all of your invested capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Past performance is not indicative of future results. Always conduct your own research and consider your individual risk tolerance before making any trading decision. #Trading #ES1 #SP500 #SAndP500 #IndexTrading #ICT #SmartMoneyConcepts #PriceAction #WeeklyAnalysis