#ES_F Day Trading Prep Week 2.23 - 2.28.25E-mini S&P 500 FuturesCME_MINI:ES1!HollowMnLast Week : Globex opened inside the Mean of HTF Ranges Value where we found balance to start the week, we had supply over 6144 so any pushes over which were made during afterhours kept coming back into the Mean but failing to continue tag VAL which kept the market stable and balancing over until we had RTH Volume make a push over 44 which held and brought in more buying to test previous ATH areas at 6160s but market needed to hold over 60s after such a move to bring in anymore strength, instead we came back in, trapped more volume over 44s towards the end of the week once we flushed into VAL, holding under 44 into the end of the week forced all the trapped volume over to sell out which started taking stops giving the move lower we were looking for that kept triggering continuation with every lower area it hit to finish the week right at lower VAH inside the RTH Cost Basis that was build on top of the gap down that failed to continue during beginning of the Month. This Week : A bit tricky week to start here or should I say finish this Month off as we are heading into last week of February we have few things to look at here. Yes we had strong selling, trapped a lot of buy volume this month over 6050s which is not getting the upside and time to pay or close has come, we finished last week with a strong sell back into 6054 - 5933 HTF Range which tells us that as long as we stay under the upper Edge could bring in more weakness and we should see continuation inside and towards lower targets BUT question this week is will it come during the beginning of the week or will February RTH Cost Basis make us wait until later in the week, of course that is IF more weakness comes at all right ? For now what we know is we have close Friday inside 6064 - 6023 Intraday Range, we have a cost basis here under 6034 which could possibly prove to be good enough to give us some sort of a hold/balance at/over it to start the week, if this will be the case then we need to watch out for slower action again and some back and forth in this 6020 - 40s area, with any pushes towards 43 - 54 - 58 areas to be possibly met with weakness so need to watch out for price not sticking around there too long or not continuing over and instead returning back towards VAH into that cost basis. How long this area would hold is for us to find out but we don't have much market moving data to start the week, unless whatever news from Friday or this weekend will be enough to give us bigger moves to start the week. IF we do hold over to start the week I would still watch out for thinking bigger bounces from here back over upper Edge as we could find more sell volume come in Tuesday or Wednesday as long as we hold under 6050s that can bring in more selling closer to Month End as that will force more size to close out above positions. If we do have strong volume and can open under VAL or get under 6023 - 18 area and hold under then that would change things and could bring in more selling sooner. Either scenario if we get under this cost basis we would be looking for continuation towards lower Globex Cost basis into VAL and that area may fold with volume and can give us pushes out of Value again for the lower Edge which would be the spot to watch again for any more weakness. And of course for any strength to the upside from here we would need to climb back into the Edge and start holding over 6054 area AND see strong push over 70s that can hold over, until then really need to be careful with looking for more upside from 40 - 50s as selling could come and push us lower. If we do start holding inside/around the Edge then will need to be careful looking for too much downside from here as we need to keep holding under 50s to really bring in that weakness and cause more selling.