ES Daily Plan | July 24, 2025

[Art Vandelay]

Hi Smah., what exactly do you mean, when you say spike base, is that price at which m period started?

p.s. ...with final dowside target at 6289, you probably meant 6353 as marked on the chart.

Thanks for great plan for today!

[Smashelito]

6353 is the correct final downside target. The spike base is the lowest price of the excess within the M-period—in yesterday’s case, this was the J-period high.

[JD]

W smash

[Soo]

As usual. Your letter is the Jewel. Thanks a lot.

[XelaTrader]

Thank you!

[Frankytrade]

Thanks Smash!

[Patrick]

Thank you!