11 Comments
User's avatar
Nathan's avatar

Thanks Smash. Good cautionary analysis and explanation, much appreciated.

Frankytrade's avatar

Thanks Smash! Looks like a week to take a step back.

Smashelito's avatar

Yeah, I was planning to be less active this week anyway, so today’s action definitely helped confirm that decision.

Frank's avatar

Great plan and analysis of market structure risk reward targeting levels

Greatly appreciate your sharing of this professional information it is helping me get better and more objective in evaluating the market

Hoa's avatar

Hi Smash, if you switched to ESU2026, the daily OTFU should be end at 7598 instead of 7366, right?

Smashelito's avatar

Yes, that is correct! Typo!

Vicente's avatar

hi Smash, sorry if this is a newbie question, but you have mentioned that 7540 is the previous ATH in ESU26 but if I compare with the previous ATH I get 7693.75, still in ESU26, which was tagged on 06/02/26. What I'm doing wrong? Thanks!

Smashelito's avatar

I'm referring to the previous ATH from May 14th. Keep in mind that I use a continuous contract that is not back-adjusted.

Vicente's avatar

I see thanks

Gamma's avatar

A high on 5/14 in ESM?

Frank's avatar

Thank you