Discover more from Smashelito's ES/SPX Newsletter

Daily and Weekly trading plans for E-mini S&P 500 Futures (ES) that include accurate levels and market context. The plans are presented in a clear and concise format with visually appealing charts using my concepts of Smashlevels and Smashmodel Extremes.

Over 6,000 subscribers

ES Daily Recap | May 19, 2023

Double distribution to the downside to end the week. Note the poor high in RTH and the ON high, which failed to get tested in RTH.

Smashelito

May 19, 2023

Sellers primary objective is to end the daily OTFU, which currently remains intact. Have a great weekend!

Download full-size image here

Previous Plan

ES Daily Plan | May 19, 2023

Smashelito

May 18

Read full story

Disclaimer: Futures and options trading involves a high level of risk, with the potential for substantial losses. The information provided in this newsletter is for informational purposes only and is not intended to be a trade recommendation. It is the responsibility of the reader to make their own investment decisions and they should seek the advice of a qualified securities professional before making any investments. The owners/authors of this newsletter are not certified as registered financial professionals or investment advisers.