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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.

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ES Daily Recap | May 5, 2023

Similar to the buyers earlier in the week, the sellers were unable to sustain the move away from value, leading to a short-covering rally...back to value!

Smashelito

May 5, 2023

Time to rest up, have a great weekend!

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ES Daily Plan | May 5, 2023

Smashelito

May 4

Ahead of this week, the market was in a 4-week balance, with Monday's session looking above it, and today's session looking below it.

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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.