2-Week Balance: 7361-7537Weekly Pivot: 7479-7489ES Expected Move: 114ptsGamma Flip: SPX 7311 / ES 7331 (as of Friday) Futures open normally on Sunday and will close early Monday morning. Stocks are closed until Tuesday. Markets head into the week with one dominant feature: a clean two-week balance. That is the big […]
ES Weekend
May 17, 2026
ES Weekend May 17
Weekly Pivot: 7392-7402ES Expected Move: 134pts Markets come into the week at an important short-term decision point. The larger picture remains constructive, with intermediate and higher timeframes still bullish, but Friday’s weakness was enough to bring the daily timeframe back to balance and force a more two-sided setup into the […]
May 10, 2026
ES Weekend May 10
WK Pivot: 7340-52Upside Pivot: 7428-32Intraday Pivot: 7383.89Expected Move: 111ptsBull Gap: 7300-7327.25 Markets continue to operate from a position of broad structural strength, and I want to reiterate that before getting lost in the week-to-week noise. ES remains in price discovery after a multi-month balance break to the upside, and until […]
May 3, 2026
ES Weekend May 3
Markets come into the week with ES still firmly in bullish structure, but now with at least one early sign that this directional leg may be nearing a decision point. Buyers were clearly in control again last week. Sellers had multiple opportunities to gain traction and failed badly. Even when […]
April 26, 2026
ES Weekend April 26
Markets come into the week with buyers still firmly in control, and that deserves respect. ES broke its multi-day balance to the upside and closed just above the top of that range, which keeps the short time frame trend pointed higher until proven otherwise. At the same time, I do […]
April 12, 2026
ES Weekend April 12
With the weekend failure of a “deal” some of this plan may be mute at first but will carry on as is. What matters most is where RTH opens and what RTH does. Apply Exhaustion Gap rules at the start if Sunday’s open starts with a large gap down. Markets […]
April 4, 2026
ES Weekend April 5
Markets come into the week in a much more delicate position than the headline close might suggest. Yes, ES held an important yearly level and rallied sharply from the lows, but I do not think this is the kind of move that should automatically be trusted as the start of […]
March 29, 2026
ES Weekend March 29
Markets have now entered a more fragile phase, and I do not think that should be minimized. ES has broken down through the bottom of the multi-month balance, and that is a meaningful technical development that deserves respect until proven otherwise. While the selloff may feel stretched and a relief […]
March 15, 2026
ES Weekend March 15
We have contract roll this week, with ES and NQ moving from the March contracts into June. TradingView will switch the front contracts Monday night ahead of Tuesday’s session. Generally speaking, the levels themselves should continue to work reasonably well on the new contract, but of course their meaning changes […]
March 8, 2026
ES Weekend March 8
Markets are entering the week in a precarious spot. ES has now lost an important yearly level (6804-12) and is sitting at a meaningful inflection point, while volatility remains elevated and credit continues to wave a caution flag in the background. That does not automatically mean some kind of crash […]