E-mini S&P 500 Futures (Jun 2024)
Long
Updated

20240614 ES

67
There is the first +MSS after ss raid and reaction to the HTF PDA level (d bisi CE). => anticipate downside correction and displacement to the upside. Those close proximity highs are very attractive for the upside move and bs raid.
The HI news at 10am is the only thing that can make some unexpected change in this narrative with bullish BIAS.
It is possible to see the continuation of the upside move on the 10am HI news announcement. But some volatility influx is anticipated on this 10 HI new event.
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10.05 1m TF
There is nice downside reation to the 10am HI news. I would like to see signs of the end for this down move I consider to be corrective. AMS SB is for framing long setup.
THe "Sick sister" approach is there for ES to make more highs later.
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10.31 1m TF
There is a possible frame for the long. DOL is the new HOD first.
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11.52 1m TF
It will be ideal to see sideways during LHS and one more move to the upside during PMS. As of now this retracement I anticipate to be secondary retracement before another leg to the upside during PMS.
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2.53pm 15m
I anticipate final hour spooling to the upside. New high of the week is my DOL.
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