Slow day as we chew through supply in #ES_F at the ~5980 major bull flag resistance. It was my target yesterday & today, and we've been charging up below all day, preparing for a move. As warned, just hold those runners/don't overtrade 5998, 6009+ when ready. No sell until <5963

After biggest green week of 2024 on election week, #ES_F spent the last two weeks building a bull flag 5980 -5885 Plan Next Week: Fill out, then breakout. 5972, 5945=supports. As long as those hold, we push 6025, dip, then breakout 6095, 6175. If 5945 fails, sell back to 5885

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Closing update #ES_F: No shock where we are at the close. Right at 5980 major bull flag resistance, which was my target for today given at 8AM. Chewing through supply. 5998, 6009+ next up. Newsletter out soon talking supports for any dips from here tradecompanion.substack.com

Patience paid: All day Friday (here & in newsletter) I posted #ES_F had built a 2 week bull flag with 5980 res, and breakout incoming. We got it & ran to 6009+ target Plan today: Let runners work. 6009 (weak), 6002=supports. Keeps 6027-32, react, 6046+ live. 6002 fails, fill gap

On Friday, I posted 7x that #ES_F was a building a 2 bull flag at 5980 priming to breakout and it got right to work last night with a gap up. 6026 was magnet for this as per newsletter. *Lock in gains*, let runner go 6046-50 if ES wants more. 6017, 6002=support (gap fill below)

That is what a 2 week bull flag breakout looks like in #ES_F and 60 point straight shot from ~5980. 6026 was target where I warned to lock in gains and let runners work, and we spiked to ~6040. No change. 6017 (weaker now, heavily tested), 6002=supports. 6002 fails, we gap fill

After a 60 point squeeze following a "gap and go" bull flag breakout at 5980 in #ES_F (which we waited on all day Friday) we hit 6026 target/profit take, ran to ~6040, now getting 1st coo-off No change. 6002 must hold, or we fill gap to 5993-88. 6017 reclaim to retest 6026

After waiting all day Friday, we got the 2 week bull flag breakout in #ES_F rallying 60 points to 6026+ target. Now, getting the 1st dip. Healthy & lower the better for bulls. 6002 support as posted, here now. Must hold (6017, 6026 above). Gap fill to 5993-88. 5972 below there

This week started off with a "gap and go" breakout in #ES_F last night of a 2 week bull flag. We rallied to 6026 target where I warned to lock in gains & we dipped. 6002 fail would trigger gap fill as posted & underway now. 5988-93=support. 6002 must reclaim to rally. 5973 below

Bulls held where they had to in #ES_F so far. All day Friday, resistance was ~5988. We put in a gap and go breakout of the lvl last night, squeezed 60 points, back-tested just now to fill the gap. Decision time 6009, 6017 next up. 5988-92 is weaker now. Sell to 5972 if it fails

Good push in #ES_F off the 5988-93 backtest. This is very textbook price action. We based all day Friday 5988-93, setting up longs for 6026+ target today. Today, we then backtested 5988 & pushed 15 points so far No change: 6009, 6017+ next up. If 5988-92 fails, we sell to 5982

Closing update #ES_F: Today was all about 5988-93. We broke it out Friday, back-tested today, ran to 6002 1st target. Bulls remain in control but we likely need to build more structure before ATHs. 6009, 6017+ next. Newsletter out soon talking triggers tradecompanion.substack.com

Lots of drama last eve in #ES_F to end up going nowhere as we continue Holiday Trading week. 5988-93=key this week for bulls, and now held 2x with 1 Failed Breakdown last night. Chop now as we setup next trend leg. 6009 (weak), 5988-93 must hold to keep 6026, 6038, breakout live

6026 1st target hit #ES_F. As I said 1 week ago 140+ points lower at the 5885 magnet, we are yet again consolidating here to setup a trend move (but this time, 5988-93 is the new magnet). Lock in here, let runners go. 6038, 6046, 6060+ when ready. 6009 (weak), 5988=supports

As written in last nights newsletter/8am today, 6027 was todays 1st target. We hit to the tick, as #ES_F builds structure for the next trend move. 6027 to 5988=the new range. 5988 has been tested 2x including one Failed Breakdown during last evenings "tape bomb" Must keep hold

Organized basing underway as #ES_F sets up its next trend leg. As per last nights newsletter/this mornings tweet, 6027 to 5988 (magnet) is the new consolidation range. We hit 6027 high of day exact. Just let runners go 6038, 6046, 6060+ when ready. 6009 (weak), 5992-88=supports

Holiday trading starting early as we are coiled tight. As warned all day, hold runners - a trend move will come. 6027 was range resistance as warned all day, and #ES_F *certainly* agrees, glued here all day. 6027-5988=the new consolidation zone. 6038, 6046, 6060+ when ready.

Grinding continues and as warned since 8am, nothing to do but hold runners. Don't force trades. Two #ES_F targets were given this morning at 8am for today: 6027 (hit), then 6038 (en route) More basing likely needed there, then 6046, 6060+ next. 6009, 5993=supports if vol expands

CLosing update #ES_F: Two targets were given at 8am for today: 6027, then 6038, and we are arriving at 6038 into the close. For those with full positions still, lock in, let a runner work. 6046, then 6060+ next up. Newsletter out soon talking new setups tradecompanion.substack.com