Trade Idea for ES - 9-15-23

2023年9月15日

Initial Observations:

12B Price: 4550.75
Daily Balance (DB) Level: 4540.75
Weekly Balance (WB) Level: 4507

Trade Scenarios:

a. Buying Opportunity on Pullback:

I'm particularly keen on potential pullbacks towards the 12B level (4550.75) and the Daily Balance level (4540.75). Should we witness these pullbacks:

• This would present an attractive buying opportunity, as I anticipate the market to bounce off these levels.
  
• The primary bullish target post-pullback lies within the 12B Upper Dyno, ranging from 4572.75 to 4578.00.
  
• If buyers dominate, the Daily Balance's Upper Dyno, situated between 4577.25 and 4586.75, becomes the next upward magnet.
  
  b. Selling Opportunity:
  
  If the RTH open or consistent offers hover below 4550.75 without signs of a bullish reclaim:
  
  
• The primary bearish objective would be the 12B Lower Dyno, which ranges from 4523.50 to 4528.75.
  
• A continued bearish drive will target the Lower Dyno of the Daily Balance, spanning from 4494.75 to 4504.25.
  
  
  c. Dyno Reclaim Scenarios:While traversing within the Dyno zones:
  
  A temporary dip into a Lower Dyno followed by a bullish reclaim indicates potential long trades, targeting the closest balance or level.
  Conversely, a swift rise into an Upper Dyno countered by sellers suggests short opportunities, with goals set for the subsequent balance or level.

2023年9月15日

ノート

Today was the day that the 12B dyno was taken -- as it did not bounce back towards the Balance, updated it in discord when we were there....will try to update it here live for Mondays trades