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Think about this - short term trade - stops are now at 4058 - a long here now with risk under the low for 10pts. You got long at 4050 low tight stop hold for 10pts.

Now go do some selling

I just met someone the other day telling me how he lost 200k trading futures! I asked how long he's been at this, tells me since covid shutdowns. Do i feel bad for him? You think your a master in 2 years or less? Your just a minnow in a sea of sharks.

What sort of trickery is this! We went towards 4200 and now back to 4065? Is there some hidden rhyme or reason for such insight?

Why would we trade back to 3850-3800?

Why asked the iron butterfly?

Why are they taking it back to 4065! Ask yourself these questions. No crystal ball, no magic pixie dust, just pure understanding of why price moves.

They will play with you, make you think you know what you are doing. Create price wiggles and waggles. Throw you a little cheese now and then to keep you coming back for more, keep you thinking okay i almost got it.

Best course of action is to play breakouts to the upside or downside when close to price targets to avoid missing out.

4065 is shorting area

Notice how it moved when this price was pierced?

Long 4002 area

What's sitting at 4049.25?

ES day target 4033

Odds of retracing back to 355 before going higher?

ES - longs around 3880 - shorts 3925 - intraday

Imagine new traders trading the ES-Mini at 8:30a today having no idea WTF just happened to their account? Swim with the minnows before you decide to swim with the sharks.

Now we need ET to do the same. Open source it with the members on ET.

Have a look at the contracts on the Small Exchange. https://smallexchange.com/

SPY targets in play: Longs >= 410 & Shorts <= 355