AlphaTick's ES Market Map

[AlphaTick]

This thread will contain my daily commentary on the US index futures. There will be a pre NYSE open post detailing the outlook and levels for the day ahead. An update around mid day and then a post after close. Hope this will be useful to members

 

[AlphaTick]

Bias: Bullish
Optimal Buy Zone: 935 or below
Optimal Profit Zone: 948 or above
Proven wrong: 928 or below

Expected Range: 933 - 955

Comment: I expect an up day in ES. Keep an eye on outlier reading on the Michigan Sentiment at 9:55 ET. Next update mid day ET.

 

[AlphaTick]

Note: All levels mentioned pertain to front month most active ES contract unless otherwise stated.

 

[AlphaTick]

ESU entered our optimal buy zone (935) for the day but did not go below the stop point (928) as outlined in the morning report. I still maintain the bias (bullish) from the morning report for the rest of the day and expect ESU (currently at 935.75) to see levels above 940 before the close.