FT400 ES/SPX Futures Trading - Setups/Levels

FT400 ES/SPX Futures Trading - Setups/Levels

Levels & thoughts for 2/15 Wednesday

Chop fest continues

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ft400
Feb 15, 2023
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Traders, I gave 4146 as a bull bear line yesterday night. It worked like a charm and if you took long against that in globex or during night you had 15 point run. This also worked very well post CPI release as a bull bear for going long against generating 30 points. In private telegram we used 4166 as a level to short against after the initial run which generated 50+ points. We also stayed out most of the afternoon chop though we gave short a try for 40 minutes after 2:30 but then gave up which indeed ended up being good short in last two minutes if we kept at it, but you can’t have all vs screen time.

Econ Tomorrow:

8:30 AM Retail sales

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