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4/29 Trade Plan

4/29/20262 min read

Ticker: /ES
Timeframe: 30m
Bias: Neutral → Bullish above 7,159 / Bearish below 7,044
Theme: Post-run chop → failed overnight flush → holding support

🛡️ Trade Less. Demand Confirmation. Protect Accounts.

🧭 Context

ES is stuck inside Friday’s range, rotating between 7,145 support and 7,185 resistance. Yesterday confirmed 7,147 demand as buyers stepped in.

With later-day catalysts, expect:

Chop early
Fake moves at the highs
Real move later (or not at all)

Key idea:

7,185 = sell/confirm
7,147–7,145 = buy/lose
Middle = noise

📊 Key Levels

🟩 Support
7,147–7,145 — primary demand
7,120 — next support

🟥 Resistance
7,185 — range high
7,200 — extension

🔴 A+ Setup — Rejection at Range High (Primary)

Zone: 7,185

Trigger
Push into highs
Clear rejection / stall

Targets
7,160
7,147

Stop Acceptance above 7,200

Notes:
👉 This is the cleanest trade early
👉 Range high behavior until proven otherwise

🟢 A Setup — Break & Hold Above 7,185

Zone: Above 7,185

Trigger
Break and HOLD above
No immediate rejection

Targets
7,200

Stop Loss of 7,165

Notes:
👉 Only if it proves
👉 Otherwise it’s a trap

🟢 A Setup — Pullback Long at 7,147

Zone: 7,147–7,145

Trigger
Pullback into demand
Buyers step in

Targets
7,170
7,185

Stop Acceptance below 7,130

Notes:
👉 Proven level from yesterday
👉 Clean range trade

🔴 A Setup — Breakdown Below 7,145

Zone: Below 7,145

Trigger
Loss of support
Failed reclaim

Targets
7,120

Stop Reclaim above 7,165

Notes:
👉 Clean move if it goes
👉 Range break to downside

🧩 RAIN Confirmation

1️⃣ 15m acceptance at 7,145 or 7,185
2️⃣ Reaction at extremes only
3️⃣ VWAP aligned
4️⃣ No trading middle

⏳ Best window: 10–11:30AM

🚫 No trading inside 7,155–7,175
🚫 No chasing fake breakouts
🚫 No early entries before levels

🧠 Mindset Notes

This is a range → not a trend day
Best trades = edges only
Expect fake moves before real ones
One clean trade → done

SPY (30MIN)

The clear channel highs at 712.39 will be major to end the week. Do we hold above, do we reject them? Demand at 709 was great, Friday LOD held strong. Under 709, you get the clean downside towards 706. If we maintain above 712.39 today, you could see the run towards 715.

Want to see how I spot setups like this? Check out the template and follow along daily for my trade plans.