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5/27 Trade Plan

5/22/20262 min read

⚡ Trade Plan

Ticker: /ES
Bias: Bullish above 7555 / Neutral below 7555
Market Condition: Trend / Overnight ATH Expansion

🛡️ Trade Less. Demand Confirmation. Protect Accounts.

🧭 Context

ES made fresh all-time highs overnight at 7570.75 after continuing the breakout trend from yesterday. Price is now pulling back from extension into prior breakout structure around 7555, which becomes the key intraday hold for continuation. Holding above 7555 keeps buyers in control and favors another push toward overnight highs. Failure below 7555 opens rotational downside toward 7515 and potentially the 7517–7483 gap fill zone

📊 Key Levels

🟩 Support / Pullback Zones

7555.12 (primary breakout retest)
7515.81 (overnight low)
7517–7483 (gap / major retest zone)
7483.75 (prior breakout level)

🟥 Resistance / Liquidity Above

7570.45
7570.75 (ATH)
7600 psychological
7613 projected extension

⭐ Prime Setup

Trigger: Pullback into 7555 holds with VWAP reclaim and responsive buyers
Target 1: 7570.45
Target 2: 7570.75 ATH
Runner: 7600

Stop: 30m acceptance below 7548

Invalidation: Failure to reclaim breakout structure

🟢 A-Tier Setup

Trigger: Acceptance above 7570.75 ATH
Target 1: 7600
Target 2: 7613

Stop: Loss of 7560 after breakout

Invalidation: Failed breakout back below ATH

🟡 B-Tier Setup

Option A — Deep Retest Long
Trigger: Flush into 7517–7483 gap zone with responsive buyers
Target 1: 7515
Target 2: 7555

Stop: 30m acceptance below 7475

Option B — Exhaustion Fade Short
Trigger: Sharp rejection from 7570–7600 extension
Target 1: 7555
Target 2: 7515

Stop: Acceptance above 7600

🔴 Avoid

Chasing ATH breakouts without acceptance
Shorting strong trend continuation above 7555
Trading inside mid-range chop between 7535–7555
Emotional entries after opening volatility

🧩 RAIN Confirmation

☑️ VWAP aligned
☑️ Delta confirms continuation
☑️ Acceptance above reclaimed levels
☑️ Break-and-retest structure holds
☑️ No first-touch chasing into ATH liquidity

SPY (30 MIN)

752 remains the key resistance level after overnight rejection from 754 highs. We are currently pulling back into the 749–748.30 support zone, which is the main higher low area I want to see hold for continuation. If buyers defend that zone, upside rotation back toward 752–754 remains in play. Failing 748 likely opens the gap-fill move back toward 743.50 demand.

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