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6/11 Trade Plan

6/11/20262 min read

⚡ Trade Plan

Ticker: /ES
Bias: Neutral → Bullish Above 7300
Market Condition: Relief Rally / Higher Low Test

🛡️ Trade Less. Demand Confirmation. Protect Accounts.

🧭 Context

ES found strong support at the 50DMA and printed a clean double bottom before reclaiming 7300. The market is now attempting to establish a higher low and work back toward the CPI high and overhead resistance.

Today's focus is simple: buyers need to defend 7300. If they do, the path higher becomes clearer. If they lose it, expect a retest of the 50DMA.

📊 Key Levels

🟥 Resistance

7367 (CPI High) ⭐
7400 ⭐
7475 (20DMA)

🟩 Support

7300 ⭐
7252 (50DMA)
7232 ONL

⭐ Prime Setup — 7300 Higher-Low Long

Trigger: Pullback holds and reclaims 7300

Target: 7367 → 7400

Invalidation: Acceptance below 7300

🟢 A-Tier Setup — 7367 Reclaim Long

Trigger: Acceptance above CPI high at 7367

Target: 7400 → 7475 (20DMA)

Invalidation: Failed reclaim back below 7367

🟡 B-Tier Setup — 7400 Rejection Fade

Trigger: Push into 7400 with exhaustion, absorption, or failed acceptance

Target: 7367 → 7300

Invalidation: Acceptance above 7400

🔴 Avoid

Chasing longs directly into 7367 or 7400
Shorting into 7300 support
Trading the middle of the range without confirmation
Forcing trades between key levels

🧩 RAIN Confirmation

🟣 VWAP supportive above 7300
🟣 Delta confirms continuation through levels (not fade absorption at lows)
🟣 Acceptance above 7300 after test
🟣 Break-and-retest holds at 7300 = A+ trigger
🟣 First-touch into 7367 = no chase zone
🟣 Acceptance above 7367 increases probability into 7400

SPY 5MIN

Strong hold at the 722 demand. Reclaim at the 727 as well. Look for highs lows at 727 today. Rejections very possible at the 733 supply. Above the 733

supply we should trade to the 738. If we fail below the 727, we trade back to the 722.

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