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6/8 Trade Plan

6/8/20263 min read

⚡ Trade Plan

Ticker: /ES

Bias: Neutral → Bullish Above 7419 / Reactive Market Conditions
Market Condition: Post-Flush Reaction / Range Expansion

🛡️ Trade Less. Demand Confirmation. Protect Accounts.

🧭 Context

Friday’s selloff shifted ES from trend into a reactive range after a clean flush from ATH supply (~7630) into major demand around 7360.

Overnight low at 7355 held and price bounced into 7436, showing buyers are still active at the lower range, but we remain under key resistance and below the 100DMA at 7493.

7400 = intraday higher-low decision zone
7354 = validated demand (Friday low)
7454–7463 = supply / rejection zone
7500 = upside magnet if reclaimed (20DMA)

👉 Today is a simple rotation decision: hold 7400 and build higher low structure OR fail it and rotate back into demand.

📊 Key Levels

🟩 Support

7419 ⭐
7400 ⭐
7370–7360 ⭐
7354
7320
7300

🟥 Resistance

7425–7450
7454–7463 ⭐
7493 (100DMA) ⭐
7500
7525

⭐ Prime Setup — 7400 Hold & Higher Low Continuation

Trigger: Pullback into 7400–7419 that holds and bases
Target: 7454 → 7463 → 7500
Invalidation: Acceptance below 7370

🟣 VWAP aligned
🟣 Delta confirms continuation
🟣 Acceptance above reclaimed levels
🟣 Break-and-retest structure holds
🟣 No first-touch chasing into 7454–7463 liquidity

🟢 A-Tier Setup — 7419 Acceptance Long

Trigger: Hold + acceptance above 7419 after consolidation
Target: 7450 → 7454–7463 → 7493
Invalidation: Back below 7400

🟡 B-Tier Setup — 7454–7463 Rejection Fade

Trigger: Exhaustion / failed breakout into supply
Target: 7419 → 7400 → 7370
Invalidation: Acceptance above 7463

🔴 Bearish Expansion — 7400 Fails as Higher Low

Trigger: Loss of 7400 with acceptance below
Target: 7370 → 7354 → 7300
Invalidation: Reclaim above 7419

🚫 Avoid

Chasing 7454–7463 without confirmation
Premature dip buys below 7400
Assuming trend continuation without acceptance
Overtrading inside 7419–7450 chop
Ignoring reaction quality (still a rotational market)

🧩 RAIN Confirmation

🟣 7354 remains higher-timeframe demand anchor
🟣 7400 is today’s structural decision point
🟣 7419 is intraday trigger for upside continuation
🟣 7454–7463 = primary supply / fade zone
🟣 7500 = magnet if acceptance breaks range
🟣 Market remains rotational until proven otherwise

SPY 30MIN

The 733/731 zone is major.. holding there keeps this market higher. Losing that level takes us lower towards the 728 demand. Major line in the sand. Some upside supply levels that I am cautious of today... watching the 740.80/741.50 zone first. If we can reclaim that, we should trade into the 743.63 highs. Above that, we should trade towards the 20DMA. Cautious of lower high rejections on pops today, will be more of a monitor type of day.

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