Unlock exclusive discounts on trading tools!

6/9 Trade Plan

6/9/20263 min read

⚡ Trade Plan

Ticker: /ES
Bias: Neutral → Bullish above 7476 / Bearish below 7360
Market Condition: Range Rotation → Edge at Extremes

🛡️ Trade Less. Demand Confirmation. Protect Accounts.

🧭 Context

ES is rotating inside a defined higher-timeframe range after last week’s liquidation flush. Buyers defended the lower boundary aggressively near 7360s, while sellers continue to defend the 7470–7476 zone. This is an auction between two clean edges:

Lower acceptance = rotation back into range value
Upper acceptance = breakout into trend extension

Until one side accepts control, the middle is noise.

NQ continues to be a primary driver for ES direction today.

📊 Key Levels

🟩 Support (Major Zone)

7388–7360 ⭐ (primary demand zone)
- 7388 = first response area
- 7360 = line in the sand

🟥 Resistance (Major Zone)

7470–7476 ⭐ (true breakout / rejection zone)
7493 (100DMA extension target)

🟢 7360 Flush → Reclaim Long (Highest Quality)

Trigger: Sweep/flush into 7388–7360 with clear rejection + reclaim above 7388
Target: 7419 → 7454 → 7470
Invalidation: Acceptance below 7360

🔴 7476 Rejection Short (High Quality)

Trigger: Failure / exhaustion at 7470–7476 with breakdown structure
Target: 7454 → 7419 → 7388
Invalidation: Acceptance above 7476

🟢 7476 Break & Hold Long (Trend Expansion)

Trigger: Acceptance above 7476 after retest or consolidation
Target: 7493 (100DMA) → extension beyond
Invalidation: Back below 7454

🟢B+ — 7419 Holds → Long

Trigger: Price tags 7419 and holds (buyers step in, reclaim above level)
Entry signal: Clear shift in momentum / delta turns positive / higher low forms
Target: 7454 → possible rotation higher
Invalidation: Clean acceptance back below 7419

👉 Meaning: buyers defended it, market rotates up

🔴B+ — 7419 Fails → Short

Trigger: Price breaks through 7419 and fails to reclaim it
Entry signal: Retest rejection or continued downside pressure
Target: 7388 zone
Invalidation: Reclaim back above 7419

👉 Meaning: level lost, market rotates lower

🔴 Avoid

Chasing breakouts directly into 7475–7493 resistance
Shorting directly into 7419 or 7388 support
Overtrading inside 7419–7454 mid-range chop

🧩 RAIN Confirmation

🟣 VWAP aligned above 7419
🟣 Delta confirms continuation through 7454
🟣 Acceptance above reclaimed 7454–7463 resistance
🟣 Break-and-retest structure holds at 7419
🟣 No first-touch chasing into 7475–7493 liquidity zone

SPY 30MIN

SPY is attempting to recover from Friday’s selloff after holding the 736–737 demand zone, but price is now pushing into a key resistance cluster between 741.20–745.34 where sellers previously became active.

For today, the key is whether SPY can accept above 742.80/743.20. If buyers hold that reclaim, we likely rotate toward 745.34 and potentially 746.37. If rejection comes in here, expect rotation back toward 741.20 or even the 737 demand zone again.

🟣 737 remains the line in the sand
🟣 741.20–742.80 is the immediate battle zone
🟣 Above 743.20 improves continuation odds significantly
🟣 Failed reclaim likely keeps SPY rotational/choppy today

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