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8/12 Trade Plan

8/12/20262 min read

🚨 NEW INDICATOR ALERT

👉 Learn more about High-Probability Reaction Levels

⚡ Trade Plan

Ticker: /ES (September Contract)

Bias: Neutral Inside Range → Bullish Above 7800

Market Condition: Tight Consolidation

🛡️ Trade Less. Demand Confirmation. Protect Accounts.

🧭 Context

ES continues to trade inside a tight 7739.50–7800 range. Yesterday was another clean level-to-level session, with 7800 fading into 7740 demand.

The key today is simple: let CPI force the market to choose a direction.

7739.50 is the critical level. It was the previous ATH and became yesterday's exact LOD. Below 7718, the structure changes significantly and downside could accelerate toward 7650.

📊 Key Levels

🟥 Resistance

7800 ⭐ Range High / Breakout Level
7820 ⭐ Upside Target

🟩 Support

7739.50 ⭐ Previous ATH / Key Demand
7718 ⭐ Major Demand / Structural Line in the Sand
7650 ⭐ Deeper Demand

⭐ Highest Probability — 7800 Break & Hold Long

Trigger: Acceptance above 7800 followed by a successful retest.

Target: 7820

Invalidation: Failed reclaim back below 7800.

🟢 Second Opportunity — 7739.50–7718 Pullback Long

Trigger: Pullback into 7739.50–7718 followed by responsive buying and confirmation.

Target: 7800

Invalidation: Acceptance below 7718.

🟡 Only If — 7718 Failure Short

Trigger: Clean break below 7718 and failed retest as resistance.

Target: 7650

Invalidation: Reclaim above 7718.

🔴 Avoid

Trading the middle of 7739.50–7800.
Forcing trades inside the range.
Chasing the first CPI move without acceptance.
Shorting while 7739.50–7718 continues to hold.
Trying to predict the CPI reaction instead of waiting for confirmation.

🎯 Focus

Above 7800 → look for 7820.
7739.50–7718 → look for responsive buying.
Below 7718 → downside opens toward 7650.
Inside 7739.50–7800 → stay patient.

Today's Reminder: CPI should give ES a chance to finally break this range. Don't predict the move—let price prove it. Level to level, then let the market expand.

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