Tuesday 17 February 2026 · /ES · 30 Min

2/17 Trade Plan

Bias · Bearish below 6,870 Back inside range → Below key MAs → Decision at 6,870

Key levels

6,931–6,935Resistance · 20/50DMA supply
6,900Resistance · Reclaim pivot
6,868Resistance · / 6,863 — First failure zone
6,814Support · / 6,800 — Major hold zone / January low
6,770Support · / 6,750 — Breakdown extension
6,680Support · Lower support pocket
6,618Support · (200DMA) — Major HTF support

Context

We’re back inside Friday’s range (6,808–6,897) after continued weakness from the 7,000 rejection. Price is: Below 100DMA (6,880) Well below 20/50DMA (6,931–6,935) That keeps higher timeframe pressure down. Below us: 6,814 (Jan low) 6,771 (Dec low) 6,618 (200DMA) Today’s pivot is clear: 👉 6,870–6,880 Above it = bounce attempt Below it = trend pressure intact This is a reaction day, not a prediction day.

★ A+ Setup

6,870 Rejection

Zone
6,870–6,880; 6,814
Trigger
Push into 100DMA; Stall / upper wicks; No 30-min acceptance above; Flush + strong reaction; Selling fails to continue; Acceptance below 6,800
Target
6,814 → 6,771 → 6,850 → 6,870 → 6,771 → 6,618 → Momentum increases below 6,800.
Invalidation
30-min close above 6,880; Rallies are suspect until 6,931 is reclaimed.; 🟢 Tactical Bounce — 6,814 Hold; Acceptance below 6,800; Do not press shorts into this level.; 🔴 Breakdown Continuation

Confirmation

  • 1️⃣ 30-min directional close
  • 2️⃣ Delta confirms
  • 3️⃣ VWAP aligned
  • 4️⃣ Trade only at levels
  • No mid-range trades

Mindset

  • 6,870 decides direction.
  • 6,814 decides bounce vs continuation.
  • One clean level. One clean execution.
  • SPY (1HR)
  • Price is testing the 100DMA (679.05) and already pushed through to 677.52. This area is a reaction zone — be cautious pressing fresh shorts directly into it. Clean fade levels: 686, 690, Fails at 20/50DMA (high R/R zone)
  • If we lose 678.50 cleanly, continuation lower opens. Below that: 673.95 , 671 (December low)

Best window

10–11:00 AM

How it played out

The primary setup triggered, then hit its invalidation.

triggered, then invalidated at 6880. Measured from m15 bars, ESM6, confirm entry, close beyond the level invalidation. Not a fill, and not a return: see how this is measured.

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