★ A+ Setup
Breakout Above Range
- Zone
- Above 7,136
- Trigger
- Break and HOLD above overnight high
- Target
- 7,150 → 7,185
- Invalidation
- Loss of 7,110
👉 This is the cleanest long now; 👉 Needs acceptance, not a wick
Monday 20 April 2026 · /ES · 15M
4/20 Trade Plan
Bias · Bullish → Bearish only below 7,044
Pullback from ATH → range between 7,085–7,136 before next move
Key levels
7,185Resistance · ATH
7,150Resistance · reclaim level
7,136Resistance · overnight high
7,085Support · overnight low / range support
7,077Support · prior ATH / major hold
7,044Support · breakdown trigger
Context
Friday pushed to 7,185.75 (ATH), then we sold off overnight to 7,085 and bounced to 7,136, now sitting around 7,120. That tells us: We are no longer trending cleanly We are now rotating inside a range (7,085–7,136) Still above prior ATH (~7,077) → structure intact So the real shift: This is now a decision range, not a straight trend day 7,136 = breakout trigger 7,085 = range low 7,077 = major support (line in sand)
B+ Setup
Range Low Hold
- Zone
- 7,085
- Trigger
- Pullback into support; Clean hold
- Target
- 7,136
- Invalidation
- Acceptance below 7,060
👉 Still valid, but now a range trade; 👉 Not trend continuation
A+ Setup
Prior ATH Retest Long
- Zone
- 7,077
- Trigger
- Flush into prior ATH; Strong reaction
- Target
- 7,120 → 7,150
- Invalidation
- Acceptance below 7,050
👉 Best “buy the dip” level; 👉 This is where structure proves itself
A+ Setup
Breakdown Below 7,044
- Zone
- Below 7,044
- Trigger
- Loss of structure; Failed reclaim
- Target
- 7,000 → 6,950
- Invalidation
- Reclaim above 7,080
👉 Only place bias flips; 👉 Real downside starts here
Confirmation
- 1️⃣ 15m acceptance at 7,136 or 7,085
- 2️⃣ Reaction at extremes only
- 3️⃣ VWAP aligned
- 4️⃣ No chasing
- No trading inside 7,100–7,125
- No assuming trend continuation
- No early entries
Mindset
- This is now a range → not a trend
- Stop thinking “it must go higher”
- Best trades = edges of range only
- One clean trade → you’re done
- SPY (15MIN)
- The 705 level is the clear line in the sand today. If we remain above, we trade towards 709. Over 709, we likely see the full gap fill & possibly a new ATH. If we fail below 705, we trade back into the Thur highs at 701/702. The 698/699 demand is going to be the biggest level to monitor.
Best window
10–11:30AM
How it played out
The setup triggered, but neither the target nor the invalidation was reached by the close.
triggered, but neither level was reached by the close. Measured from m15 bars, ESM6, confirm entry, touch-based invalidation. Not a fill, and not a return: see how this is measured.
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