Friday 22 May 2026 · /ES

5/22 Trade Plan

Bias · Bullish above 7555 / Neutral below 7555 Trend / Overnight ATH Expansion

Key levels

7613Resistance · projected extension
7600Resistance · psychological
7570.75Resistance · (ATH)
7570.45Resistance
7555.12Support · (primary breakout retest)
7517–7483Support · (gap / major retest zone)
7515.81Support · (overnight low)
7483.75Support · (prior breakout level)

Context

ES made fresh all-time highs overnight at 7570.75 after continuing the breakout trend from yesterday. Price is now pulling back from extension into prior breakout structure around 7555, which becomes the key intraday hold for continuation. Holding above 7555 keeps buyers in control and favors another push toward overnight highs. Failure below 7555 opens rotational downside toward 7515 and potentially the 7517–7483 gap fill zone

★ Prime Setup

Trigger
Pullback into 7555 holds with VWAP reclaim and responsive buyers
Target
7570.45 → 7570.75 ATH → 7600
Invalidation
30m acceptance below 7548; Failure to reclaim breakout structure

A-Tier Setup

Trigger
Acceptance above 7570.75 ATH
Target
7600 → 7613
Invalidation
Loss of 7560 after breakout; Failed breakout back below ATH

B-Tier Setup

Deep Retest Long

Trigger
Flush into 7517–7483 gap zone with responsive buyers
Target
7515 → 7555
Invalidation
30m acceptance below 7475

B-Tier Setup

Exhaustion Fade Short

Trigger
Sharp rejection from 7570–7600 extension
Target
7555 → 7515
Invalidation
Acceptance above 7600

Avoid

  • Chasing ATH breakouts without acceptance
  • Shorting strong trend continuation above 7555
  • Trading inside mid-range chop between 7535–7555
  • Emotional entries after opening volatility

Confirmation

  • VWAP aligned
  • Delta confirms continuation
  • Acceptance above reclaimed levels
  • Break-and-retest structure holds
  • No first-touch chasing into ATH liquidity
  • SPY (30 MIN)
  • 752 remains the key resistance level after overnight rejection from 754 highs. We are currently pulling back into the 749–748.30 support zone, which is the main higher low area I want to see hold for continuation. If buyers defend that zone, upside rotation back toward 752–754 remains in play. Failing 748 likely opens the gap-fill move back toward 743.50 demand.

How it played out

The primary setup never confirmed, so there was no trade.

reached 7555 but never confirmed. 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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