Thursday 11 June 2026 · /ES

6/11 Trade Plan

Bias · Neutral → Bullish Above 7300 Relief Rally / Higher Low Test

Key levels

7475Resistance · (20DMA)
7400Resistance · ⭐
7367Resistance · (CPI High) ⭐
7300Support · ⭐
7252Support · (50DMA)
7232Support · ONL

Context

ES found strong support at the 50DMA and printed a clean double bottom before reclaiming 7300. The market is now attempting to establish a higher low and work back toward the CPI high and overhead resistance. Today's focus is simple: buyers need to defend 7300. If they do, the path higher becomes clearer. If they lose it, expect a retest of the 50DMA.

★ Prime Setup

7300 Higher-Low Long

Trigger
Pullback holds and reclaims 7300
Target
7367 → 7400
Invalidation
Acceptance below 7300

A-Tier Setup

7367 Reclaim Long

Trigger
Acceptance above CPI high at 7367
Target
7400 → 7475 (20DMA)
Invalidation
Failed reclaim back below 7367

B-Tier Setup

7400 Rejection Fade

Trigger
Push into 7400 with exhaustion, absorption, or failed acceptance
Target
7367 → 7300
Invalidation
Acceptance above 7400

Avoid

  • Chasing longs directly into 7367 or 7400
  • Shorting into 7300 support
  • Trading the middle of the range without confirmation
  • Forcing trades between key levels

Confirmation

  • VWAP supportive above 7300
  • Delta confirms continuation through levels (not fade absorption at lows)
  • Acceptance above 7300 after test
  • Break-and-retest holds at 7300 = A+ trigger
  • First-touch into 7367 = no chase zone
  • Acceptance above 7367 increases probability into 7400
  • SPY 5MIN
  • Strong hold at the 722 demand. Reclaim at the 727 as well. Look for highs lows at 727 today. Rejections very possible at the 733 supply. Above the 733
  • supply we should trade to the 738. If we fail below the 727, we trade back to the 722.

How it played out

The primary setup triggered, then hit its invalidation.

triggered, then invalidated at 7300. 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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