Monday 6 July 2026 · /ES (September Contract)

7/6 Trade Plan

Bias · Neutral → Bullish Above 7596 Consolidation Above Moving Averages

Key levels

7648Resistance · ATH
7585–7596Resistance · ⭐ Major Supply
7574Resistance · Overnight High
7543Support · (50 DMA)
7521Support · (20 DMA)
7491–7512Support · ⭐ Primary Demand

Context

After the holiday weekend, ES opens back inside the same consolidation range. Price continues holding above both the 20 DMA (7521) and 50 DMA (7543), keeping the intermediate trend constructive. The market is compressing between 7491–7512 support and the 7585–7596 supply zone, with today's focus on whether buyers can finally break overhead resistance or continue rotating within the range.

★ Prime Setup

7491–7512 Hold Long

Trigger
Pullback into demand followed by responsive buying and reclaim.
Target
7574 → 7596
Invalidation
Acceptance below 7491.

A+ Setup

7596 Breakout Long

Trigger
Acceptance above the 7585–7596 supply followed by a successful retest.
Target
7648 (ATH)
Invalidation
Failed reclaim back below 7585.; Why it matters: This clears the multi-session resistance zone and signals buyers are ready to resume the larger uptrend.

B-Tier Setup

7585–7596 Rejection Fade

Trigger
Price pushes into supply and fails to gain acceptance.
Target
7543 → 7521
Invalidation
Acceptance above 7596.

Avoid

  • Chasing longs directly into 7585–7596 resistance.
  • Shorting first touch into 7491–7512 support.
  • Trading the middle of the range without confirmation.
  • Assuming a breakout before buyers establish acceptance above resistance.

Confirmation

  • VWAP aligned with trade direction
  • Delta confirms participation through key levels
  • Acceptance above reclaimed levels
  • Break-and-retest structure holds
  • No first-touch chasing into 7585–7596 liquidity

How it played out

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

price never reached 7491. Measured from m15 bars, ESU6, confirm entry, close beyond the level invalidation. Not a fill, and not a return: see how this is measured.

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