Thursday 17 September 2026 · /ES (December Contract)

9/17 Trade Plan

Bias · Neutral → Bullish above 7710 Range / Decision Zone

Key levels

7740Resistance
7702Resistance · → 7710
7689–7690Resistance
7667–7668Support · 50DMA
7616Support · ONL

Context

Yesterday's FOMC produced a major flush to 7575, but ES recovered aggressively and is now back above the 50DMA at 7667–7668. We're essentially back in yesterday's range, with 7702/20DMA as the key upside test. The overnight range is wide (7616–7690), so the plan is simple: hold 50DMA and push toward 20DMA, or lose 50DMA and reassess.

★ Highest Probability

7702 + 20DMA Reclaim Long

Trigger
Reclaim and hold above 7702.
Target
7710 → 7740
Invalidation
Lose 7702 after reclaim.

Second Opportunity

7667–7668 50DMA Hold Long

Trigger
Pullback holds 50DMA with responsive buying.
Target
7689 → 7702
Invalidation
Acceptance below 7667.

Only If

7667 Breakdown

Trigger
Clean break below 7667 + failed retest.
Target
7616 → 7575
Invalidation
Reclaim 7667.

Avoid

  • Chasing the middle of 7667–7702.
  • Assuming yesterday's FOMC move has to continue.
  • Trading the overnight extremes without confirmation.

Focus · if → then

  • 7667 holds → 7689 → 7702 → 7710
  • 7702 reclaims → 7740
  • 7667 fails → 7616 → 7575

Today's reminder

Yesterday was the volatility. Today is about structure. Respect the 50DMA, wait for confirmation, and don't force the middle.

How it played out

The primary setup triggered and reached its first target.

triggered, then reached 7710. Measured from m15 bars, ESZ6, confirm entry, close beyond the level invalidation. Not a fill, and not a return: see how this is measured.

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