Morning Update for Subscribers
Bear Trap Leads to Bullish Momentum at New Highs
📢 Morning Update for Subscribers – Bear Trap Leads to Bullish Momentum at New Highs
📊 Open Pivots:
$ES: 5548
$NQ: 19528
📌 Overview – Sellers Trapped, Buyers in Control
The market gapped down slightly overnight to start the week, but buyers quickly reclaimed the gap and pushed price back toward multi-month highs.
$ES: Bear trap set at 5517, squeezing prices back above 5535, and now threatening a breakout over 5557.
$NQ: Strong recovery, reclaiming 19500+ — continuing to lead the upside.
✅ Key Takeaway:
Sellers failed to hold prices below 5535.
Aggressive early selling backfired, trapping shorts and forcing covering.
Liquidation risk is smaller for now because of the overnight bear trap and strong price recovery.
📌 Key Levels to Watch Today
✅ Support Zones:
5535–5547 ($ES): Critical zone for buyers to defend.
19470–19500 ($NQ): Bullish control zone.
✅ Resistance Zones:
5557–5580 ($ES): Short stop run zone—first real test for overhead supply.
19620–19655 ($NQ): Magnet area for squeeze continuation.
📌 Trading Plan for Today
📍 Scenario 1: Bullish Continuation Above 5547/19500
Look for bullish setups → Target 5580 ($ES) and 19650 ($NQ).
Checklist to Enter:
Price holding above open pivots.
Buyers defending pullbacks at support.
No aggressive, sustained selling pressure.
📍 Scenario 2: Failed Breakout & Reversal Below 5547/19500
If buyers lose open pivots, short setups could develop.
Watch for sharp rejection at 5557–5580 followed by failure below 5547.
Targets back to 5530 → 5515 zones.
📚 Educational Insights
🛠 How to Stay Nimble (Without Scalping)
📌 What it Means to Stay Nimble:
Being ready to adapt quickly to what the market is showing you.
Having clear plans but no attachment to them.
Willing to cut trades that aren’t working instead of "hoping and praying" they will turn.
📌 Checklist for Staying Nimble:
❓ Is the market doing what you expected?
✅ If yes, manage trade according to plan.
❌ If no, cut the trade and reassess.
📈 Re-enter if the original setup reappears — no emotional hesitation.
📌 Important:
Staying nimble ≠ scalping.
You can still target large moves while being nimble—the difference is you manage risk aggressively.
You don’t sit in losing trades hoping for miracles.
Nimble traders listen to the market, not their ego.
🛠 Why Cut Trades That Don’t Go to Work
📌 Simple Rule:
Good trades usually work right away or show clear signs they’re setting up properly.
If your trade is immediately uncomfortable or going sideways:
❌ Cut it.
✅ Preserve your mental and emotional capital.
📌 Examples of Trades Not Working:
Trade goes flat after entry when you expected fast move.
Trade immediately goes against you and hits warning thresholds.
Price action becomes heavy/sloppy compared to expectation.
📌 Bottom Line:
**Small losses are tuition.
Big losses are career enders.**
Focus on protecting yourself first—big winners will take care of your profits naturally.
🔥 Final Thoughts – Trade Smart at Highs
Markets are back near multi-month highs—be cautious about chasing.
Watch open pivots and key control zones for clues about continuation or reversal.
Manage risk first, attack second, and always stay ready to adapt.
🚀 Stay disciplined and ready for whatever the market gives us today!
#MorningUpdate #MarketOutlook #FuturesTrading