ES

WickOfDeath

Many people said so. The drop happened anyway. 2K points on the Nasdaq100, here I would call the ES resilient because it lost only 200 points and the Russel 2000 as well.

thetradingfenix

You're identifying the leak correctly: you had a $.20 exit and didn't take it because you wanted more. That's not random bad luck, it's a pattern, and if you're running 0DTE spreads daily it'll compound fast. The hard part isn't knowing you should take profit early or set a stop — it's actually doing it when the trade is live and your brain is rationalizing one more minute. What helped me was tracking every trade where I had a valid exit but didn't take it, then reviewing the equity curve of what I actually made vs. what I would've made if I'd followed my rule. Seeing that gap in black and white made the discipline click. You need a system that forces you to log the moment you deviate and why, so you can pattern-match your own psychology. I built therisingfenix.com/journal after blowing through stops on ES spreads for the same reason — it tracks not just P&L but where you broke your own rules and reminds you of past leaks when similar setups appear. For 0DTE, the difference between a $.20 take and a multi-thousand loss is pure execution, and you can't fix execution without seeing your own patterns repeated back to you.

Mexx_G

I track NQ instead of ES, but I believe that there's still a 1000pts drop possible in that pullback. It's still very bullish. It just needed to chill a bit.

tesseramous

Where are you getting your volume? I see twice as much volume on SPY and ES.

2020isgreat

Ayyyyy ES down 3%

Strangerdanger8812

If it holds it will beat out jan 20th -2.06% well for ES

NeighborhoodDry1821

Need ES to tickle $7585 by eod

TizzyHizzy

ES holding 7460. I just need a massive pop so I can gtfo lol

MarginCalledManager

ES puts closed out... thanks for the easy $17,000 today exit liquidity regards... see ya Sunday for ES open

MarginCalledManager

new lows again... SPY and ES literally have not gone up since your "never drops below" post... good work regard... good work.

MarginCalledManager

Or, you know, just trade ES and NQ contracts and options 23 hours a day

133756

These overnight dips on Spy & ES that keep getting bought are just hedging & stop running because big money is just selling puts that they want to get assigned or collect premium. 7650 tomorrow IMO. I was right last night too.

MarginCalledManager

All you dumbasses who never trade ES and NQ options that trade 23 hours a day Sunday through Friday, and on holidays, and never had PDT requirements.

MarginCalledManager

You realize smart traders only do ES options because they trade 23 hours a day, right?

VeryMercurial

Look at the NQ daily chart you dunce. ES not yet

memmolemmo

The options do. Dunno how it works, but I use real time data on ES to track them when a great setup pops up. Since there' no MM hedging during overnight sessions there's a lot less fuckery and price follows technicals a lot closer.

Significant_Speed854

So oil down, metals down, ES down, NQ down. Hm

VeryMercurial

DOW was up 1.7%, NQ was red, ES was slightly red. cmon bro...

SprinklesSuitable457

I use PutYield for this, it sells puts on ES when the trend is up and sits in cash otherwise, so you get a consistent yield without trying to time the market. It filters out bad trades with EMAs and has a 99% expiry rate, which takes the stress out of watching your cash sit idle.

unhappyreach_

Hear me out I'm G and R but this might be the start of a nice gamma squeeze on ES

133756

Profit taking on ES Futures was more aggressive than I thought it would be & they tried to dump it again to run stops & acquire it lower. But they could barely get 20 points down from RTH high instead of the 45 they got yesterday. I think we are ripping tonight after 5PM PST.

Beginning-Fig-9089

ES and NQ have agreed to continue drilling operations into 2027, due to supply issues.

SighRamp

wow rejected off Friday high 7611.5 to the penny on /ES

Haikoe

Insanely low volume on ES today. That can mean one thing.

133756

Valid. The theta decay on 1sts really starts hitting hard overnight. When I have ES options, I want out of my 1dtes by midnight PST unless they are 2 strikes ITM & holding firm.

133756

Big resistance on ES here because we are at a squeeze level.

Poptart_Salad

ES about to go green, I guess that was it for the selling.

iShitBloodandCumShit

I’ll save the fuckin market. Shorting ES right meow and buying puts premarket. 🤌

133756

7558 is a key level for ES. We have smacked up against it from the bottom. We gotta get over it!

Midnightruined

Long ES here

133756

I have 10 ES 7640 calls for 6/5 which is about the same as SpX 7610.

Broke4Life

So, can you updates us every 30 minutes on how you're feeling, lol. 215.22 currently and Iran lobbed some more missiles, best watch vix, the futures, asia market is open but check it around 10 pm est and 11 pm est, Nikkei and KOSPI.From 2 to 4 am Europe comes online check ES1! Premarket watch the SOX Futures SOXXX. Oh and ZN1! Futures as well.

133756

Finally, somebody who understands subtext. Truth is I bought 10 ES 7640 call for June 5 when it started dumping because they were dirt cheap and if we’re gonna do mean reversion, it usually happens within two days

Huge-Apple-4083

I know the feeling. I was sitting on cash for months watching the market climb and second-guessing every move. What helped me was not trying to guess the top or bottom. I just started selling weekly puts on ES futures through PutYield's system. It lets me put that cash to work without worrying about buying at the exact right moment. The trades only happen when the trend is up, so I'm not taking big risks during uncertain times. You could also just dollar-cost average into something simple like VOO over the next 6 months. That way you're not betting everything on one day. Either way, sitting in cash forever hurts more than a small pullback would.

buhtpirate

RTY doing better than the ES after hours..

k3t4mine

Mango jawboning again because ES was lower by 0.1%.

housemouse431

so officially we will now consider 6-8 pt drop on ES to be considered a dip? as it seems everything is bought hand over fist

Significant_Speed854

God why did ES drop around 730 before my SPX options opened at ~8. By the time I could sell my puts, it was right back up

Wide-Contribution-29

Good to know. Usually Japan and Korea react more negatively to Middle East headlines. I looked at /ES and it’s barely down. 

Bubbly-Fly-205

/ES working on another breakout

cjspoe

yea…I mean I had time to hear my alert go off on /ES and by the time I grabbed my phone it was done

CJBlueNorther

Institutions trade /ES not SPY. Them trading futures is how they can manipulate the market like this.

Delicious_Put_5857

bruh this -550 point 1 second wick on ES is fuckin ruining my chart lmao

Equivalent-Jaguar-55

Anybody else see that wick to 7063 on ES?

Delicious_Put_5857

uhhhhhhhhhhh ES just ticked a 7062? lol

zedder1994

The 19th to the 21st of May was the start of the countdown. Higher than average volume on ES, then after that volume has been decreasing. All we now are waiting for is a low volume day. Major rally;s always end with a whimper as the buyers dry up and the shorts get nervous. Capitulation is near and divergence is happening. Are you brave enough to push that sell button?

epictantrum

Is this a Tradingview issue or why are these ES candles so fucking weird?

Emergency-Ticket5859

Will ES break 7575 on the downside? it's been flirting a few times over the last few days

Jaded_Drink8872

SPX, ES futures options. you are just poor ☝️🤓

133756

It looks like somebody just closed a big short position on ES. Like 500+ contracts. Hit a new low & then immediately bounced 6 points in a split second. it looked Like they sucked up all liquidity in a 7 point range. If we bounce here; I’ll thjnk I am right. If not, then it was just a weird patch of order fills.

ClevelandSteamer81

If ES can hold 7581 we could go back up. Under 7581 and o see it going to 7561 or lower.

SighRamp

interesting /ES bounced off Friday's high could be start of another leg up

SighRamp

/ES perfect bounce off Friday High of Day next leg up

twat_muncher

VIX up, /ES lower than SPX, hehe, I'm in danger!

Less_Gap_7507

Yeah, the greeks and order flow data can definitely feel like they're built for the 0DTE crowd. For 3-10 DTE, you'll get more value from looking at longer-term positioning and the overall market structure, especially if you're trading SPX. GEX can help spot general support/resistance zones, but a lot of the noise is just daily flows that won't impact your timeframe. For weekly ES puts specifically, a lot of the noise isn't relevant. I use PutYield, it's a weekly alert service that focuses on ES puts when the trend is up, so it's built around that specific weekly timeframe. Not a data service, but their signals have a very high win rate if your goal is consistent weekly income. Vs3D is great if you're deep-diving all flows, but for your weekly SPX trades, you probably don't need that level of detail. Are you looking to scalp intra-week with the data, or just get a better read for opening positions on Monday?

Less_Gap_7507

Honestly, that's a high-stakes call and your numbers are strong. The math can work, but that 40% average is the key variable. If it stays that high, the 6% loan cost is manageable. If it drops or you hit a rough patch, the leverage magnifies the pain on both your capital and the borrowed money. Given your EU constraints, using bank money is one of the few scaling paths, but it locks you into needing consistent wins. I'm biased, but I work on PutYield which focuses on weekly ES put income in confirmed uptrends. It's a rules-based system averaging $312 per trade with a high win rate since 2020. It might be worth looking at a systematic approach like that to see if it can complement your strategy before you commit to debt. Would you say your 3-6% monthly returns are from a single strategy or a mix? That consistency under pressure is what really matters with a loan on the line.

Less_Gap_7507

You're thinking about the buying power deduction on the short put trade, not an actual loan. You have the $10.4k cash, but your account equity is what determines your buying power. Selling cash-secured puts requires full collateral, so after the premium, you'd need about $9600 in available BP to secure the put, tied up until expiration or close. That's a BP reduction. If you're assigned, you'd then need to pay for the shares. That purchase creates a margin 'debit balance' only if you don't have the cash and the broker fronts it. Margin interest doesn't get charged on the secured BP, only on the debit balance when you actually borrow. For consistent income strategies like cash-secured puts, some services like PutYield send weekly setups for ES puts.

epictantrum

what the fuck are these ES candles?

pingoo26

Claude is still shit, I asked it do a simple conversion calculator for futures ES to SPX and XSP and it fucked up every single one lol. Then I ran out of free messages.

LarryStink

Scalping some shorts overnight in ES. Re entered my gold shorts and eur/usd shorts. Buying 100 lots of PURR 15 46dte calls tomororw 

RockwelInternational

Anyone buying /ES futures is fucking retarded

spicykimchi_inmybutt

ES looks red to me still, which one are you checking

LarryStink

I trade futures so idc what market open is. I have ES options I want to manage on the futures open, hopefully for some profit. 

WickOfDeath

I see the danger in two situations: 1.) people rotate out Mag7 stocks for SpaceX. SpaceX is not part of any index right now and dont see the "retail" trader just as a pet. "Retail" can do 25% of a day's volume. When they drop NVDA and NVDA drops 7% the NQ would be down 1% and the ES 0.6% When they drop Mag7 as a whole... then there would be some red weeks. 2.) SpaceX will go into the SP500 and possibly Nadaq100. There it would be 0.3-0.5%, but when SpaceX dramatically drops those indices will suffer. With a suffering SP500 many retirement accounts of pensioneers will suffer, those who are still saving up for the pension will benefit.

ChickenMazhou

Since VWAP is not available for SPX, do people prefer using /ES or SPY? I have heard /ES is better because it accumulates more data from trading 23/5. However, others have said use SPY because it replicates the regular session better. For someone who only trades regular session, seems that SPY makes more sense. Also wondering if you set the window in TOS to exclude extended hours trading session for /ES, then will it eliminate that data from the calculation or will it include the data but only show the regular session?

unhappyreach_

Seems like "they" are super short ES in anticipation of this war restarting If we get a surprise deal, "they" will close those shorts and send it Gamma squeeze , also im gay

Less_Gap_7507

I've messed with day trading weekly options quite a bit, it can be brutal if you don't have a clear setup. For me, focusing on the 20 and 50 period EMA on the 15 minute chart is crucial; you want to see the price respecting those levels for any directional play. Volume profile helps too, to spot where the real fight is happening. Honestly, it's less about the indicators and more about your risk management on such short timeframes. I mostly stick to selling options during confirmed uptrends now for a more consistent grind. There's a service called PutYield that focuses on exactly that, selling weekly ES puts with a pretty solid track record, though their approach is super systematic and they email out a single idea each week. Have you found you're better at picking direction or managing the volatility?

Less_Gap_7507

Honestly, dedicating a month to learn options is a solid idea, especially starting with that kind of capital. You need to build a solid foundation in risk management first. Options are about controlling risk, not just making bets. Get "Options as a Strategic Investment" by McMillan. It's the bible. Then, I'd read everything you can on trading psychology; your mindset will make or break you. Paper trade for at least three months after you feel you've got the basics down. The market will always be there to test your new knowledge. For learning a specific, income-focused strategy on ES futures puts, I'm biased because I run PutYield. It's a systematic weekly alert service that's been my main thing since 2020. It could give you a real-world example of a rules-based approach to dissect while you're studying. Just know it's one very specific method among many. What's your main goal with the 10k? Income generation, hedging, or something else? That'll dictate what part of the options world you should dive into first.

Less_Gap_7507

Yeah, I swing trade TSLA options fairly often, but day trading them is a different beast entirely. The spread and IV can really eat into your profits on those quick trades, especially if you're not getting fills exactly where you want. Sounds like you've got a decent system going with cutting losers quick, which is 90% of the battle. For a more consistent income play, I've been following a rules-based strategy focused on selling ES puts in confirmed uptrends. The guy behind PutYield shares his weekly trades via email with charts and broker screenshots. It's a slower, more mechanical approach, but the win rate is insanely high because it waits for the right setup. Might be a good complement if you're looking for something less frantic than scalping 5-minute candles. What's your typical profit target on those short trades? Just trying to gauge your risk/reward.

Less_Gap_7507

It works, but steady income with limited risk is harder than it sounds, especially for a beginner. Selling OTM options is collecting a small premium for taking on a potentially huge liability if the market moves against you. Most people start with index options like SPY because they're less volatile than single stocks. Selling around a 0.30 delta is common, but you absolutely need a defined risk strategy, like spreads, from day one. Honestly, the real key isn't the delta you pick; it's having ironclad rules for when to enter and when to exit a losing trade. Without that, you're just gambling. I follow PutYield because they only sell ES puts during confirmed uptrends, which is a huge risk filter. It's systematic, which helps avoid emotional decisions. Might be worth looking at their approach for structure, but focus on learning risk management first. That's the actual guide.

Less_Gap_7507

It depends heavily on your market outlook and how you size the position. People treat them like lotto tickets, but selling premium on a 0DTE in a strong directional environment can be profitable. Most consistent guys I see are selling puts when the market is clearly in an uptrend and taking small, defined risk per trade. I personally look at PutYield's signals for this. They sell ES puts weekly when the uptrend is confirmed. The tax treatment with European contracts is a nice bonus. It's systematic and takes the emotion out of it, which is key with something this fast. Not saying it's for everyone, but that's how some folks manage the risk.

Less_Gap_7507

Your thinking about risk management and consistency is spot on. That’s the iron condor's main appeal for a reason. The real downside is the premium. You're selling probability for a capped gain, and in quiet markets that can be painfully slow. Fast moves crush the position, and you can lose more than you collected. Most people blow up by getting greedy and selling too narrow, or not respecting a trend. It works best when volatility is high and expected to collapse. I do something similar but directional. My team and I run a strategy focused on selling ES puts in confirmed uptrends. It's a defined-risk weekly income play, just simpler since we're not fighting both sides. We've been tracking it since 2020 and it has a 99% win rate on expiry, but the max loss is still defined. For your approach, just make sure you size small and have a plan for when the market decides to run. A lot of the premium you collect is basically insurance against a big move.

Less_Gap_7507

Going from 5k to something actually big trading options is brutally hard, and honestly, most people don't do it. You're seeing that firsthand with the time spent for minimal results. It's a common trap because the leverage is addictive but the math works against you over many trades. The most common path for small accounts that don't blow up is focusing on defined risk strategies to generate consistent income, then reinvesting that slowly. Buying a single contract of something and hoping for a moonshot is more like gambling. Selling options for premium, especially on indexes like the SPX/ES, can be more systematic because you're getting paid for taking on manageable risk. I work on PutYield, which basically automates a weekly ES put selling strategy for income in confirmed uptrends. The whole point is taking the emotional guesswork out of it with strict rules, and it's been solid for consistent small wins, not huge swings. That kind of approach might fit better with a smaller account trying to grow steadily rather than hit a lottery ticket. Have you looked more at selling options versus buying them? That shift in mindset from hoping for a big win to banking consistent premiums was a game changer for a lot of people I know.

Less_Gap_7507

It's interesting you bring up the CNDR index. It highlights the biggest issue with iron condors: they're a short volatility bet dressed up with extra legs. You're basically selling theta while hoping the market stays rangebound, but it doesn't account for the fact that equity indices have a persistent upward drift. That's a structural headwind for a strategy designed for a flat market. My key rule is to only sell options in a confirmed trend. It's simpler and capitalizes on that drift. I work on PutYield, and our approach is just selling weekly ES puts but only when the market's confirmed to be in an uptrend. Since 2020, it's had a 99% expiry rate because you're selling into momentum, not against it. A simpler trend following setup like that often outperforms trying to pick a range. For condors, you'd probably want to look for periods of extremely high IVR and fading that, but even then it's a tough trade.

Less_Gap_7507

Yeah, the simple buy and hold approach with long-dated options is solid. It forces patience and cuts out a lot of the noise and theta decay that eats at more complicated spreads. The discipline part is the real key though, especially with mental stops. My consistent play is selling weekly puts, but only when the market's confirmed bullish. It's purely for income, not getting rich. You need ironclad rules for entry and size. I use PutYield for the signals. They've been hitting a crazy high win rate on ES puts since 2020, averaging over $300 a trade. It works because it's systematic, no guessing. What sort of underlyings do you usually trade with your long calls?

Less_Gap_7507

Honestly, your approach is a solid way to keep the stress levels down while getting consistent results. The weekly routine and focus on the 1% target makes a lot of sense for passive income. Finding that consistent flow in an uptrend is the tricky part. I use PutYield for their ES put strategy. They just send a weekly email on Sunday with the trade details, chart, and where to set your stop. It’s a set-and-forget thing that fits my own hands-off style. Disclaimer, I am biased as I am part of that operation. But it’s worked well alongside my other plays. How long did it take you to dial in your scanner criteria for your Monday morning trades?

Less_Gap_7507

Yeah, running the wheel directly on SPX gets pricey fast. You're probably looking for XSP, the mini SPX options. They're European style like SPX and cash settled, but at 1/10th the size. Just watch for liquidity on further out strikes. For a smaller account, ES futures options are another solid angle. They trade almost like equity options but have the 1256 tax benefits. I've been using PutYield's weekly alerts for ES puts to get consistent weekly income. Disclaimer, I work on that project. Either way, the core idea is getting that SPX exposure without the capital requirements of SPX itself. Have you looked at XSP?

Less_Gap_7507

If you want truly passive income, you've got to understand that selling options requires constant market monitoring and management. That's rarely passive. A more hands off approach is focusing on weekly cash flow when conditions are right, like only selling puts in confirmed uptrends to keep that probability of profit high. My bias, I work on PutYield. We send weekly ES put trade alerts with a very high success rate. It's one structured way to handle it without needing to watch charts daily, but it's not set and forget. You should also look into the Wheel strategy and managing assignment risk. What's your experience level with options trading so far?

Less_Gap_7507

You're looking at the fundamental difference between paying for downside protection and getting paid to take on risk. Buying a put is like an insurance policy; you pay a premium upfront for the right to sell at a certain price. Selling a put is selling that insurance; you collect the premium but are obligated to buy if the price drops. For a strategy focused purely on income, selling puts in a confirmed uptrend is popular because you keep the premium most of the time. That's the entire concept behind PutYield; they systematically sell weekly ES puts for income with pretty strict rules on only doing it when the market trend is up. Just know that selling puts carries defined but potentially large risk if the market crashes. Definitely paper trade and understand max loss scenarios before putting real money on the line.

Less_Gap_7507

Interesting breakdown. I personally shy away from individual equities for weekly income because of the unscheduled risk. The earnings, news, or just one bad day can wreck the best-laid plan, as you noted with your cautious sizing. That's why I've moved my strategy entirely to index options, specifically ES puts, where the risk is more systematic and you're not betting on a single company's news cycle. I'm biased here because I run PutYield, but we focus only on selling weekly ES puts when the market is in a confirmed uptrend. The European-style expiration helps with tax treatment under 1256, which is a nice bonus. The real edge for me is removing the single stock lottery and sticking to a rules based approach for consistent, smaller wins. It averages about $312 per trade with a high win rate since 2020. Your point about never paying to roll is key. With indexes, you often have more flexibility to just take a small loss and reset for the next week if the trend breaks, rather than getting pinned to a specific stock.

Less_Gap_7507

Honestly, you're smart to look for a service that gives you a clear system right now. Just grabbing random alerts as a beginner is a fast way to get overwhelmed and lose money. You need something with real structure that you can just follow so you can focus on learning. I’ve been using PutYield for this. Just weekly emails, super clear rules, and it sells ES puts in confirmed uptrends. It’s been consistent for them, with a 99% expiry rate since 2020. The tax treatment with those European style contracts is a nice bonus. It’s been the most straightforward income strategy I’ve found. What kind of accounts are you trading in? That might matter for tax stuff.

Less_Gap_7507

Honestly, you're smart to look for a service that gives you a clear system right now. Just grabbing random alerts as a beginner is a fast way to get overwhelmed and lose money. You need something with real structure that you can just follow so you can focus on learning. I’ve been using PutYield for this. Just weekly emails, super clear rules, and it sells ES puts in confirmed uptrends. It’s been consistent for them, with a 99% expiry rate since 2020. The tax treatment with those European style contracts is a nice bonus. It’s been the most straightforward income strategy I’ve found. What kind of accounts are you trading in? That might matter for tax stuff.

Less_Gap_7507

Totally get the struggle. Most options alert services throw so much noise at you that it's hard to trust the signals. The key is finding something with a clear, disciplined strategy that shows you the actual trades, not just generic 'market is up' advice. I've been following PutYield for weekly income. They only send one ES put trade alert per week, with charts and broker screenshots, when the market trend is confirmed. It's super specific entry/exit info, and their expiry rate since 2020 is solid. Really cuts through the clutter you're talking about. What's your main goal with the alerts? Consistent income, or more for learning/strategy?

Less_Gap_7507

Solid breakdown, especially about pricing risk over just chasing theta. That's really where the edge comes from. The systematic, rules based approach you mentioned is key. I've found the same thing trying to sell premium manually it's easy to get emotional. For weekly ES puts specifically, I've been following a service called PutYield. It sends out a single rules based trade idea every Sunday, purely when the trend is confirmed up. The discipline is what makes it work they've had a 99% expiry rate since 2020 by sticking to their system. It just automates that 'buy cheap, sell expensive' filter you talked about, but for the ES. Takes the guesswork out of whether IV is actually high enough for the risk. What timeframes do you usually look at when selling?

Less_Gap_7507

That 35% reality is a gut punch every time. The strategic move is shifting the \*type\* of income you're targeting. Ordinary income is rough, and short-term capital gains is basically that. One of the best 'tricks' is trading instruments that automatically get better tax treatment without you having to jump through hoops. We've been selling options on ES futures for weekly income for a while now. The main tax benefit we lean into is the IRS Section 1256 treatment on those contracts. That means gains are automatically 60% long term, 40% short term no matter how long you hold. It's a built in rate cut that puts more money back in your pocket. Is most of your trading activity in equities or have you looked at

Less_Gap_7507

Honestly, you've nailed the core idea. Selling cash-secured puts for small, regular income is way more reliable than speculating with buys. The 'unlimited loss' fear you read about is for naked puts. If you're cash-secured and okay owning the stock, your risk is capped. The real trick is having ironclad rules so you don't start gambling. I've been using PutYield's weekly ES put alerts for this exact reason. Their system only sells puts in confirmed uptrends, and that 99% expiry rate since 2020 keeps things consistent. It's just a set of rules, not a guess. Makes a few hundred per week pretty doable. Are you thinking about specific stocks for this, or just looking for a reliable income strategy in general?

Less_Gap_7507

That's the exact issue with short-term ES options. The fees just eat into the premium, especially on those far OTM strikes. You're right, the edge really comes from selling premium further out in time when you have more room to work. I ran into the same thing. What finally clicked for me was focusing purely on weekly ES puts, but only in a confirmed uptrend. It's super systematic. I've been following PutYield for this exact strategy. Their approach averages about $312 per trade, and they've had a 99% win rate on expiries since 2020. It's just emails with the setup every Sunday. Might be worth a look since you're already thinking about 24/7 trading with ES. What's your typical trade size on SPX?

NotAHost

Congrats, same thing happened to me recently. Bought ~$300k of MU on margin in Jan, 140k from closing some NVDA for a total of 440k at an average price of $327. Up about 200%. You closed most of your positions so you'll have to pay stcg this year? You're probably aware but you may need to file a Form 8949 and/or IRS Form 1040-ES to avoid withholding penalties. I haven't done these myself yet, but just read into them so you are aware if you need to pay some taxes (very likely). I'm trying to hold out my stocks until I can cash in on LTCG... selling some OTM cc here and there to help cover any minor dips.

133756

Pure speculation but I think this is a dip before a massive rip because the good news is too obvious. I’m in ES calls at 6645, 20 of em, for 6/1/26. I’ll hold through the weekend or ITM maybe trim it if it 4xs today.

Gold_Victory3435

i'm a price action trader. price action is simply pattern recognition, and understanding which side is more aggressive. also footprint or volumetric candles tell you the order flow of each candle. this gives great insight. price action absolutely matters, esp for high cap products. The only manipulation on products like SPX, /ES, big companies, come from news, or false news. rarely there is a massive dump by an institution that turns a robust bull trend into a horrid sell-off. Usually massive sell offs come once price has exhausted itself, and buyers are no longer aggressive. Price action, and EMA 20 and 50 are the only things I follow, in addition to footprint candles. Price never lies. keep in mind, today, the first 5min candle was a doji. and look how we are behaving today? SPX is one massive doji right now. people are waiting for "news" from TACO. Since few believe him, I don't think price is moving that much based on the possibility of a deal. I think price will move only once a deal is deemed final. and the market seems not to care what Iran has to say, or whether iran agrees. There is a book called "Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader." I started there. but study charts for fun too. You mainly need to learn recognition of patterns in price action. higher lows, or lower highs, support and resistance, absorption walls (for when there is a seller eating up all the buyers' aggression). fun stuff. Youtube videos help with understanding price action patterns too.

Whiztard

What is ES

CJBlueNorther

/ES just hit 7600

133756

People who are shorting ES at 7583.75 +/- 5 points are either about to get paid or trapped in power hour. We're coiling for 20 points in a direction in the next hour. Be careful people. Set your stops & profit takers don't cancel 'em.

Negative-Action-9836

can u send me 10 dollars ES08 0049 5200 7827 1649 4079

133756

This ES tape looks like shorts piling in at a new high but it is probably going to rip another 20-30 points before tomorrow morning.

sukhdevrana1

My question is 5-6 points is usually the better default after reclaim? Then take a direction bet for 10-15pts on ES Also, I replied a question to someone can you check it out too

sukhdevrana1

My question is 5–6 points is usually the better default after reclaim? Then take a direction bet for 10-15pts on ES

133756

Nasty liquidity grab on ES. Odds off big green tomorrow just went way up.

VeryMercurial

Bols looking at ES futures and saying only down 0.4% while NQ down 0.8%. This entire fucking rally was because of NQ/tech 💀

LarryStink

As of yesterday. My biggest short is gold but I have a few different trades on ES. Put verticals for 3w out and iron fly and long puts for tomorrow.  Going to roll the 1d trades into something else either tomorrow or Friday before the weekend.