Cycle Day 1
Contract: September (U)
Theme: Buy the Dip? Or… Just Buy Everything?
🔗 Key Links
💬 Opening Bell Wisdom
“Knowing is not enough, We must APPLY. Willing is not enough, We must DO.”
— Bruce Lee (and every trader after a losing week)
⚔️ Market Highlights
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Overnight price did a fake-out under 5950, reclaimed 5960, and then… 🚀 blastoff to 6020, and further flirtation with 6075 POC.
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Buyers were insatiable through the morning:
“Initial buy lean until there is a bear structure shift” 🔁 Still waiting…
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🎯 ES Open Range Target 1 & 2: Filled.
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🔁 NQ Target 1: A bit shy. Must be camera-shy on Mondays.
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💡 “PKB” setup spotted by @blibby71 — nailed it. Full credit.
🖼️ Image Proofs of Market Shenanigans:
🕊️ Geopolitical Sidebar
Iran says it’s ready for a long war, but also simultaneously shopping ceasefire coupons through the Gulf.
Cue ZeroHedge, X-posts, and a heavy dose of trader skepticism.
“What are you going to believe?” – PTGDavid
📉 Afternoon Session
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Volume faded, traders yawned.
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Price camped out in the 6090-6110 sandbox.
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Afternoon described as a “Snoozer.”
Pro tip: If you didn’t make your nut in the morning, protect your capital (and sanity) by hitting the beach.
🏖️ “Mental capital > Market noise.”
🧠 Trader Education:
Key Takeaways
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✅ Be aware of contract rollover to September (U)
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✅ Watch for POC shifts — today’s 6103 was key
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✅ Learn & use PKB structures (break/retest setups)
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✅ Guard your mental capital — overtrading kills edge
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✅ Don’t confuse news flow with directional clarity
Final Thought:
If the ES were a concert, today’s buyers were the lead guitarists shredding from open to lunch. The afternoon? Roadies packing up gear and waiting for Tuesday’s encore.