Plan 10-10-22: Key levels, why they're key levels

and how to figure it out yourself

The focus of the stack is how to react to price setups rather than to predict the market’s direction. The preferred pattern traded in any scenario is a failed breakout or key level reclaim. This method is discussed with more detail in the following link.

Daily I’ll explain the overall context for the price action of /ES. Price action takes into account channels, volume profile points of control, key zones acting as either magnets or potential squeeze targets and levels of overhead supply/demand. This information is then distilled down into simple actionable intraday horizontal levels. These levels will change each day as price reacts to the various highlighted zones.

@Efficientenzyme : Potential setups intraday from Twitter

Rather than start with chart overview I wanted to take a big picture approach to technical analysis, the current spot price is at and how to determine for yourself what is most likely to happen next. Also do a short review of value gaps (FVGs) and how they could fit i…