Adam Mancini (@adammancini4) 's Twitter Profile
Adam Mancini

@adammancini4

Full-Time Futures Trader ES intraday, also swing trade ETFs 2-7 day holds. Fully transparent approach. Posts for my notes only!

ID: 729435789411618817

linkhttps://tradecompanion.substack.com calendar_today08-05-2016 22:20:19

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Closing update: Slow holiday as usual. Key support was 5979-82 as posted & #ES_F agrees, trapping below then spending all day here. Its a major level being a multi-week support shelf. No change: 5992 1st up, with 6k, 6014 above. 5945 below todays low. Newsletter sent yesterday

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Yesterday, #ES_F got my core setup: Failed Breakdown. It was given in advance here & in newsletter. 5979-82 was 2 week range support (with 6050 magnet, 6099 res). We lost 5979 10am, trap, longs triggered. Back to magnet 6059 was 1st up today, just hit. 6076-81 next. Hold runner

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90 point clean run from yesterdays 5979-82 Failed Breakdown in #ES_F. 5979-82 is support of the two week range, with 6099 res, 6050 magnet. Back to magnet now. Since we've been paid, 0 to do now on OPEX but hold runner Watch for 6050 traps. 6026, 6017 below. Same upside targets

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We continue to play inside the 5978 to 6099 2-week range in #ES_F with 6050 magnet. Yesterday, we got the range Failed Breakdown, long triggered for a 90 point rally above the magnet, then dip. Magnet still up there for later 27 must recover to see 6040, 6050. 6001, 5992 below

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Closing update #ES_F: Choppy OPEX, but decent setups: 5979 Failed Breakdown yesterday paid out for 90 points, then 6027 reclaim today paid for 13 to 6040 target. Weekend headlines drive it now, but macro FBD still active. 6027 reclaim sees 6050+. Newsletter out soon with entries

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Worth noting we closed right at 6027. I've been posting all day that was the OPEX pin in #ES_F, and we closed right there. Typically the day after OPEX sees a trend move. 5978-82 Failed Breakdown from Thursday at 10am remains the active setup. Newsletter out soon with next entry