EOD Blog April 22, 2025

Starting off with the ES, price had this major down-measured move in play when today started. Price has been bearish over the last few days, as we can tell by the clear wider downtrend price is in. After price rushed through the redMM shown below, that's when we accept that the bears are in control, and we need to look to get short and start looking for a wider MM. That's when the larger blue MM comes into play.

Hi everyone I hope you had a great trading day today. Had a sharp spike up on both markets during the overnight session. Both the ES and NQ has a large range that's been forming over the last several days. From the lows of the range price blasted through the upMM, showing the bulls are in control, which finally took price out of this multiday range. After a range gets a breakout, it's very common to see a 2 legged retest of the high for a long entry, but the bulls were so strong that there weren't enough sellers to give us a good breakout pullback.

Here's the 2000 tick chart for the ES. Today I mainly traded the 500 tick ES chart, but also just got out of a 25 point short on the NQ 250 tick, I've got another short on the ES in the same area going still. Above we see the uptrend from 2 days ago, price broke it then made 2 legs up attempting a new high, the 2nd leg up ending around 9am CST today. Price made a quick fade of the OVH, made a couple legs back retesting the OVH then made a 2nd leg down.

Above is the NQ 250 tick, price broke the range from last Thursday, retested it and continued lower in the overnight session. Price formed a downtrend, which then broke and made 2 attempts at a new low, which led to a reversal/fade attempt, which had a strong failure, leading to a full on downtrend day. When price broke the OVL, (after the initial 2 breaks) and really took off lower, this would be a good spot for a F2EL for a short entry. Price was extremely bearish at this point, but it was so bearish it couldn't offer us a couple legs back to get in on the move.

Hi everybody I hope you've had a great trading day. Today was a very bearish day. Basically just looking for short on the way down. For both markets, price was forming a sharp break. Even though price was breaking a wide uptrend, we still have to stick with what price is doing in the moment. A large uptrend break from a multiday trend can last multiple days itself, so we have to use the selling pressure from the break to our advantage, until price starts clear making a new high attempt.