EOD Blog April 25, 2025

^Above is the ES 500 tick. The initial uptrend from the OV session got a large break. The first major leg down finished soon after the market open, where it shot up with 2 clear legs higher. (Marked 2 attempts at new high) That is not a good MM to short directly on as there is more reason to think bullish at that point htan bearish as the uptrend still has yet to play out, and price was unable to reach the OVL after forming the OVH.

In today's blog we're going to be going over the ES.

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.

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.

Above is the 1000 tick chart for the NQ. 3 days ago price was in that large uptrend. Price got a break, then 2 very clear and perfectly measured attempts at a new high. Price failed to make a new high, holding on the MM and continuing lower, making the wider downtrend more clear.

In today's overnight session, price made a sharp spike down, then for the rest of today, made 2 legs to a new low, where it just reached the downMM level a few minutes ago. Price is likely to reverse here, but due to the large multiday downtrend, I'm not buying right on the MM here, and will wait for confirmation, (although I'm done trading for today).