Smashelito (@smashelito): "Doesn’t get much more textbook than this Look Above and Fail setup from an orderflow perspective in ES. 1. Excessive move above 7166 exhausts. 2. Aggressive sellers smash it. 3. Aggressive buyers absorbed and trapped on the 7166 retest."

Doesn’t get much more textbook than this Look Above and Fail setup from an orderflow perspective in ES.

1. Excessive move above 7166 exhausts.

2. Aggressive sellers smash it.

3. Aggressive buyers absorbed and trapped on the 7166 retest.

Eventful overnight session in ES with solid reactions off key levels.

Acceptance outside 7166–7117 opens the door for directional trade, while failed breaks are fade opportunities. Cautious in the middle of balance.

Apr 23

2:36 PM