ES NQ | PreMarket Prep | Key Levels

Feb 15, 2026

For new subscribers—

I use Fibonacci sequences as the core of my analysis, combining mechanical levels with contextual zones drawn from auction theory.

Mechanical levels help me map out potential support, resistance, and distribution zones so you can see where I expect buyers or sellers to step in

I color‑code these levels so they’re easier to follow on your charts:
- blue = potential discount zones (support),
- purple = “line in the sand” levels I expect price to defend
- red = premium zones (resistance / distribution)

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Wed Feb 18
🔴 FOMC Meeting Minutes

Thu Feb 19
🔴 Unemployment Claims

Fri Feb 20
🔴 Flash Mfg PMI
🔴Flash Services PMI

Brief Recap

Indices gapped up last globex open, rallied up into over head supply near 7000 and ran into distribution.
with that melt up, there really was not any good opportunity for longs to position themselves, so as price pushed higher, retesting these higher prices, naturally we run into some distribution

What I’m watching for this week

I think its pretty straightforward, we basically spent the week balancing out, and stayed inside of both of my LIS
- Watching for either break and hold ABOVE 6987
- OR break and hold BELOW 6840

We are inside of this giant multi week balance, so its just a waiting game to see which side breaks.
- No one is really winning while we are inside of balance.

Key Levels

Upside

6946 | 6987 | 7017 | 7077 | 7159

Downside

6840 | 6813 | 6783 | 6748 | 6682

» If we break below 6682 & 6588 I will be SOH for longs until I see confirmation

Brief Recap

What i’m watching for this week

Break and hold ABOVE 25368

Break and hold BELOW 24968

Remember as we approach the bottom of this range it puts us into mean reversion territory.

This is not a good place to chase shorts without a reason
- It is not fun to get caught with your pants down because mean reversions can be fast and aggressive.
- In order for sellers to continue to accept lower prices sentiment must match. Sellers do not typically want to sell for a discount.

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