Weekly Market Outlook and Levels | 10.05.25 | ES NQ GC | FOMC
Sorry guys wasnt feeling great last week, but going to go over this last weeks price action, and I have fun announcement for tomorrow
For new subscribers—
I use Fibonacci Sequences as the core of my analysis. I do implement both mechanical and contextual levels (from market profiles) in my analysis. I typically use mechanical levels to identify potential areas of support/distribution.
If you do enjoy my posts and want to support it by liking it, that is greatly appreciated!
Just a quick note—
I color code just so they are easier to read and understand, since there are alot levels with fibs.
Blue - discount zones (support levels)
Purple - zones I’m looking for price to defend, (line in the sand)
Red - premium zones (resistance / distribution zones)
For new subscribers—
I use Fibonacci Sequences as the core of my analysis. I do implement both mechanical and contextual levels (from market profiles) in my analysis. I typically use mechanical levels to identify potential areas of support/distribution.
If you do enjoy my posts and want to support it by liking it, that is greatly appreciated!
Just a quick note—
I color code just so they are easier to read and understand, since there are alot levels with fibs.
Blue - discount zones (support levels)
Purple - zones I’m looking for price to defend, (line in the sand)
Red - premium zones (resistance / distribution zones)
I’d be curious to see how DAL 0.00%↑ HELE 0.00%↑ LEVI 0.00%↑ perform for this weeks earnings
Video Analysis
» Looking at the ES
Two scenarios —
If we rotate up I will be monitoring for distribution OR exhaustion as we approach ~ 6780s - 6790s
If we have a rotation lower, I will be looking for bulls to defend 6740s as downside support,
Failure to defend that level — we have potential to retest 6720s as potential downside support.
With the government shutdown, and its affect on news prints, i’m not really sure how it affects volatility. Especially considering that FOMC is also scheduled for this week.
Just keep that in mind as you are trading,
Right now i’m looking to see if this downside support at 740s is going to hold, for a continuation higher OR if sellers pick up some momentum and we retest lower support at 720s-730s.
I think after Monday / Tuesday we will have a better idea.
Trade safe you guys!