S&P500 E-mini Levels For 3/31/2025
$ES_F Analysis & Game Plan
Big Picture: Bias is Bearish, Market In Downward Channel From February 2025 High, $VIX 20-25 (Mild Volatility)
Today´s Pivot is 5658
The Bearish sentiment continues in the US markets and as highlighted in the Sunday Post, the indexes and several sectors are in confirmed downward channels. Moreover, short exposure is significantly high—exceeding levels seen during the COVID years, as shown in the graph below. Market breadth has also deteriorated over the past week. With all this negativity and the stock markets being oversold, could a potential reversal be on the horizon? As traders, we must remain flexible and open-minded to alternatives beyond the mainstream narrative. However, price action and level-to-level trading will be the primary focus of this Newsletter.
h/t:
Market Analysis
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