Planet HEK Weekly Market Prep - 5.18.25
Moody's Market
Hi Folmks,
Just updating the stack for the weekly marker prep spaces in a few min.
Wanted to have some material for y’all to follow along.
Let’s get started.
ES Weekly Recap
Last week ES was a trend up week following news of a US China 90 day pause trade deal something or another. We bottomed 30min into globex, and never looked back.
ES weekly low = 5734
Monday
RTH opened at 5860s and offered down to 5805.75, where we rebid - marking a nice swing low, and pumping to 5870s by EOD.
The following Monday evening globex session saw us correct a little down to 5836 - a prior swing high - where we rebid into….
Tuesday
CPI pump - with 5836 as OVN lows and the perfect entry. 5860s-77s-83s marking solid long entries, taking us to 5927s Tuesday HOD - where we proceeded to correct down to 5900.
Wednesday
RTH session was stupid chop. It was very annoying. 5890 to 5917 giga chop. Was NOT even worth trading that day.
Wednesday evening globex offered down to 5860s, where we rebid into
Thursday
PPI pump taking us to 5944, where we then corrected back to 5917 and rebid, marking lows into Fridays session.
Friday
OVNL was around 5923-24, and we saw a slow grind trend up day on mopex to 5977.
And then the market got moody and here we are.
Important ES Levels
5949 = 2025 Open
5885 = SPX 5864
SPX 5864 = MUST HOLD FOR BULLS Level
5724 = giga pivot and ~50% gap fill
5836 = prior swing high
5674 = M contract VPOC
5774 = M contract VAH
5688 = May monthly VPOC, and if traded = gap fill
5596 = May monthly lows
Breadth
Seasonality
MEGAS
That’s all for now. Like & subscribe or whatever idc.
Good luck!