Welcome back, traders—it's time for your Weekend Review!
After taking a much-needed break and watching the market action from the sidelines, I'm back rested, refreshed, and excited to dive right into it with you. In this week's video, I'll provide an in-depth analysis of the S&P 500 / ES Futures), highlighting significant levels you need to watch—especially as we kick off Monday's trading.
We've seen quite the recovery bounce from critical support around the 4820 area, pushing us into key resistance zones around 5626.50 to 5718.75. Although things currently have a bullish tone at these highs, I'm eyeing this area closely as a prime spot for a potential reversal lower. In the video, I'll walk you through exactly why I see this playing out, alongside my thoughts on some big-picture moves that may be on the horizon.
We'll also discuss the volatility index (VIX) and how its movement could align with our S&P 500 outlook, along with quick takes on the "MAG 7" stocks and where I see strong trade setups forming.
Don't forget—I encourage everyone to check out ALGO ONE, our flagship trading indicator. It automatically identifies proprietary support and resistance levels, helping traders navigate the markets with greater confidence.
If you have questions or thoughts after watching the video, drop a comment below, or even better, come join the conversation in our Discord channel. Hundreds of active traders are already there, exchanging insights, ideas, and real-time market strategies. Click the button below to join the Discord community now.
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Have a fantastic weekend, stay patient, stay disciplined—and together, we will conquer the markets!
Ryan Bailey
VICI Trading Solutions
📌 Significant Levels for S&P 500 (ES Futures):
Weekly Levels:
5626.50 – 5718.75: Major resistance zone; key short area.
5297.50: Critical weekly POC and previous weekly resistance/support; major pivot.
4820 – 4764: Significant weekly/monthly support zone; heavily tested and strong.
4816.75: Gap fill; significant weekly and monthly untested support. "Beautiful spot."
4384 – 4317 (with emphasis on 4317 monthly leg): Long-term monthly downside target area mentioned for possible lows if support fails.
4205: Real monthly support leg; important longer-term downside target area.
5483.75 – 5500: Initial weekly resistance area to watch closely for possible reversals or continuation.
Daily Levels:
5753 – 5726.50: Key resistance (Weekly & Daily leg down); favorite short zone.
5674 – 5718.75: Preferred Weekly & Daily resistance area; ideal short setup location.
5543: Technically untested daily resistance (less preferred but still notable).
5483.75: Crucial first daily resistance; bullish if price holds above this level.
5297.50: Major daily and weekly pivot; key decision point.
4-Hour Levels:
5249.25: Significant tested 4-hour level; under this triggers likely deeper selloff.
5231.75: Possible lower support; critical "sweep and reclaim" zone if tested.
1-Hour Levels:
5282.75: Strong 1-hour support; aligns closely with weekly level 5297.50 and previous daily POC.
Important VIX Levels (Volatility Index):
32.44: Critical support—if broken lower, expect further upside in equities.
28.20: Key lower untested support for VIX; potential bounce zone.
🔑 Summary of Levels and Bias:
Short-term bias: Bullish above 5483.75–5500 range (daily/weekly pivot area).
Intermediate-term bias: Bearish, especially if the market reaches the strong resistance area (5674–5718.75 weekly/daily).
Long-term outlook: Watching lower monthly areas (4317–4205) if broader selloff resumes.
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