✅Week 2 of BTA--The Quest for Perfection
Trade Reviews, SPY and ES Recap and Analysis, Levels, New Board, and Two Flow Gems
🥈Last Week in Review:
Great week overall, but definitely gave into some jitters on Friday as it got late and it looked like there may not be a trade I wanted. (The goal each week will be Price Action perfection.)
This W/L should show the importance of sticking with the nascent method—the one loss was also the only trade that was taken not on the board the previous night.
📝Trade Review for 4/5 Week and How the Annoying Loss was Avoidable
🧗Levels of importance ES/SPY:
5588 (previous monthly, untested), 5600 (w), 5610 (w), 5626 (w), 5632 (w), 563.09 (SPY gap open), 564.24 (SPY gap close), 565.3 (recent high)
*Please note: ES has a triple weekly level just beneath the monthly at 5588—expect strong support there.
🎲SPY/ES Board into this week:
5588 support is still king as bulls continue a consolidation grind upward to test a) the top of the gap range and b) the monthly high at 565. Within this PA framework there are plenty of opportunities for strong plays to the upside and the downside if you know the terrain.
👇YEET Plus:
SPY and ES Board Explainer and Weekly Outlook Video
Today’s Flow Theme: Exploring Varied Contracts to Form a Thesis
The First BTA Flow Trade
Runner Up flow idea