Qtaiba Al-Khamisi
Hi investors and followers of eToro , πŸ‡ΊπŸ‡ΈES Futures – Short-Term Trading Range Expected intraday range: ➑️ 6,750 – 6,900 The market is currently trading between strong support near 6,800 and resistance around 6,900–7,000, creating a consolidation zone. πŸ“‰ Key Levels for Traders 🟒 Support Zones 6,800 β†’ main short-term support 6,750 – 6,730 β†’ strong buying zone 6,710 β†’ breakdown trigger level 6,600 β†’ major support near the 200-day moving average πŸ‘‰ If 6,710 breaks, selling pressure could accelerate toward 6,650 – 6,600. πŸ”΄ Resistance Zones 6,850 – 6,870 β†’ intraday resistance 6,900 – 6,915 β†’ major supply zone 7,000 β†’ psychological level / breakout area πŸ‘‰ If 6,900 breaks, the market could move quickly toward 6,950 – 7,000. ⚑ Likely Market Scenarios 1️⃣ Range-Trading Scenario (Most Likely) The market trades sideways between: 6,750 – 6,900 This often happens when traders are waiting for macro news or geopolitical developments. 2️⃣ Bearish Scenario Trigger: Break below 6,750 Possible targets: 6,710 6,650 6,600 3️⃣ Bullish Scenario Trigger: Break above 6,900 Possible targets: 6,950 7,000 7,050 ⚠️ Volatility Volatility is currently higher than normal, which means: larger intraday swings more false breakouts Traders are watching risk events closely, so moves can accelerate quickly. πŸ’‘ Simple intraday trading plan used by many traders Long zone: 6,740 – 6,770 Short zone: 6,880 – 6,910 Breakout levels: 6,900 (upside) or 6,710 (downside) Regards, Qtaiba AL-Khamisi ⚠️ Risk Warnings: Copy Trading does not amount to investment advice | Your capital is at risk | The value if your investments may go up or down. | Past performance is not indicative of future results. $SPX500 $TSLA (Tesla Motors, Inc.) $META (Meta Platforms Inc) $GOOG (Alphabet) $GS (Goldman Sachs Group Inc) $GOLD $GLD (SPDR Gold) $SILVER $ADYEN.NV (Adyen NV) $RACE (Ferrari NV) $TSM (Taiwan Semiconductor Manufacturing Co Ltd - ADR) $AMZN (Amazon.com Inc) $UBER (Uber Technologies Inc.) $ORCL (Oracle Corporation) $BAC (Bank of America Corp) $OIL
Not investment advice. The author may have financial interests in the mentioned instruments.