Trade Plan for 3/2-3/6

In a world of ever changing news all that matters is having the best levels

Last week I thought we could see imminent upwards or sideways indices chop for a day or 2. Since the initial move was downwards on Monday, the ‘sideways chop’ was more violent than I anticipated, but correct nonetheless. More importantly, my levels were outstanding and led to both buying and selling the extremes:

The first $ES/SPX futures bounce of the week was from 6832.75 vs my 6833.00. 🎯💰 The second bounce of the week was from 6828.50. 🎯💰 My resistance level was 6951.00 to start getting bearish✅ (with bullish confirmation higher.)

I was most confident 🍸🍸🍸 that metals would close the week higher and got a great 4hr $GC/gold futures breakout trade from end of day on Thursday.

My crude levels performed well as the low of week was 63.60 vs my 63.69.

Summary of Market Action Last Week:

· The indices dropped on Monday, recovered on Tuesday into Wednesday and then declined from Thursday into the end of the week. $RTY/small caps futures held relative strength into Thursday, but was the big loser on Friday and ended the week losing the most. $NQ/Nasdaq futures was the slight (and surprising) relative strength winner.

· Precious metals posted strong gains for the week. $GDX/gold miners held strength against the indices for a second week.

· $XOP/oil equities closed positively for the forth week in a row and $CL/Crude Oil futures booked a slight gain.

Here’s how last week closed out:

For the week ahead (3/2 – 3/6/26)