Trade Plan for 7/13-7/17

Price Action > Noise

Last week was a great week of range trading for $ES/SPX futures using both daily diamond consolidation levels and other support/resistances. My levels were incredible and spot on all week (if I do say so myself), and I featured one of my morning notes in a Substack post:

For me, last week was an $ES/SPX futures breakout on both a daily and weekly basis, so this week I give directional bias, resistance levels and what needs to hold in the event of a flush.

I had been waiting for $GDX/gold miners to flush the lows because of some clues I pointed out weeks back. Last week we saw that, so did it do enough? I give my $GC/gold futures bias for this week and levels to trade.

I have a surprising intermediate bias for $CL/crude oil futures and outline why I think what I think and what I am looking for.

Summary of Market Action Last Week:

· The indices rallied last Monday, then chopped into Thursday and despite geopolitical news we saw a rally on Friday. $RTY/small caps futures closed slightly red and with relative weakness for the second week in a row.

· $GDX/gold miners flushed beneath recent lows, but both $GC/gold futures and $SI/silver futures held relative strength.

· $CL/Crude Oil futures closed with a gain, but did drop from midweek highs. $XOP/oil equites closed green after two weeks of showing relative strength against the commodity.

Here’s how last week closed out:

I broadcast hourly charts with weekly and daily levels 23/5 on Discord while futures are open. I give commentary and positioning during market hours.

For the week ahead (7/13 – 7/17/26)