ES Morning Update March 6th 2025
Down early in the day and rally into late in the day repeated again yesterday as the market carves our a short term bottom before another move down. There was another FP on the SPY of 575.07 around 1:26 pm EST yesterday, which leads me to think we are in for some wild swings in both directions before we drop hard again. As I posted yesterday about the various upside FP’s on the SPY I think we will see them hit and the downside one too. I just don’t know the order at which this happens?
My best guess is that we go up to the 587.96 or 589.07 FP first (like today maybe?) and then down to the new 575.07 FP (Friday after Non-Farm Payroll?), followed by one last rally up into Monday to hit the highest FP at 594.22 on the SPY. That’s a bunch of wild swings but keep in mind that the market loves to trick and trap both sides before another large trend move, which should be down hard into the end of next week.
I’m not interested in going against the trend, which is down right now of course. I’m more interested in shorting the rips to the FP’s as I think we will see the 5500-5600 level hit on the next big drop. So, if we rally up today to at least the 587.96 FP I think it’s a short to the 575.07 new FP, and from there we could (should) see another move up (how high I don’t know?) which might go up to one of the higher FP’s into Monday?
Hard too know for sure on that one, but if that happens it’s another chance to short in my humble opinion. It’s not easy when the market is in one of these modes but the next drop, which should start next week, is going to wipe out a ton of bulls.
Have a blessed day.
Source: http://reddragonleo.com/2025/03/06/es-morning-update-march-6th-2025/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,680,283,606 |
| Stories: | 8,364,973 |
Whistler Blowers, Insiders
