Thursday 12 March 2026 · /ES · 30m

3/12 Trade Plan

Bias · Neutral → Pivot around the 200DMA Overnight move completed the expected rejection → now trading around 200DMA support

Key levels

6,913Resistance · 50DMA
6,894Resistance · 100DMA
6,850Resistance · 20DMA
6,763–6,777Resistance · Lower-high rejection zone
6,715–6,693Support · Demand zone / 200DMA (6,695)
6,596Support · March 8th low / next major support

Context

Ironically, the trade I had been waiting for all week finally happened overnight. Price rejected 6,760–6,766 and rotated straight down into 6,693, which was exactly the move I expected from a lower-high failure. Of course it happened at 6pm when I wasn’t even looking, which is probably for the best because that’s the kind of move that creates FOMO if you’re staring at the screen. The good news is the analysis was right. The rejection level worked perfectly and price moved directly into the 200DMA zone, which was the target area for the pullback. Now the market is sitting right on top of that pivot: 200DMA: 6,695 Overnight low: ~6,705 Overnight bounce: 6,760 Current rotation: back toward 6,730 So the key question today is simple: Does the 200DMA hold, or do we break it? If the 6,693–6,715 demand holds, the market can stabilize and attempt another rotation back toward 6,777 → 6,850. If the 200DMA breaks, the next meaningful liquidity pocket sits down near 6,596, which was the March 8th low.

★ A+ Setup

200DMA Support Long

Zone
6,693–6,715
Trigger
Pullback holds the 200DMA; Buyers defend the level; 30min higher low forms
Target
6,760 → 6,777
Invalidation
30min acceptance below 6,693

A+ Setup

Reclaim Continuation

Zone
Above 6,777
Trigger
30min close above 6,777; Pullback holds as support
Target
6,820 → 6,850 (20DMA)
Invalidation
Loss of 6,760

A+ Setup

200DMA Breakdown

Zone
Below 6,693
Trigger
30min close below 200DMA; Failed reclaim
Target
6,650 → 6,596 (March 8 low)
Invalidation
Reclaim of 6,715

Confirmation

  • 1️⃣ Directional 30min close
  • 2️⃣ Reaction quality at 200DMA (6,695)
  • 3️⃣ VWAP alignment
  • 4️⃣ Trade structure extremes only
  • No mid-range trades
  • No chasing moves
  • SPY (30 Min)
  • Potential lower highs between 674.76/676.11. Need to see us reclaim those Fri highs from last week. If we can, back towards the 20DMA is possible.
  • Lower high here drives us back down into the 670 demand.

Best window

10–11:00 AM

How it played out

The primary setup never confirmed, so there was no trade.

price never reached 6693. Measured from m15 bars, ESM6, confirm entry, close beyond the level invalidation. Not a fill, and not a return: see how this is measured.

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Earlier plans