With today's FOMC Federal Funds announcement, I expect 
ES1! to sweep liquidity below the current range, tapping into the daily liquidity level and daily average sweep zone before reversing higher. From there, I anticipate a push through the 4H Imbalance (IFVG) and continuation toward the daily average expansion area, which aligns with key daily buy-side liquidity.
This move would follow a classic liquidity grab and expansion pattern, with price reclaiming key levels and driving higher as liquidity unlocks. If buyers step in as expected, ES should have the momentum to reach and potentially exceed the daily expansion target. Note weekly FVG above daily expansion level.
However, if ES fails to displace above the 4H IFVG, it would signal a lack of strength to sustain a move higher. In that case, a rejection at this level could trigger a shift in momentum, increasing the likelihood of further downside as liquidity is redistributed lower. If that happens, I will be targeting the daily average expansion level at $5,600.
ES1! to sweep liquidity below the current range, tapping into the daily liquidity level and daily average sweep zone before reversing higher. From there, I anticipate a push through the 4H Imbalance (IFVG) and continuation toward the daily average expansion area, which aligns with key daily buy-side liquidity.This move would follow a classic liquidity grab and expansion pattern, with price reclaiming key levels and driving higher as liquidity unlocks. If buyers step in as expected, ES should have the momentum to reach and potentially exceed the daily expansion target. Note weekly FVG above daily expansion level.
However, if ES fails to displace above the 4H IFVG, it would signal a lack of strength to sustain a move higher. In that case, a rejection at this level could trigger a shift in momentum, increasing the likelihood of further downside as liquidity is redistributed lower. If that happens, I will be targeting the daily average expansion level at $5,600.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.