Morning Plan 02/05/26
Are you buying the dip anon, or letting the dip buy you ?
Good Morning, Gents and Ladies,
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Algorithm Shenanigans
Same drill — this is not a trade signal. If you’re blindly trading off the algo without respecting levels, you’re basically begging for pain.
For today our algorithm suggests that we will see some upside 7 AM PST followed by a swift downturn into 8 AM PST. If we hold the pre market low here, i expect the markets to BTFD again into 10-11 AM PST followed by a sell into close. Remember there is still a ton of data with Amazon reporting after hours. Market participants will not stop dip buying since human race is a slut for hope, and hope is a dopmaine for 99% of traders. Our job is to trade levels in 15 handles ladder on ES or 65 handles ladder on NQ. That’s it. Dip buyers are not reqarded on a swing bases yet as we can see from the gif attached on title hihihihi.
As I have mentioned in the weekly update, our turn date is close to February 11th. So until atleast Februray 10th, stick to daytrades and market will reward your patience.
Important Levels for the Day
ES: 7039, 7007, 6972, 6937, 6875, 6840, 6805, 6773
NQ: 25768, 25587, 25384, 25180, 24817, 24614, 24411, 24229
ES Daytrade Plan
➡️ Key levels (shifted ~-2):
➡️ Support: 6841
➡️ Resistance: 6859–6860
➡️ If 6841 breaks (downside path):
➡️ Below 6841 → 6826 ±1 → then 6798 → then 6783
➡️ If 6860 breaks (upside path):
➡️ Above 6860 → 6883 → 6900 → then 6923
➡️ Bias / day-type read:
➡️ Early flush + upside reversal is on the table; 6826 ±1 (lower WER edge) is the “bounce-or-break” zone.
➡️ Clean break + acceptance below 6826 increases odds of a trend-ish sell day (still not my base case).
Potential trades:
➡️ Reversal long (preferred): Let price flush 6826 ±1, then enter long only after a 5m close back above 6826; stop ~6819; targets 6841 → 6859/60 → 6883.
➡️ Breakdown short: If 5m closes below 6826 and next candle fails to reclaim, short; stop ~6833; targets 6798 → 6783.
➡️ Breakout long: If 5m closes above 6860 and holds, long; stop ~6854; targets 6883 → 6900 → 6923.
➡️ Fade at resistance: Early pop into 6859–6860 that stalls (rejection wick / lower close) → short with tight stop ~6864; targets 6841 → 6826 ±1.
And yes — just in case you forgot:
This isn’t financial advice. It’s Financial Improv.
Until next time,
Wicky


Thanks wicky for guiding us
Thanks Wicky, I am up close to 800% just today with your trades :D its unreal. You sir are a mfn sniper