News•Mar 10, 2026
Is the Bottom In For SPX? March 11 Plan
The newsletter dissects recent S&P 500 E‑mini (ES) moves, labeling rapid sell‑offs as "elevator down" events that trigger failed breakdowns and short squeezes. After a sharp dip to 6588 on Sunday, the index rebounded to 6850, repeatedly testing the 6778‑82 zone. The author outlines key retracement levels—6738‑42, 6700, 6832, 6850, and 6918‑21—and sets a bullish plan for March 11. Readers are urged to watch for another failed breakdown as the next catalyst.
By S&P 500 (SPX/ES) Trade Companion