Holding the Line or Slipping Below?
This Level Could Break the Back of the May Rally
After a textbook selloff yesterday — gap down, mid-day grind up, and an afternoon flush — today’s price action is opening deep in the red. If you’re not paying attention now, you’re trading blind.
👉 ES is already down -0.70%
👉 NQ is off by -0.82%
👉 And we’re sitting just inches above the May 1st monthly open
If that level gives way, we’re not just retracing — we’re rewriting the narrative for May.
The Blueprint Breakdown: What Traders Need to Watch
ES 5600 = The Pivot of Power
If we lose this zone, 5500 becomes the magnet. Every bounce below 5600 must be viewed as suspect until reclaimed.NQ 19700 = The Thin Ice
NQ’s weakness is more pronounced. Below 19,600? Say hello to 19,300 or even a reversion to 19,000.Sentiment Shift = Opportunity Surge
VIX ticking up. Liquidity thinning. These are the moments where structured traders thrive — if you’re prepared.Missed the Setup? Learn the Framework
If this level of structure surprised you… don’t let it happen again.
The Smart Trader’s Blueprint (60% off today only – use code: BLUEPRINT60)
The Funded Trader’s Playbook — Stay consistent. Stay funded. Get paid.
Today's Execution Blueprint
Let the first 30–45 mins play out — avoid pre-market bias traps.
Reclaim of 5600 or 19,800? That’s your green light for a bounce-to-VWAP strategy.
Failure to hold? Then structure your trades around breakdown zones and continuation moves.
Don’t Trade This Week Alone
This week is not about guessing. It’s about precision, patience, and preparation.
Drop “LiveEdge” in the comments for a free guest pass to our next session. Spots are limited to protect the signal.
— Shawn
Disclosure
The information provided in this article is for educational purposes only and should not be considered as financial advice. Trading and investing in financial markets involve substantial risk, and it is important to conduct your own research and consult with a qualified financial professional before making any investment decisions. The author is not responsible for any financial losses or gains that may result from actions
Trading futures, stocks, and options involves significant risk and is not suitable for all investors. This content is for educational purposes only and does not constitute financial advice.