Breakout or Blowoff? This Gap up Could Define the Week
Livestream Launch Day: Join Us for Real-Time Market Walkthroughs
This morning marks an exciting milestone — we’re going live on YouTube and Discord for the first time during market hours.
https://discord.gg/SRwJfUEd?event=1371254408071090236
https://www.youtube.com/@smarttraderscapital
Whether you’re an active trader or someone trying to sharpen your execution, this is more than just another trading chat. You’ll be able to ask questions on mic, walk through the live setups, and hear the reasoning behind each entry, exit, and market read — in real time.
If you’ve ever wanted to sit on a professional desk or understand how structured traders frame decisions, this is the closest thing to it.
👉 Join us here for the live session — ask questions, learn with us, and see how structure beats emotion.
Market Outlook: Breakout or Blowoff?
After weeks of coiling just below resistance, the market has broken higher on renewed optimism around a potential U.S.–China trade agreement.
ES is up 1.6%, trading near 5854, testing key resistance levels and now within striking distance of the 200 SMA (~5865).
NQ is surging beyond 20,900, already well above its 200 SMA, leading this move with tech strength.
SPY +1.9%, QQQ +2.2%, NVDA +4.5%, VIX -8.5% — classic risk-on signals.
UVXY is down over 10%, volatility is collapsing.
But here's the key: is this rally sustainable or are we in the final blowoff?
Scenarios to Prepare For
🟢 Scenario 1: Breakout + Continuation
If ES holds above 5865–5870, the path toward 5900–5920 opens up.
Trend-following plays will dominate — look for pullbacks to 5820–5830 as entry zones.
🔴 Scenario 2: Sell-the-News
If ES rejects the 200 SMA and slips under VWAP, watch for a reversal back toward 5800, with possible gap-fill to 5770.
This is where emotion shows up — stay objective.
Mindset Tip
Markets have memory — and after a strong rally from April 22nd to today, traders will be watching for traps.
Today’s breakout has strong news backing it, but if price doesn’t follow through, that’s a signal in itself.
Structure > Sentiment. Follow the price, not the cheerleaders.
Final Note
Whether today turns into a “gap-and-go” or a “fade-the-headline” day, one thing is certain: the setup was planned.
If you’ve been following our morning game plans, you’ll know we’ve been watching this consolidation for over two weeks — today is the payoff.
And we’re walking through all of it live with you today.
https://discord.gg/SRwJfUEd?event=1371254408071090236
Come experience what structured, real-time market execution looks like. It may change how you trade — forever.
Shawn