April 29 – Divergence to Acceptance: Precision Wins on Both Sides – ESDaily Gameplan

Both shorts and longs hit target after respecting preplanned zones. Trade 1 played the supply rejection perfectly. Trade 2 required live adaptation — and rewarded patience

Tuesday April 29, 2025

There’s been no shortage of chances for this market to fail.

April 21 gave us one of the hardest down days of the year, slicing the ES down to 5127.25. A flush that clean usually cracks the foundation — but this time, something different happened.

Since last Monday, every dip has been absorbed.

Every attempt to break support has been met with aggressive buyers stepping in — higher lows stacking up day after day.

It hasn't been perfect. But each dip has been a failed breakdown of previous support, a key opportunity. I wanted to be prepped to take advantage of this if it were to continue.

The tape has spoken: bulls have been building pressure, winning the most recent intraday battles.

Coming into Monday, April 28, we were trading right on top of the “4/2 Shelf” — a tangled area of former supply and resistance. Four green days in a row had brought us back to the doorstep.

Now the question wasn’t whether buyers were present — it was whether they still had the strength to step in on real weakness.

This wasn't a day for guesswork. It was a day for precision.

I started the day with a clear thought: lean into prepared levels, respect structure, and stay flexible if the market shifted under our feet.

It delivered — twice.

First came a perfect divergence into listed supply from Monday’s April 28 newsletter at 5575(S), setting up a short that moved cleanly through all three targets.

Then came the patience test — waiting for a deeper flush after a failed bounce — and the reward: a reclaim long at 5504 that ran straight back through stacked resistance.

Two trades, two directions.

But one thing was paramount — the preparation did most of the work for us.

Trade Review — April 28, 2025 - 2 Trades

Trade #1 — Short from 5575.5 - Result - T1/T2/T3 hit. T4 taken same as Trade #2

The first opportunity of the day came exactly where we prepared for it.