Thursday Jul 31: ES & MES Levels and Setups and Plans for Today’s Trading Session
Thursday July 31, 2025 Thursday’s AM Briefing stressed disciplined trade management following volatile post-FOMC price action. The S&P 500 and Nasdaq futures reached new all-time highs on the back of strong Meta and Microsoft earnings, creating short squeeze dynamics. The speaker highlighted the importance of structured battle plans and strict stop-loss discipline after a mismanaged trade cost a potential 100-point move. With non-farm payroll looming, traders were urged to treat the day as a low-probability “sandwich day” and exercise caution. 📚 RESOURCES ▶️ Free "Futures Foundations Course" ▶️ Become A Member: ES MES Futures Trading Room ▶️ YouTube Community Updates ▶️ Trader Meditations: Journaling Software for Futures Traders ☀️ AM BRIEFING Opening Remarks The Thursday AM Briefing (Episode 482) begins with a guiding scripture from Colossians: "Whatever you do, do it enthusiastically as something done for the Lord and n...