Market analysis and trading signals for the week
11/05/2026 – 15/05/2026
* Please note – changes to stock exchange operating hours for President’s Day starting tomorrow, Monday in the USA.
* Please note – this week on Tuesday at 14:00 EST Treasury Budget announcement, it is recommended to be out of the market when economic announcements are published.
* Please note – changes to stock exchange operating hours on the occasion of Good Friday this coming Friday.
* Attention – we have moved to trading on December 2024 contracts. Symbol: ESM25, NQM25, YMM25, RTYM25 etc.
This week the market opened with a 30-50 correction almost to the previous breakout price and on Wednesday broke out higher and created a new all-time high price. Finally the market closed with a nice increase of 162.50 points compared to last week’s close at 7420.50 points.
Nearby weekly support lines:
Support line: 7286.50? – 7270.75!
Support line: 7202.25!
Support line: 7121.00! -7086.75
Support line: 6896.75? – 6857.25!
Support line: 6645.25!
Support line: 6527.25!
Resistance lines on a weekly level:
Resistance line: 7499.00?
Resistance line: 7577.50!
Resistance line: 7727.25!
The ATR20 index shows a movement of 83.56 points, a decrease of 4.5 points from last week’s fluctuation.
In the decreases the daily fluctuation increases and at highs the daily fluctuation decreases. As a reminder, the annual average of the contract is 91.18 points.
Weekly tip – It can happen to veteran traders too!
Yes, it happened to me this week, two stupid technical mistakes that I haven’t experienced in a while.
One, I entered a SPREAD YM-RTY trade, all focused on being the most accurate in execution, and I’m talking to one of the students. I tell him “Wait, wait, like this for a second…” trying to enter the trade at the right time on the other side of the SPREAD contract. I enter and… everything goes great, how fun.
After a while, I close the trade with a nice profit and discover… that I’m in demo and not real money. I forgot to return the system state to real money after the demo.
Second mistake, I’m already in a SPREAD 2RTY-1ES trade, everything is fine, waiting for the gap to close. Then I see an opportunity for correlation with the NQ. Enters, takes a bite pretty quickly, by dragging the stop until it is caught.
Then… after a few minutes I hear the system beeping to execute an action in the market. And I did nothing, waiting for the gap in the SPREAD to close.
And what I discover is that the market put me long during the strong decline that happened within seconds and I was in a long deal with the NQ at a time and place I did not plan. This was the limit order to close the short earlier.
Conclusion, before every action, check that all systems are working properly and after each closing of a deal, click on cancel all orders in the system so that I do not enter an unplanned trade.
Which group of people do you want to belong to?
Checklist:
The market is at an all-time high.
The market opened by testing the resistance price of 7200.00 from above and then rose almost continuously upwards and closed the week at a new all-time high, today’s high at 7420.50 points.
The market now has room to go back down to test the resistance prices that were broken in the last three weeks. As long as the market remains above the price of 7086 points, the positive trend and atmosphere will remain and the bull will try to create new highs this week as well.
The war with Iran is not over yet. An attempt is currently being made to economically pressure the blockade.
If the fire war resumes, we will see very strong fluctuations up and down. As long as the US keeps oil and gas flowing in the Gulf, the price will remain more or less the same as in recent weeks. If there is a significant attack on international ships by the Iranians, the market will respond with sharp declines and oil prices jumping again, to new highs.
It is important to determine for the market what its main direction is, especially for those who trade on a daily, intraday, leveraged trading level. Let the market do its thing and you will react according to the trading strategy you have chosen to trade.
For those who do not yet understand, knowing how to read the moves in the DOM trading window is very essential for understanding the market and making trading decisions. In addition, every trader must understand the psychology of price movements and how he can, according to 2 simple rules, almost completely prevent unnecessary losses.
The combination of trading on daily support and resistance levels + quick reaction to correlation between indicators and taking advantage of price gaps that open between indicators, is exceptionally successful in creating opportunities for very safe profits.
The combination of trading on daily support and resistance levels + rapid response to correlation between the indices and taking advantage of price gaps that open between the indices, is exceptionally successful in creating opportunities for very safe profits.
*Trading with the trend:
Expect opportunities for long, when there is a confirmation of overlapping stochastic and DMI and the market reaches a price level of 6352.25 points in the price range up to a price of 6641.75 .
Expect opportunities for short, when there is a confirmation of overlapping stochastic and DMI and the market reaches a price level of 6914.50 points in the price range up to a price level of 6404.50 points.
*Money management:
Support 1 contract Long at 6523.75*?! (very close to the market price) when there is a confirmation of overlapping stochastic and DMI.
Support 1 contract Long at 6404.50! When there is a confirmation of overlapping stochastic and DMI.
Support 1 contract Long at 6133.00! – 6053.50 When there is a confirmation of overlapping stochastic and DMI.
Resistances respectively: Exit 1 contract at 6914.50 points, Exit 1 contract at 6760.00 points, Exit 1 contract at 6352.00 points, at the end of a trend or towards the end of the day.
Resistance 1 contract Short at 6808.50! points (Very close to market price) when there is a confirmation of overlapping stochastic and DMI.
Resistance 1 contract Short at 6914.50? points when there is a confirmation of overlapping stochastic and DMI.
Resistance 1 contract Short at 7036.00! – 7090.00 points when there is a confirmation of overlapping stochastic and DMI.
Respective supports: Exit 1 contract at 6404.50 points, Exit 1 contract at 6641.75 points, Exit 1 contract at 6914.00 points at the end of a trend or towards the end of the day.
* People who read the review were also interested in the GOLD Course.
* Buy and sell prices are based on a weekly forecast in advance. Decisions must be made on a daily basis each day, based on what the market did during the previous five days and the last day.
** Receiving a password for the demo software will be done by contacting Geva Gazit personally and with the approval of TransAct support.
*** Futures trading involves risk and is not suitable for everyone. The signals and reviews on this site are personal opinions and should not be considered as an automatic recommendation to perform any trade on the basis thereof. Responsibility for performance of trading positions is only by the trader.
Successfully,
Geva Gazit – CEO Geva International Trading
An active trader in futures contracts, a mentor, a coach and an amazing lecturer
