LobWedge Research — S&P 500 (ES) & Market Analysis

LobWedge Research — S&P 500 (ES) & Market Analysis

ES Weekly: War, Jobs, and a Channel

ES closed at 6,740 after the worst week since the Iran strikes began. Structural vol shift. CPI Wednesday. The descending channel is in control until it isn't.

LW's avatar
LW
Mar 08, 2026
∙ Paid

ES Weekly Game Plan | Mar 9-13, 2026


ES at 6,740. Down 135 on the week.

Last week started with a 155-point gap reversal that looked like the bottom. By Friday, NFP printed -92K jobs and ES made new lows. The recovery failed. Oil at $87. VIX at 29.49.

The plan caught the levels. The plan can’t control a war.

Updated levels, vol regime analysis, three scenarios, and why this week’s data matters more than usual below.

User's avatar

Continue reading this post for free, courtesy of LW.

Or purchase a paid subscription.
© 2026 LW · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture