S&P 500 - Could this be the last rally up? Daily Market Analysis

4 thg 6, 2020

Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 4 Jun 2020 trading session. In this video, I am going to show you the market recap on the last session, plus one trade review in M3 timeframe (entry, exit and the rationale behind) based on a breakout, test and reversal. Going forward, I will cover the bias, the key levels to pay attention to, and the potential setup for the US session later.

I encourage you to watch my daily market analysis video yesterday if you haven't in order to better relate with the market recap and trade review.

Bias - neutral (Day trading); Up (Swing trading)

Key levels - Resistance: 3135, 3210; Support: 3095, 3065, 3035, 2980 (resistance-turned-support)

Potential setup - look for a test and bounce up from the support areas to long.



Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.