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mingjong
Sep 18, 2020 8:03 AM

How to profit from rising wedge pattern - Day trading S&P 500 

E-mini S&P 500 FuturesCME

Description

Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 18 Sep 2020 trading session. In this video, I am going to show you the market recap during the last session and a trade review for a possible trade in the three-minutes timeframe (including entry, exit and the rationale behind). I talked about how to trade the rising wedge pattern in yesterday video. So, today's video, I will also elaborate the detail with trading the rising wedge pattern using the S&P 500 trade as a case study.

Check out my daily market analysis video in the last session if you haven’t in order to better relate to the market recap and the trade review.



Bias - neutral (Day trading); bullish (long term)

Key levels - Resistance: 3360-3380, 3425, 3450; Support: 3300, 3230

Potential setup - Look for potential reversal at the key levels.

Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Comments
allenrafsan
awesome analysis!!!!
mingjong
@allenrafsan, thanks mate
Mostakim32
Thank you so much for your analysis, your education is worth millions.
mingjong
@Mostakim32, Thanks for the kind words. Use them and let me know how you go.
IrinaMita
Amazing work...Appreciate your effort..
mingjong
@IrinaMita, Thank you.
Annakowalska
This video provide lots of information, thank u
mingjong
@Annakowalska, cheers, glad you find it helpful.
wijitha
thank for sharing lot more information
mingjong
@wijitha, welcomed :)
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