S&P 500 finally had broken out the swing high resistance at 3230 on yesterday after close to two weeks of supply absorption activities. The next target is at 3310 where the gap could provide some overhead resistance.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 21 Jul 2020 trading session. In this video, I am going to show you the market recap on the last session, plus a trade review in the M3 timeframe (including entry, exit and the rationale behind) from the London session to the US session. This is one of my favorites day trading setup with high winning rate. Going forward, I will cover the bias, the key levels to pay attention to, 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 to the market recap and the trade review.