mingjong

S&P 500 no downside follow through - all time high is on track?

CME_MINI:ES1!   S&P 500 E-mini Futures
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 13 Aug 2020 trading session. In this video, I am going to show you the market recap on the last session and trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, the potential setup for the US session later.

Check out my daily market analysis video on 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: 3385–3400; Support: 3360–3365, 3335–3345, 3300, 3273, 3230

Potential setup - Look for potential short near 3360 upon rejection or long on rebound from 3330.


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

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