Demand was spotted in S&P 500 plus how to trade up thrust

7 сент. 2020 г.

Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 7 Sep 2020 trading session. In this video, I am going to show you the market recap during the last session and potential trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Also, I will talk about the four major indices e.g. NASDAQ, Dow Jones, RUSSELL 2000 and the S&P 500. Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.

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: 3487–3560; Support: 3400, 3340

Potential setup - Look to long near 3400 or 3340 upon reversal.

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