Is the S&P 500 rally done yet? What’s next?

Ming Jong Tey
2 min readApr 5, 2020

3 Apr 2020 recap — ES did rally to level 2525 and was rejected again. In smaller time frame ( M1 , M3 ), it did provide great short entry after the up thrust of the level. However, ES only managed to test 2450 and bounced up from there. The low volume without aggressive demand caused ES to drift down. Should ES still…

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Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/