S&P 500 futures pending breakout from apex formation

Ming Jong Tey
2 min readMay 12, 2020

On H1 timeframe, S&P 500 is consolidating within an apex formation pending breakout. On daily chart, it is still above 2900 key support level, which is bullish.

Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 12 May 2020 trading session. In this video, I am going to show you the market recap on last session including trade review in M3 (entry, exit and the rationale behind), the bias going forward, the key levels to pay attention to, and the potential setup for the US session later.

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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/