S&P 500 futures confirms supply absorption with higher targets — daily market analysis

Ming Jong Tey
2 min readApr 30, 2020

S&P 500 futures stay relatively flat after yesterday strong rally boosted by solid earning from technology companies.

Check out the video below for a complete walk through of the daily market analysis of S&P 500 futures for 30 Apr 2020 trading session. In this video, I am going to elaborate the bullish bar yesterday, if the bearish up thrust scenario still valid, the bias going forward, the key levels to pay attention to, and potential setup for later US session.

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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/