S&P 500 possible inflection point to rally up further

The reaction of S&P 500 futures (ES) yesterday has slight increase of supply. Yet the the progress to the downside was slightly below the support 3140. Today’s price action is important as it provides clues and confirmation for the very short term direction of the S&P 500.

Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 08 Jul 2020 trading session. In this video, I am going to show you the market recap on the last session, plus three trade reviews in the M3 timeframe (including…