S&P 500 range trading with a trade review on up thrust after distribution

Since there was no follow through to the downside on Monday, yesterday S&P 500 continued to edge up until it hit the prior swing high at 3145, which triggered a reaction down. so far S&P 500 futures is still within the H1 trading range between 3060–3160.

Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 24 Jun 2020 trading session. In this video, I am going to show you the market recap on the last session, plus one trade review in the M3 timeframe…