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S&P 500 — will yesterday candle stop the uptrend for now?

Ming Jong Tey
2 min readSep 4, 2020

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Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 4 Sep 2020 trading session. In this video, I am going to show you the market recap during the last session and three trade reviews in the three-minutes timeframe (including entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay attention to, my trading plan for the session later.

Check out my daily market analysis video in the last session if you haven’t in order to better relate to the market recap and the trade review.

Bias — neutral (Day trading); bullish (long term)

Key levels — Resistance: 3487–3560; Support: 3400

Potential setup — Look to short upon rejection from the supply zone at 3487–3560.

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Ming Jong Tey
Ming Jong Tey

Written by 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/

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