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...
As mentioned in my daily market analysis video yesterday, Friday's price action in S&P 500 was a sign of weakness. Yet, there was no follow through to the downside yesterday, which violate the scenario of sign of weakness. Instead, it could be a spring scenario within the trading range between 3060–3160.
Check out the video for a complete walk through of the...
Last Friday S&P 500 had increasing supply, which took the price down to slightly below the support level at 3060. This is a sign of weakness within the trading range from 3060–3160. A commitment below 3060 will see S&P 500 to have a test of the prior swing low 2930.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures...
Yesterday S&P 500 formed a narrow range with lower volume, suggested lack of supply in the market. A break above 3160 could see S&P 500 to test 3180 followed by 3230.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 19 Jun 2020 trading session. In this video, I am going to show you the market recap on the...
Yesterday S&P 500 broke out the symmetrical triangle pattern formed in H1 during the London session but end up becoming a failure during the US opening session. Yet there was no follow through to the downside. So far S&P 500 futures was stuck in a smaller trading range between 3060–3160.
Check out the video for a complete walk through of the daily market analysis...
Yesterday S&P 500 futures tested the previous day high level at 3068 and subsequently rallied up and consolidated via a symmetrical triangle (or apex formation). It broke out the apex formation earlier on during the London session. It is anticipated to at least test the swing high at 3156.
Check out the video for a complete walk through of the daily market...
After a spring below the maximum Point & Figure (M5, ATR 20) target projected at 2938, S&P 500 had a strong rally up and so far recovered more than 50% of the sell off bar in 11 Jun 2020. On the daily chart, it is supported at the top of the re-accumulation range from Apr-May 2020. A test of the high of the sell off bar near 3180 is expected.
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After a sharp sell off on last Thursday followed by Friday's automatic rally, S&P 500 ended merely closed above 3000. The automatic rally on last Friday was relatively weak without even attempt to recover level 3100. It also created a lower low, which was a sign of weakness (SOW), which I mentioned in my market roundup posted on Sunday. The character of the down...
Yesterday S&P 500 futures had the biggest slump together with the highest volume since the bottom in 23 Mar 2020. This is definitely a change of character of the uptrend since the bottom in March.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 12 Jun 2020 trading session. In this video, I am going to show...
S&P 500 futures slumped 1.6% to 3130 as of the current London session with increasing supply. Yesterday heavy selling was observed during the first two hours and the last two hours of the US session. Current level around 3130 might provide some support. Should S&P 500 violate this level, it could hit the Point & Figure distribution projected targets from...
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 10 Jun 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 entry, exit and the rationale behind). Going forward, I will cover the bias, the key levels to pay...
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 9 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 (including entry, exit and the rationale behind) based on a reversal setup at the axis line. Going forward, I will...
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 8 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 (including entry, exit and the rationale behind) based on a test and reversal setup during the London session....
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 5 Jun 2020 trading session. In this video, I am going to show you the market recap on the last session, plus trade reviews in the M3 timeframe (including entry, exit and the rationale behind) based on effort vs results followed by a reversal setup. Going...
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 4 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 M3 timeframe (entry, exit and the rationale behind) based on a breakout, test and reversal. Going forward, I will cover the bias,...
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 3 Jun 2020 trading session. In this video, I am going to show you the market recap on the last session, plus two trade reviews in M3 timeframe (entry, exit and the rationale behind) based on reaction, test and reversal while the other trade based on effort vs...
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 2 Jun 2020 trading session. In this video, I am going to show you the market recap on the last session, plus potential trade reviews in M3 (entry, exit and the rationale behind), the bias going forward, the key levels to pay attention to, and the potential...
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 1 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 M3 (entry, exit and the rationale behind) based on the reversal from the resistance zone, the bias going forward, the key levels to...
