S&P 500 futures (ES) had a narrow range on yesterday with no commitment to either direction. That was accompanied by lower volume. S&P 500 still stays above the axis line at 3180, suggests a possibility to have a rally to test the swing high resistance at 3230.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 17 Jul 2020 trading session. In this video, I am going to show you the market recap on the last session. Going forward, I will cover the bias, the key levels to pay attention to, the potential setup for the US session later.
I encourage you to watch my daily market analysis video yesterday below 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: 3230, 3310; Support: 3170–3180, 3105, 3060–3080
Potential setup - Look for reversal signals around the key support or resistance levels, 3180-3190 and 3230.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 17 Jul 2020 trading session. In this video, I am going to show you the market recap on the last session. Going forward, I will cover the bias, the key levels to pay attention to, the potential setup for the US session later.
I encourage you to watch my daily market analysis video yesterday below 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: 3230, 3310; Support: 3170–3180, 3105, 3060–3080
Potential setup - Look for reversal signals around the key support or resistance levels, 3180-3190 and 3230.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Find Out the Top 3 Unknown Stocks Ready to Soar: Click my website below
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.