How to profit from rising wedge pattern - Day trading S&P 500
Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 18 Sep 2020 trading session. In this video, I am going to show you the market recap during the last session and a trade review for a possible trade in the three-minutes timeframe (including entry, exit and the rationale behind). I talked about how to trade the rising wedge pattern in yesterday video. So, today's video, I will also elaborate the detail with trading the rising wedge pattern using the S&P 500 trade as a case study.
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: 3360-3380, 3425, 3450; Support: 3300, 3230
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
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: 3360-3380, 3425, 3450; Support: 3300, 3230
Potential setup - Look for potential reversal at the key levels.
Disclaimer: The information in this presentation is solely for educational purpose and should not be taken as investment advice.
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