In the trade review section, I explain how to trade the breakout, pullback followed by a reversal entry from a trading range. ? Get my free weekly stock trading / investing ideas in email:
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https://www.youtube.com/channel/UC86FwxKYhAxviqnDhfLPOIw?sub_confirmation=1Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 19 Oct 2020 trading session. In this video, I show you the market recap during the last session and 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.
**Timestamps:**
1:05 market recap
4:15 trade review
5:40 Sign of strength rally breakout, pullback followed by reversal
7:15 Avoid first breakout
16:05 false breakout with increasing supply
17:00 Current market outlook
Check out my daily market analysis video in the last session below if you haven't in order to better relate to the market recap and the trade review.
https://www.youtube.com/watch?v=dEnPN48VKZMBias - neutral (Day trading); bullish (long term)
Key levels - Resistance: 3587, 3540, 3490–3500; Support: 3460, 3420–3430
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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https://www.youtube.com/watch?v=lVUGo0d_vhQ