Breakout from the falling wedge to test all time high? S&P 500

S&P 500 futures (ES) just broke out from the falling wedge pattern and you will find out how to seek confirmation if this is a successful breakout and how to take trade accordingly.

Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 27 Nov 2020 trading session. In this video, you will find out the market recap during the last session and a trade review 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.

Watch 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.

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

Key levels - Resistance: 3640, 3660; Support: 3600, 3587

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.