S&P 500's up wave to test the prior swing high

S&P 500 futures tested the last hour bar during the London session yesterday and subsequently successfully trend higher and hit the psychological level 3100.

The video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 01 Jul 2020 trading session was not uploaded this site due to some technical issue (uploading process was frozen...). The YouTube video link is in the comment below.

I encourage you to watch my daily market analysis video yesterday if you haven’t in order to better relate to the market recap and the trade review.


Bias — bullish (Day trading); bullish(long term)

Key levels — Resistance: 3140–3160, 3100; Support: 3050, 3000, 2925

Potential setup — Look for a test of the last hour bar (3065–3073) from yesterday to long on reversal.