Inverse Head and Shoulders Pattern vs Price Action Trading (This is What You MUST Know)

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Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 12 Nov 2020 trading session. In this video, you will find out 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:**

1:35 Market recap
3:56 Trade review
4:30 Inverse head and shoulders
6:48 price action trading
8:55 Wyckoff's Effort vs Result
13:25 Current stock market outlook

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: 3587, 3560; Support: 3500, 3480–3500

Potential setup - Look for potential reversal at the key levels.

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Great explanations and content. Thanks!

AlinaTudorache
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Thanks Ming Jong, great work. Much appreciated.
I wonder if you use Point & Figure charting to determine potential profit targets, and if you do, could you discuss how you carry it out? Thanks again.

cdgenge