Here are the important levels you need to know in swing or day trading S&P 500 [Video]

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Here are the important levels in S&P 500 futures (ES) that you need to know for day trading and swing trading to achieve a high reward to risk ratio.

Watch the video below to find out the tradingplan for shorting S&P 500 based on the Wyckoffmethod and the long and short term directional bias.

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The bullish setup vs. the bearish setup is 176 to 231 from the screenshot of my stock screener below. The directional bias for S&P 500 (ES) is still to the downside. Shorting into strength is preferred when swing tradingin the confluence area as mentioned in the video.

Chart

For stock trading, there are a handful of outperforming stocks in the home builders, precious metals and biotech groups. Only the grade A+ trade entry setup will be considered as volatility in the market still does not favor swing trading.