E-mini S&P 500 Futures (CME: ES)
Trade : Buy
Entry : 3685
Target : 3995 (310, +8.41%)
Stop : 3590 (-95, -2.58%)
Posted on Wednesday, December 23, 2020
Note : Will the stock market collapse? Someday, it will happen. However, in my opinion, not yet. Because so-called they don't want. I guess stock market would rise to a very high level that people can't imagine. Even though the market will fluctuate in the short term, stock indexes will go up. Resistances (targets) would be 3995 and 4225. Supports could be 3635 and 3490.
Trade : Buy
Entry : 3685
Target : 3995 (310, +8.41%)
Stop : 3590 (-95, -2.58%)
Posted on Wednesday, December 23, 2020
Note : Will the stock market collapse? Someday, it will happen. However, in my opinion, not yet. Because so-called they don't want. I guess stock market would rise to a very high level that people can't imagine. Even though the market will fluctuate in the short term, stock indexes will go up. Resistances (targets) would be 3995 and 4225. Supports could be 3635 and 3490.
Trade closed: target reached
Yes, SPX hit the target. Now, for the next.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.