S&P 500 IndexLong
SP500 Pullback, Perfect LONG Entry!
SPX near the key resistance level @4305 that it tried to break unsuccessfully 3 times on 25 April, 28 April and 5 May 2022. This subsequently led to a continuous bear run down to the lows of 3643.
I'm expecting at least a slight pullback/retracement from here @4305, back down to 4200 to find support at the 200 Day EMA.
Buy Zones: 4100 (100 Day EMA + Previous support) to 4200 (200 Day EMA)
Stop Loss @ 4066
Take Profit @ 4500
I'm expecting at least a slight pullback/retracement from here @4305, back down to 4200 to find support at the 200 Day EMA.
Buy Zones: 4100 (100 Day EMA + Previous support) to 4200 (200 Day EMA)
Stop Loss @ 4066
Take Profit @ 4500
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