S&P 500 IndexLong
[Long or Short?] Feb 10 - Feb 14
Hi, guys!
It is a bit late to post it.
So, let's start it right away!
1. Hold line; trend line : 3222.4
2. Pressure line; hard to break : 3440.1 - 3500.2
3. Support line; heavy resistance zone : 3021.5 - 2974.8
The result is If the flow follows the trend, we can see it will try to break the pressure line.
We have a heavy support zone and are above the trendy line.
Moreover, my indicators keep showing that we have to keep a long position.
Of course, we will see fluctuate situations a lot.
Therefore,
It doesn't matter where you play, please keep that volume small.
I would not recommend playing aggressive way; need to conservative/passive way.
Thank you for reading it!
See you next week!
It is a bit late to post it.
So, let's start it right away!
1. Hold line; trend line : 3222.4
2. Pressure line; hard to break : 3440.1 - 3500.2
3. Support line; heavy resistance zone : 3021.5 - 2974.8
The result is If the flow follows the trend, we can see it will try to break the pressure line.
We have a heavy support zone and are above the trendy line.
Moreover, my indicators keep showing that we have to keep a long position.
Of course, we will see fluctuate situations a lot.
Therefore,
It doesn't matter where you play, please keep that volume small.
I would not recommend playing aggressive way; need to conservative/passive way.
Thank you for reading it!
See you next week!
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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.
Related publications
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.