hope everyone had a good week, Here's a look at the S&P 500 from the 4H chart. * The index has been trading in a ascending channel which saw a breakout of structure and a retest of the structure * This move could signal continuation with the bears should momentum continue with the bears * watching to see if structure holds and if it does that changes the plan, significant moves with the bears trigger the trade.
* follow your entry rules on entries * significant moves with the bears change the plan. * TIGHT SL
lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
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