SPX supply
The recommended action is to purchase SPX supply at the current price of 5204.35. As the supply increases to 5300.00, 5400.00, and 5500.00, the investment potential grows, indicating a positive trajectory for potential gains. However, it's essential to mitigate risks, hence setting a stop loss at 5100.00 to safeguard against significant losses. This strategy allows for capitalizing on the upward movement of the SPX supply while maintaining a prudent approach to risk management. By strategically monitoring the supply levels and adhering to the established stop loss, investors can optimize their investment strategy and potentially reap substantial rewards in the market.
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.