S&P 500 IndexUpdated SP500 weekly long+short setup
A setup for the February pivots. targeting both upper and lower levels of the range. the range prices will square time on february 6.
Trade active
short it is. we hit the midpoint to the millimeter, took half and letting the rest run. let's see if we get the range lows too.Note
after being stopped like animals, after missing by an inch the short target, we finally hit the midpoint. yet another upward gap formed, for now we keep the short open unless it goes above the TP1 level and we flip long there in that caseTrade closed: target reached
that settles it. the midpoint range couldn't pass through, we pocked the gains made and move onto the next trade at breakeven with the rest of the size
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Contact me for the free TG Group "The House of Saturn"
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.