SPX 3889.55 + 1.8 % LONG IDEA * PRICE ACTION AND STRUCTURE

By PULEMokhothu
Hey everyone

Here's a look at the S&P 500, Hope you having a good one
* The ascending structure held with a huge stop hunt / fake out of structure pushed up with the bulls.
* Currently scouting key level / resistance level 3911.90 a break above of this structure signals continuation to the roof of structure .
* Should this structure hold looking for shorts on the index, watching price on this one.

* 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.

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

_________________________________________________________________________________________________________________________

ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE

__________________________________________________________________________________________________________________________


If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Ascending ChannelbreakabovebreakoutsignalChart PatternsTechnical IndicatorspriceactionanalysispulemokhothuSPX (S&P 500 Index)S&P 500 (SPX500)US SPX 500Trend Analysis
PULEMokhothu

Related publications

Disclaimer