S&P 500 IndexLong
SPX Buy At 5350 Target At 7500 (Buy Trade Setup)
Updated
I will be placing my buy order on ES market open Sunday afternoon. The S&P is EXTREMELY bullish and still has over 2000 points of upside potential before the November 2025 dump.
My ultimate price target for S&P for 2042 is 16,000
I will be risking 100 points or at 5250 for 2150 points
One MES contract if that is all one is able to afford, is $500 risk and $10,000 reward. 25:1
The S&P is extremely bullish compared to Dow Jones. I believe S&P is leading while Dow is slightly behind.
The conservative entry would be the daily close above the counter trend line.
My ultimate price target for S&P for 2042 is 16,000
I will be risking 100 points or at 5250 for 2150 points
One MES contract if that is all one is able to afford, is $500 risk and $10,000 reward. 25:1
The S&P is extremely bullish compared to Dow Jones. I believe S&P is leading while Dow is slightly behind.
The conservative entry would be the daily close above the counter trend line.
Note
I will enter on the break of the falling wedge pullback using the same 100 point stop and 2000 point target. 20:1I changed my mind on Sunday open, I will be conservative and wait.
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.