SPX500 just broke and closed above a key daily level, confirming strength after a bull flag formed off a skinny leg up. The plan? Wait for a retest of that flag structure, then ride momentum higher. We’ve got a conservative stop below solid support, making this one of the cleanest, most technically sound setups of the week. Only watch-out: price may not give the retest and could continue running. Either way, structure favors the bulls.
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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.