SPX500 Long - riding upward momentum
SPX500 is in position for a long trade with stop loss below the freshly established support & resistance box.
Need to play safe with trend following trades to avoid reversal big loss.
Need to play safe with trend following trades to avoid reversal big loss.
Trade active
Trade closed: target reached
Closing 70% and moving stop to breakeven for incoming U.S. inflation dataNote
70% closure price - 4392.10Trade closed: stop reached
30% stopped at break even
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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.