S&P 500 IndexLong
Two zones to long the SPX500
Hello Traders, there are 2 zones that you can enter market.
the first one is between 5980 and 5950. If it coincides with Bollinger lower band, it could go up more sharply.
in that case top of red bearish channel could be considered as the 1st tp.
The 2nd option available after breaking the top zone, in reverse to 6132 we could enter the market again. Remember that again Bollinger band could help us to confirm the long trade. 6240 could be used as TP, as well as the higher band of Bollinger band is a good place to take profit.
the first one is between 5980 and 5950. If it coincides with Bollinger lower band, it could go up more sharply.
in that case top of red bearish channel could be considered as the 1st tp.
The 2nd option available after breaking the top zone, in reverse to 6132 we could enter the market again. Remember that again Bollinger band could help us to confirm the long trade. 6240 could be used as TP, as well as the higher band of Bollinger band is a good place to take profit.
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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.
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.