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S&P 500 Index
Long

Long Back to 2018 ATH

By mortdiggiddy
Updated
After the short triggered from the previous resistance at the 2018 ATH, I am adding small longs at this position and down to the 50 Week / 200 D SMA. SPY QQQ TLT IWM VXX UVXY DXY
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The target will be updated in the following sessions, I am looking to long to the Daily ATR Trailing Stop that is just below the 2018 ATH in response to this Weekly ATR Trailing Stop tag.
snapshot
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Bouncing snapshot
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snapshot
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Dow futures showing similar setup. Note that only ES and NQ (SPX and NDX futures) made new ATHs. Dow just missed the mark. snapshot
Trade closed: target reached
Taking some profit at $2850.
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DJI 200 DMA holding it up, as well as confluence of other support. snapshot
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Nasdaq futures breaking out on volume. Target shown above at Daily ATR Stop. snapshot
ES Target 2900-2920 remains.
Chart PatternsdowjonesTechnical Indicatorsnasdaqnasdaq100S&P 500 (SPX500)Trend Analysis
mortdiggiddy
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