Get started
S&P 500 Index
Long

SPX500 Retracement

By Ethereal
Updated
For this chart I used Modified Schiff Pitchfork.
snapshot

Now price is on the Median of this Pitchfork, we can already see how price jumped back up after reaching it. This gives this low risk Buy order.

Be sure to leave a comment or click the like button.

Ethereal
Note
snapshot I took the trade and It doesn't look good. I will leave it anyways. I will short it in case of break down.
Note
snapshot Looks better now.
Note
snapshot Sell order activated.
lostS&P 500 (SPX500)
Ethereal

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.