S&P 500 Index
Long
Updated

Short Term Continuation in SP500

146
Very short term trade here... SP500 has showed continuous strength even in the midst of a manufacturing contraction, barring some unexpected event I can see SPX at least getting back to previous highs... Possible cup and handle pattern forming, my stop is at the previous low and once the previous high is met I will place a trailing stop loss...

Thanks for checking out this idea and be sure to like and follow!
Note
Will likely close trade manually end of day
Trade closed: target reached

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.