S&P 500 IndexLong
SPX500,,,H2,,, UPDATE
Waiting for breakout
It can be the end of the correction after touching the S/R area. Based on my view, passing out of 5500 can be a green light for new buying positions on stocks.
Although, the chart is very close to an all-time high and in these cases, the market has been fluctuated and the risk is a little high. Nevertheless, I'm going to buy some after a good confirmation of over 5500.
It can be the end of the correction after touching the S/R area. Based on my view, passing out of 5500 can be a green light for new buying positions on stocks.
Although, the chart is very close to an all-time high and in these cases, the market has been fluctuated and the risk is a little high. Nevertheless, I'm going to buy some after a good confirmation of over 5500.
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