SPX Longs
Updated
Market has been breaking All-Time-Highs.
Overall Market Trend is still bullish.
Same sized retracements (indicated by green trend-lines) have printed, along with a subsequent bullish breakout, confirm continuation of uptrend.
Invalidation at 4733.3 (stop loss placed)
No profit target (new highs cannot be accurately determined at this time).
Look for similarities in US30, NAS100, FTSE, DAX & NIKKEI.
Overall Market Trend is still bullish.
Same sized retracements (indicated by green trend-lines) have printed, along with a subsequent bullish breakout, confirm continuation of uptrend.
Invalidation at 4733.3 (stop loss placed)
No profit target (new highs cannot be accurately determined at this time).
- Aggressively enter new positions once original position is in profit and has found support.
- Avoid entering new positions if original position goes negative.
Look for similarities in US30, NAS100, FTSE, DAX & NIKKEI.
Note
Momentum is slow but so far so good. If new highs are achieved and support is found, I will re-enter trade and move the stop-loss higher.
Trade closed: target reached
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