S&P Poised to Break Resistance
Updated
XSP on the 4H, price action reacted off the 9SMA and support trend line with the MACD getting a confirming positive cross over by EOD. Along with news that a budget deal was reached, the SP is poised to punch through a resistance area that showed rejections the over the past two weeks.
Trade closed manually
Call entered at beginning of trading day, and closed after FOMC with profit.
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