Spooz
MESU LongCME_MINI:MESU2022
Current market structure, sell-side was taken with a displacement to the upside. Entering long after 8:30am on a return to a discount relative to the current trading range. Stop placement below 3903.25, targeting previous day high. Keeping the risk low because of non-farm payroll. Anything can happen!
Sp500 path and directionHello everyone
Sp500 started a uptrend channel in April however in SEP we broke this uptrend channel but
SP500 found support on the blue trend line and price went back to test the previous Uptrend channel
Price respected the uptrend channel resulting a doji candle that means the previous channel is acting as resistance now
Or price could get back into the channel
Or we could chop in this zone between blue trend line and previous uptrend channel
However any close below this blue trend line we are heading to demand zone below and also to test the purple broken downtrend line
feel free to ask me anything :) and good luck
SP500 path and directionHello everyone
SP500 broke the downtrend
watch for retest of the broken trend and reversal in short time frame for safe long
any question feel free to ask
thank you :) good luck
S&P 500 - 3300 Objective Met. Lower Prices Still In the Cards.Please give this an idea a like if you found it helpful. Price still has the potential to reach lower. Next Objectives are 3280 & 3250. Remember, I am eventually looking for 3200. Refer to the related ideas attached to this post. Thank you.