S&P500 Sell SignalPattern: Bullish Megaphone
Signal: Bearish as it was rejected on the 0.786 Fibonacci.
Target: 3000.
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Spx500signals
SPX500USD Buy signal setupEnjoy a free signal
Trade at your own risk;
Know your risk to reward
We had a breakout of monthly S/R area and now market has come back down to retest the 12hr uptrend. If it holds, this shall play out.
Symbol: SPX500USD
BUY
Entry: $2950
Best entry: $2940
Stop Loss: $2920 (-$30 to -$20 from best entry)
Take profit: $3015 (+$65 to +$75 from best entry)
S&P500 Trading planPattern: Channel Up on 1D.
Signal: Initially bearish towards the Higher Low trend line of the Channel Up as the Rising Wedge that was supporting broke downwards. (A) If the Higher Low trend line holds it is bullish on the short term. If the 2625 Support breaks, it is bearish. The region in between those is a neutral zone.
Target: (A) 2800 (roughly where it can meet with the 1D MA50), (B) 2450 (just above the next Support).
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