UPDATE ON S&P500 ANALYSISS&P500 4H - Who managed to catch the Case Study video I put up at the start of the week? As you can see price has played out perfectly, giving us the opportunity to buy into this market.
I gave two alternatives, either to go short on the basis we break the last protected low or to go long if we trade into the area of Demand and reject well from it, as you can see we had good rejection and price has given us the opportunity to buy.
This is a bullish market as we know so its important we are trading with the prevailing trend, taking our time and timing it right to get involved with this market, precision is important when we look to take part in the markets.
This was a precise entry that has played out tenfold, well done to anyone who checked out the case study video and placed a position in this market based on it. I will update you all with any other opportunities that arise.