If the market decides to close above the zone then look for the buy set up
Looking for the retest back to the orange line and then from there sell offs
Expecting it to be time for the continuation of the downtrends. be on the lookout during London
Looking for the market to close back inside the zone. once price closes back in the zone this will be the set up im looking for
Looking for the continuation of the buys. Just waiting for the market to break back out .
Currently we are seeing us30 retest the previous resistance level from Friday and is currently sitting on top of the zone. if price continues to close above this resistance level then be on the look out for the continuation for the buys. note: This is NFP week so we should be seeing a lot of volatility in the market this week so be ready
Will be waiting tonight to see if the market will be closing back under the previous resistance area from Friday. If so then I will be looking for the sells back to the previous higher low. note: This is NFP week so we should be seeing a lot of volatility in the market this week so be ready
If the market closes out of the previous zone, then we have us a nice buy breakout setup for the continuation of the uptrend.
If the market closes back inside this zone , then I will be looking for the sell. want to make. From a technical standpoint this could be a nice set up for the news
sell opportunity for if the market fails to close above the resistance. Usually we might see a fake breakout first and then the sells we come based off the news
Looking for the market to close back inside of the zone. From there I will look to take this buy set up back to the previous lower high area.
Waiting for the market to break out of the zone again. currently on the 1hr/4hr we are seeing a double bottom set up so once it breaks out of the zone that is our final confirmation for the bull run.
Looking to see if we will get a retest back to the previous lower high structure. If the markets close back outside of the zone, then this will be my sell set up that I will take
I am looking for a retest back to the previous zone structure. Once we get the retest and it closes above, then we can look for the continuation for the buys .
If market closes back inside zone, I believe this will be a great opportunity to take short sell positions back to previous zone that the market broke out of!
Expecting the retest back to previous lower high level on 1hr/4 hr time frame and then potential sells can come into play
This trade idea is honestly for a short position but it can indeed be held for a long position to the retest of 4490. For my people that trade SPX we all know It likes to market correct itself every week, so let's see how we looking as the market takes off this week.