SPX500 HEADING TO THE HIGHS

SINCE SPX500 BROKE THE HIGHER HIGH, IT WILL RETEST THE SUPPORT AND FLY AGAIN !!
1st IT LOOKED LIKE A FAKE BREAKOUT BUT NOW IT SEEMS THE BULLS ARE CONTROLLING ALL OVER.
-2194 IS A GOOD PLACE TO SHORT
-2112 IS A GOOD PLACE TO LONG
SL's SHOULD BE TIGHT !!
I THINK THE CHART IS CLEAR ENOUGH.
GOOD LUCK ! WE NEED TO LIKE AND SHARE THIS IDEA SO WE CAN GET ANOTHER IDEA'S MAYBE EVEN BETTER AND HELP EACH OTHER! CHEERS

Note

DID SOMEONE ENTER THIS TRADE?
IT BROKE THE TREND LINE AND WE SEE A PULL BACK HERE .
ANOTHER SHORT POSITION IS ON THE WAY AT THE 61.8%
MOVE YOUR SL TO THE ENTRY POINT TO BE ON THE SAFE SIDE !GOOD LUCK

Note

NOW IS 2173 :)

Trade closed: target reached

BIG WINNER
820 PIPS :D
TELL ME MADE IT !!

Note

3 OPTIONS TO START THE LONG PROCESS :

1-WAIT PRICE ACTION TO CLOSE ABOVE 0.618 FIB.
2-WAIT TILL IT TOUCHES THE TREND LINE AND CREATES THE D POINT FOR A PROPER AND BETTER LONG POSITION.
3-IF YOU CAN HANDLE RISKS , YOU CAN LONG NOW!!

IN ALL CASES SL BELOW THE TREND LINE
GOOD LUCK :)

Note

wow wow wow :D
did you enter it ?????
TP1 hit !! once again 500 pips baby ;)
keep your long position and move the SL to the entry point
congratulations

Note

LONG THE PULLBACK AGAIN WITH 0.382 FIB
OR WAIT MAYBE IF IT TOUCH THE TREND LINE

Note

STRONG BEARS, WAIT THE RETEST AT 2107

Nshan

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Nshan