SPX500 - Waiting Breakout from my key levels (targets defined)

19 Ağu 2014

OK I've discovered that my original trade setup was invalid (see related idea below) and was drawn incorrectly. I can only get the daily chart on SPX so can't put lower level time-frame targets down on TV. If we get a breakout long or short would be going for the T1 at least as targets. (A breakout for me in these setups is a close outside of levels and not a candle wick by the way). My key bear level is 1862.5 after that I would be biased short.

Anyway lesson is measure twice - cut once!!