Grab Some Points To Upside In SPX/USD $$$

28 Nis

Hey fellow traders and followers!
How go's the profits so far? Market movin & groovin to the beat of the Orange drum.

I'm here to help if you are having any troubles or confusion with SPX. Let's have a quick look.

We have a V pattern in the 1hr chart so let's trade this baby!

Breakline is 5530.3 so we wait to see a break above before getting long. Pattern support is around 5510, a break below that price area would likely cancel out the bullishness of this pattern so keep eyes on that. Daily low support sits around 5484.9. A break below that support spells a short down for 29 points. A break above the breakline is a long good for around 29 points. RSI is 55.77 (Bulla). Easy money if the V gets flyin $$$.

Don't listen to any news or rumors, listen to your charts. Wait! Did you hear that? Your 1hr chart is whispering something about easy money if you pay close attention to the numbers and the rules laid out within.

Hey! best of luck in all your trades people ! Wishing all of you prosperous trades. $$$

29 Nis

İşlem elle kapatılmış

Closed out trade at 5554.4 because price action lacks momentum. Price can stall and fall at anytime so take the money before bears come and take it. Not all trades will reach your TP area so very important to babysit all your trades unless you are satisfied with getting stopped out with your trailing stop.
Hope you all gained some good profits on this trade. $$$
Until the next post cheers everyone.