SPX 500 day trading LONG

13 Kas 2024

Analysis: Market Structure & Probabilities
SPX500USD
PML (Previous Monthly Low) has been broken, moving higher than last month's low.
PMH (Previous Monthly High) has also been broken, pushing beyond last month’s high.
PWH/PWL (Previous Weekly High/Low) similarly breached, with price moving higher than the previous month's range.
PDL (Previous Daily Low) and 4H Swing High/Low have also been surpassed.
These indicators suggest a strong bullish bias, with an 87.5% probability of further upside movement vs. a 12.5% bearish scenario (reflected in PDH, as the price dipped below yesterday’s high).

Risk-to-Reward Ratio (RR): 2.14
Simple as that.

14 Kas 2024

İşlem kapandı: durdurma seviyesi

Stop reached. My bad, too early.