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US500 2988.4 - 0.33% LONG IDEA

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GOOD DAY EVERYONE

HERE'S A LONG IDEA ON THE US500 INDEX, THE S&P 500 HAS RECOVERED A GREAT DEAL TO COVER LOST GROUND IN THE LAST COUPLE OF WEEKS..

> THE MARKET IS TRADING AT + 2 MONTH HIGH OR SO THE INDEX HAS BEEN STRUGGLING TO HIT THAT 3000 MARK BUT GAINING TRACTION NONETHELESS...
> WE'VE SEEN THE FORMATION OF AN ASCENDING CHANNEL ON THE INDEX HOPING THE STRUCTURE HOLDS LOOKING FOR LONG OPPORTUNITIES IN THE INDEX

TARGET - 3100

RISK MANAGEMENT
PERIOD - DAY TRADE








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ranging, hold or adjust to break even and hold risk free
Ascending ChannelChart PatternsTechnical IndicatorspulemokhothuS&P 500 (SPX500)US SPX 500structure-tradeTrend Analysisus500us500long

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