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S&P 500 Index
Long
Updated

Will SPX 500 create a new all time high?

SPX 500 has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA, a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.

LONG ABOVE : 4226
STOP LOSS : 4173
TARGET 1 : 4279
TARGET 2 : 4332



Trade active
Close above 4260 will be very good for this trade and the overall market continuation.
Note
Target 1 has been reached at 4279.
Trade active
Trail stop loss to cost as target 1 has been achieved.
Trade closed: target reached
Target 2 reached at 4332, all targets done.
Tradeception_
Also on:
alltimehighChart PatternsTechnical IndicatorspullbackpullbackbuypullbacktradeSPX (S&P 500 Index)S&P 500 (SPX500)spx500longTrend Analysis

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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.
alltimehighChart PatternsTechnical IndicatorspullbackpullbackbuypullbacktradeSPX (S&P 500 Index)S&P 500 (SPX500)spx500longTrend Analysis
Tradeception_
Also on:

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.