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Tradeception_

Will SPX 500 create a new all time high?

Long
S&P 500 Index (TVC:SPX)  
Tradeception_ Updated   
TVC:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) spx500long SPX (S&P 500 Index) alltimehigh pullback pullbacktrade pullbackbuy
2
0
trendanalysis chartpattern indicator spx500 spx500long spx alltimehigh pullback pullbacktrade pullbackbuy
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.
Comment:
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.
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