S&P 500 Index
Long
Updated

SPX500 - 4H - Double bottom

238
We recently broke the double bottom neckline with a momentumspike and are now consolidating down in a flag. we might retrace further down from here, but if not and if we can break the flag to the upside, i will be looking to buy
Note
if someone is interested, im while im waiting playin also for 1 more downwave. i already shorted the last dashed consolidation but i think i will look for another addon if we can make new lows here.
snapshot
Trade active
TG1 will be the 61.8 for now
Trade closed: stop reached
out of a little worse than breakeven. market just all over the place after the open

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.