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S&P 500 Index
Long

S&P500 INDEX (US500): Your Trading Plan Explained

379
snapshot

S&P500 index is testing a recently broken daily horizontal resistance.
With a high probability, it turned into support.

To buy the market with a confirmation, pay attention to a double bottom
pattern on a 4H.

If the price breaks and closes above 5899, it will give us a strong bullish confirmation.

The market will go up at least to 5954 level then.

If the price drops lower and sets a new lower low, the setup will be invalid.

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Double Top or BottomS&P 500 E-Mini FuturesindexesMultiple Time Frame AnalysisS&P 500S&P 500 (SPX500)Support and Resistanceus100US30us500us500signals

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Double Top or BottomS&P 500 E-Mini FuturesindexesMultiple Time Frame AnalysisS&P 500S&P 500 (SPX500)Support and Resistanceus100US30us500us500signals
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

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Also on:

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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.