S&P 500 Long of support
The S&P 500 index pulled back to previous resistance now acting as support. A indecision candle formed, which may hint at a reversal. Entering at the high of the reversal candle the trade allows for a 2R profit target back to previous high if stop is place below the low of the indecision candle.
To learn more about me and how I trade, see my personal website at https://www.davetromp.net.
To learn more about me and how I trade, see my personal website at https://www.davetromp.net.
Trade closed: stop reached
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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.
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.