S&P 500 IndexShort
S&P 500 River Crossing
The S&P 500 has been on an uptrend from the Major Swing Low of 3633 to a region of Major Supply around 4300 (from early May 2022).
Recent Intraday movement has seen a corrective movement with a Lower high and Lower Low.
On chart is an idea to Play a River Crossing Strategy. A single trigger is in play and confirmation will likely come tomorrow.
The RR is set to 1 as this is a Daytrading Strategy .
Recent Intraday movement has seen a corrective movement with a Lower high and Lower Low.
On chart is an idea to Play a River Crossing Strategy. A single trigger is in play and confirmation will likely come tomorrow.
The RR is set to 1 as this is a Daytrading Strategy .
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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.