Short Term Continuation in SP500

Jan 21, 2020

Very short term trade here... SP500 has showed continuous strength even in the midst of a manufacturing contraction, barring some unexpected event I can see SPX at least getting back to previous highs... Possible cup and handle pattern forming, my stop is at the previous low and once the previous high is met I will place a trailing stop loss...

Thanks for checking out this idea and be sure to like and follow!

Jan 21, 2020

Note

Will likely close trade manually end of day

Jan 21, 2020

Trade closed: target reached