The short term market consensus for S&P 500 have change
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The short term market consensus for S&P 500 have change to Bullish Our Proprietary Trading System indicates the following:
The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish
In light of the above trend analysis we will execute a bullish trade on S&P 500
Global Entry Signal For Trade #1: Buy @ 3228.50 Global Trailing Stop Loss Trade #1: @ 3200.50 Global Target Profit Trade #1 : @ 3734.00
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3 & #5. See Updates
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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.