Get started
S&P 500 Index
Long
Updated

Thanksgiving Thoughts on SPX

112
Holiday Idea: I spy a two bar pattern for the last two weeks; Piercing Candlestick Pattern. A slight pullback may be possible. Above this week's close, I will target the previous week's open/high. A caution is that I see this on the weekly chart near ATH. A flip would be a break and close below last week's candle (5850). If we gap down Monday due to the location of that close, I'll wait to see if we get back above 5850. So I'm resting and betting on my understanding.

Google Homework: piercing line candlestick pattern
Note
DAY chart view of levels

snapshot
Note
Mon - Tues 1 hr

snapshot
Trade closed: target reached
perfect trade
mommymiles
Mommy Miles :)
holidaytradingpiercinglineSPX (S&P 500 Index)Trend Analysis

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.
holidaytradingpiercinglineSPX (S&P 500 Index)Trend Analysis
mommymiles
Mommy Miles :)

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.