A chart analysis of the S&P 500 Index, and several technical analysis tools are used. The tools visible in the image include:
1. Trend lines: The chart features multiple trend lines, which are used to identify the direction and strength of the market trend.
2. Support and Resistance Levels: The chart highlights a "SUPPORT AREA" and a "FVG" (Fair Value Gap), which are used to identify potential levels of support and resistance.
3. Liquidity Sweep: The chart indicates an "LQD SWEEP," which is a liquidity sweep, a concept often used in smart money trading to describe a price movement that sweeps through a level of liquidity.
4. POI (Point of Interest): The chart shows a "POI" level, which is likely a point of interest or a significant price level.
5. TD Sequential (TD Seq): The chart features a TD Sequential indicator at the bottom, which is a technical analysis tool used to identify potential trend reversals.
These tools are commonly used in technical analysis to identify potential trading opportunities and to understand market trends.
Overall:
The bullish trade is with specific area, we are getting short with little risk, the green arrow showing the direction of next move.
Trade setup:
Entry Buy; 5,660
Target; 6,136.
Stop loss; 5,535.
Use proper risk management.
This is all about “SPX”, if you have any question write in comment below.
Thanks for support 🚀.
1. Trend lines: The chart features multiple trend lines, which are used to identify the direction and strength of the market trend.
2. Support and Resistance Levels: The chart highlights a "SUPPORT AREA" and a "FVG" (Fair Value Gap), which are used to identify potential levels of support and resistance.
3. Liquidity Sweep: The chart indicates an "LQD SWEEP," which is a liquidity sweep, a concept often used in smart money trading to describe a price movement that sweeps through a level of liquidity.
4. POI (Point of Interest): The chart shows a "POI" level, which is likely a point of interest or a significant price level.
5. TD Sequential (TD Seq): The chart features a TD Sequential indicator at the bottom, which is a technical analysis tool used to identify potential trend reversals.
These tools are commonly used in technical analysis to identify potential trading opportunities and to understand market trends.
Overall:
The bullish trade is with specific area, we are getting short with little risk, the green arrow showing the direction of next move.
Trade setup:
Entry Buy; 5,660
Target; 6,136.
Stop loss; 5,535.
Use proper risk management.
This is all about “SPX”, if you have any question write in comment below.
Thanks for support 🚀.
Trade active
It's just for educational purpose. 
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.
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.