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S&P 500 Index

S&P 500 Breakout Opportunity Short-Term

By AkmeAnalytics
Updated
S&P 500 Breakout Opportunity Short-Term

Go long in SPX if it gives upside breakout and go short in case it breaks downside.
Trade active
1st target done
Note
2nd Target done
Trade active
S&P 500 looks weak and I am expecting more downside.
However, best way to lock your profit is to trail your stop loss and ride the trend.
Keep your SL @ 3490 and sit tight.
Trade closed: target reached
Chart PatternsTechnical Indicatorspriceactionanalysisprice-action-tradingS&P 500 (SPX500)spx500forecastspx500longspx500shortspxanalysisTrend Analysis
AkmeAnalytics
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