S&P 500 IndexUpdated SPX500 Inside day, 4 trading strategies out there
Stock market has been consolidating for the whole day to form an inside day.
As there are still plenty of room before the buy-low and sell-high spot, it's a worth trading inside day no matter which side it breaks.
It made the 1 and 2 trades.
For 3, it's a bearish bat pattern and supply zone combination; For 4, it's a bullish 2618 .
With such analysis, we'll have trading plans on different kinds of scenarios, and that's the core concept of "Never predict"!
Let's see how it goes!
As there are still plenty of room before the buy-low and sell-high spot, it's a worth trading inside day no matter which side it breaks.
It made the 1 and 2 trades.
For 3, it's a bearish bat pattern and supply zone combination; For 4, it's a bullish 2618 .
With such analysis, we'll have trading plans on different kinds of scenarios, and that's the core concept of "Never predict"!
Let's see how it goes!
Note
hitting 2618 spot on a fundamental event, it's necessary to wait for an nice reversal sign otherwise the 4th trade doesn't exist!
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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.
Related publications
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.