S&P 500 Long Setup 🔵 Entry Level: $4485.5 🟢 Take Profit: $4598.5 (2.59R) ⛔ Stop Loss: $4441.8
Reasons: - Expecting price to respect the lower trendline in the descending channel one more time before correcting to the upper one - Entry level is also previous resistance level from August and September
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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.