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Sp1

S&P 500: Market High Short hey traders, though I have already shorted S&P from lower structure levels, we see that bulls still keep pushing the market to higher levels. On Friday the market has closed approaching all-time market's high. There is a very very high chance to see a retracement from this level, for this reason, be focused on a rising parallel channel. Bearish breakout of it will be a perfect confirmation for you to open short trade. Target level will be 2960. Stop will be above the highest point of the channel. *if the market sets new higher high within the channel, setup will be invalid.
FX:SPX500Short
by VasilyTrader
5
S&P 500 Price Action Analysis | The Direct ProportionSP500 is still consolidating above the Range High and needs to break out the Key OB. The direct proportion between the volume and the price action (higher highs and higher lows) is indicating that this distribution isn’t done until it reaches its targets. Entry: 2881 SL: 2719 TP-1: 3089 TP-2: 3219 R/R: 2.09 ‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬ ‪The ideas published here are not financial advices. ‬
FX:SPX500Long
by CompositeTrader