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Swing-long

Key Levels S&P 500 06/02/2018The last drop at the S&P500 index has changed the swing and Long-term momentum from bullish to bearish, as it seems the index Is on his way to reach the demand level at the bottom - 2500 zone, If the price will back to check the supply before reaching the demand, It's a great opportunity to sell position at the supply, there are unfilled Orders waiting at this supply, therefore I'll sell there, my targets are the Support zone, and the demand level at the bottom, it's a swing or even Long-term position.
SP:SPXShort
by the5erstrading
STX - Swing long at $41-42 Level- STX has pulled back after a breakout earnings report and completion of Measured Move target at $49.70. The Measured Move completion corresponded to the test and failure of the weekly 200sma. - During the upward move, prices trended strongly and respected the 34EMA Wave during pullbacks/consolidation. - I am waiting for prices to fill the earnings gap and complete the 2 leg down pattern after the measured move. A fill in the $41 - $42 area would be great. - Negatives for this trades include the sub-200sma price action and possible unknown retracement level after the Measured Move completion.
NASDAQ:STXLong
by TradingBandito06
Possible Wave 3 of 3 to follow completion of Wave 2 (ZigZag)A Wave 2 ZigZag has completed at the .618 retracment of Wave 1 which is a strong indication the correction has complete. The price has already made a bounce from this level and seems to be in a correction which has probably has further downside before the up move. This initial bounce could be the beginning of a Wave 3. The larger picture shows this Wave 3 could be part of a Wave 3, this means it is likely going to be a strong impulsive move. Entry Level: I will be setting a conservative pending entry at the break of Wave B of the ZigZag. Stop Loss: At the extreme of Wave C of the ZigZag. Target Level: The target marked on the chart is a 1.618 multiple of Wave 1. There is potential for a more upside after this level. As always I will monitor pattern over setting a hard take profit.
Long
by ciano1993