S&P 500 Market Breakdown + Trade ReflectionsIn this video, I break down the S&P 500, which continues its bullish trend after reacting strongly from a support area and key EMAs. Today’s continuation confirms strength in the overall market.
I also go through a few losses I took today, which were mistakes on my part. When the general market is showing bullish momentum, looking for bearish setups isn’t ideal, and I got slightly burned. But it’s by recognizing our mistakes, journaling, and reviewing that we grow into better traders.
Next, I cover some of my current open positions, a few are performing well, while others are struggling to maintain their upward momentum.
Lastly, I share two of my trade ideas for the day:
BZ (Kanzhun Limited) – solid recovery above key EMAs with bullish structure.
SHOP (Shopify) – while extended from the weekly 10 EMA (not ideal), I liked the price action on the daily chart and decided to take a trade. Now it’s time to let the market do its thing.
🙏 Thank you for tuning in. I hope you gain valuable insights from this breakdown. If you enjoyed the video, let me know your thoughts, and feel free to ask questions!
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