Quick up movement to resistance is usually followed by quick down movement (rubber band man). Moreover, with bad fundamentals in many companies, the index is more likely to drop.
SL will depend on the price action near $2950 area in case the price continue to go up.
SL will depend on the price action near $2950 area in case the price continue to go up.
Trade active
Trade active:
Price has just formed a head & shoulder pattern and breaks the neckline. Possible to enter more positions. Wait for confirmation.