tradersedgeray

S&P500 break out trade new highs

Long
SP:SPX   S&P 500 Index
As per previous S&P long term trade the double top target was reached.

This is an update long term trade time frame monthly into Aug-Nov

TP1 5350

TP2 5800

stop-loss monthly close under the double top/break out level.

If demand zone is reached prior to Nov we could re enter the Mid mark up phase 2-2 of stage analysis.
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