VladimirRibakov

SP500 Sell/Buy Setup

SP:SPX   S&P 500 Index
Wait for the FED and their statement. Depending on which way the breakout would happen go with this direction.

Buy Scenario:

Stop loss – below the last low to be created.

Target 1 – Last highs around 2186.50.

Target 2 – Keep it open until bearish divergence starts to develop.

Sell Scenario

Stop loss - above the last high to be created.

Target 1 - Last highs around 2186.50.

Target 2 - Keep it open until bearish divergence starts to develop.
targets for buy and sell are the same?
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