ViorelBadin
Long

SPX 500 BUY TRADE

FX:SPX500   S&P 500 Index
SPX             500 WILL CONTINUE ITS ASCENT AS SEEN ON THE CHART.
BUY ON THE DIP AT 2146.60 (SUPPORT TREND LINE ).
STOPS LOSS IS 2121.70.
Trade active: 250 pips profit so far..
Trade closed manually
I agree with your bullish stance but doubt we will see 2146. Two times last week the market retraced 50% of recent highs and lows, suggesting we might see 2160. 2146 would be a steal if the roof has not fallen in.
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ViorelBadin Quantum_Maryland_Capital
If price doesn't come to that level, I don't trade. I'd rather have a smaller stop loss and enter the trade at the right time.
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Lots of respect for discipline and waiting for the market to come to you
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ViorelBadin Quantum_Maryland_Capital
Thank you!
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