S&P 500 Index
Long

SPX500 H1 | Bullish Bounce Off

105
S&P500 has bounced off the buy entry at 6,839.32, which is a pullback support that aligns with the 23.6% Fibonacci retracement and could rise from this level to the take profit.

Stop loss is at 6,793.88, which is a pullback support that lines up with the 50% Fibonacci retracement.

Take profit is at 6,926.57, which s a swing high resistance.

Stratos Markets Limited (tradu.com/uk ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Stratos Europe Ltd (tradu.com/eu ):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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