sugardaddyFED

SPX above 2056 to play higher for RHS?

FX:SPX500   S&P 500 index of US listed shares
spx
- bear market rally for a run higher
- VIX             is holding on to gains but a flush on longs will help SPX             higher
- SPX             to repeat Oct - Dec price action?
- using RSI as basis to reload while stochastic reminds us that its in a bearish trend
- Trade can go long but risk reward to go swing short looks more appealling
Trade active: Long trade taken on the break above 1256
Look to take half and move stop to break even
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