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PerpetualLearner
Aug 3, 2016 1:10 PM

SPX getting ready for another impulse upside... Long

S&P 500 index of US listed sharesFXCM

Description

Yesterday's pullback and last weeks indecision has made way for technical indicator from over bought conditions to neutral condition on a 2-4 hours charts... which is most likely make path for another impulse towards the upside...

I have my own bullish indicator flashed green on a two hour time frame ...This is quite positive and I am expecting the SPX to breach 2200 in next few days..

Lets see how it plays out

Entry : 2150
Target 1 : 2168
Target 2 : 2178
Target 3 : 2198
Stop: 2134

Trade active

Price action on track for TP1 .. currently trading around 2163

Trade active

Target 1 of 2168 reached... half of position closed other half at break even

Trade active

Target 2 of 2178 reached...


last 1/3 set at Target 1 still at around 20 point up...will let it run...
Comments
sushil6002
which strategy have u used....?
how can u say .... there may be long in s&p
PerpetualLearner
I actually coded my own indicator ... its coded to graphically capture divergences along with a bunch of other technical indicators to show recommendations..
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