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P.I.T.
Mar 5, 2015 5:25 AM

Buy the pullback in S&P500! Long

FX:SPX500240
S&P 500 index of US listed sharesFXCM

Description

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SP500 fell lower but gain back all its losses quickly leaving a pin bar on the chart. The trend is bullish which add weights into this trade. My first target would be the resistance above at 2,117. Why I go long:
  • Bullish trend
  • Pin bar with long wick
  • Price rejects the 2,089 support level

sp500indexS&P 500 E-Mini FuturesS&P 500 (SPX500)indexswingtradeswingtradingfutures
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