fxtrader66
Long

SPX weekly consolidation before breakout.

FX:SPX500   S&P 500 index of US listed shares
203 2 1
Looking to buy at bottom of the range or observed support. First level if resistance is in the 1870s, Second level of resistance is in the mid 1900s if this move is similar to May 2013.
fxtrader66
2 years ago
While the CFD SPX500 shows this week to be an up week, the actual SPX was an alternating down week, the ES was a down week too. Am expecting a green weekly candle this week.
snapshot
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fxtrader66
2 years ago
This trade is not valid. Price broke thru last weeks lows and sold off hard. I would expect some sort of bounce next week, since nothing goes strait down. I would trade with caution on Wednesday of next week and not place any trades until the FOMC announcement is out, due to all the volatility spikes the FOMC can cause.
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