fxtrader66
Long

SPX weekly consolidation before breakout.

FX:SPX500   S&P 500 Index
204 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.
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.
Reply
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.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out