The S&P 500 index pulled back to previous resistance now acting as support. A indecision candle formed, which may hint at a reversal. Entering at the high of the reversal candle the trade allows for a 2R profit target back to previous high if stop is place below the low of the indecision candle.
To learn more about me and how I trade, see my personal website at www.davetromp.net.
To learn more about me and how I trade, see my personal website at www.davetromp.net.
Trade closed: stop reached
