SPX500-H1 at key area

FX:SPX500   S&P 500 Index
690 5 8
Just pure logic, no complicated analysis.
After today's strong rally bulls could continue trying to break the key level shown on chart.
IF this level is broken they can gain confidence and start another rally tomorrow.
Just in case i will pull buy stop orders ABOVE the level shown on chart.
We could have one more leg down for sure. In that case nothing happened, i will follow my long term plan.
UPDATE: entry triggered before NY session, lets see.
Resistance @1955 and S&P500 is testing it for the 3rd time. A view besides trading the breakout is to trade the wedge. Set SL to 21 MA or 50 MA.
I agree with you. Regards.
The tweet from Tradingview refers to SPX500-H1 - what does H1 mean?
H1=hourly timeframe
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