KaizenTrader

SP500 Current view

Long
FX:SPX500   S&P 500 Index
Long for the time being due to bullish price action. I found it fascinating how price exploded post fed minutes though. I was moving my stops lower prior to the fed minutes expecting serious volatility but price simply kept going up. Next resistance is the previous high and be cautious since this is leg 5 on the daily charts for me.

Cheers :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.