AdamHong
Short

SPX500:The Breached Wedge

FX:SPX500   S&P 500 index of US listed shares
2 months ago
The market has broken out the upward wedge and a retracement may be coming next.
2180-2187 zone may have strong support and 2152 level will be hit if the zone is breached.
So it is good to sell after the market hit the 2180-2187 and pull back to about 2205 levels.
SL:above 2212
TP1:2187
TP2:2152 and further more
Watch out the market moving and wait for the signals.
2 months ago
Trade active: sell at 2210
2 months ago
Comment: TP1 reached.
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