EmpowerTrader

S&P500 BREAKOUT

Long
OANDA:SPX500USD   S&P 500 Index
S&P500 jumped at the opening of the futures market. Price managed to break the 3530.00 resistance level. With price action being extremely bullish avoid shorts when momentum is on the upside. On the other hand, we're overdue for a pullback. We could see the price re-test the 3530.00 level again. This could be a good buy opportunity.

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