The S&P 500 has dipped to a potential support area. Intra-day charts show some signs of support holding. With a stop below the support area we need price to reach the previous highs for a 1:2 risk/reward ratio.
Trade closed: stop reached:
Stopped out.
Price broke right through the support area.
A tight stop prevented losses during the correction that took place during the end of 2019.
Price broke right through the support area.
A tight stop prevented losses during the correction that took place during the end of 2019.