SPX500

overview:
spx500 is creating a acsending triangle. wait for a breakout
rejecting the monthly high we see price is bouncing back up.
if price breaks below the triangle SELL!`

4hr notes:
SPX we are still in a big 4hr inverse heads and shoulder which is very bullish !!
SPX has NOT yet made a lower low (yellow trendline)


potential buy setups:

short term:
en 4204 buy the break
sl 4194
tp1 4211
tp2 4216
tp3 4220

(1st entry) for inverse heads and shoulders: (buy)
en 4187
sl moved into PROFIT!
max tp 4300


watch 4200, and 4194 if price ever come back to these levels then we can change our short-term bullish bias to bearish . as of right now spx is bullish

potential sell setups:

short term:
en 4193 sell the break
sl 4203
tp1 4185
tp2 4175
tp3 4160

Trade active:

short term:
en 4204 buy the break
sl 4194
tp1 4211
tp2 4216
tp3 4220

Comment:

tp 1 n 2 hit still holding