S&P500 3356.8 - 0.66 % SHORT IDEA * PRICE ACTION, PULL BACK TRAD
HELLO EVERYONE
Here's an idea on the S&P500 which is currently in an uptrend on higher time-frames but saw some losses in momentum in the last couple of days, targeting this pull back from higher time-frames.
On the DAILY time-frames the index broke the 50 M.A and is currently retesting this moving average and support level now resistance level 3401.8 now will be looking for a continuation of this pull back with the bears on the index. hope this idea assists in anyway on your trading of the S&P 500.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Here's an idea on the S&P500 which is currently in an uptrend on higher time-frames but saw some losses in momentum in the last couple of days, targeting this pull back from higher time-frames.
On the DAILY time-frames the index broke the 50 M.A and is currently retesting this moving average and support level now resistance level 3401.8 now will be looking for a continuation of this pull back with the bears on the index. hope this idea assists in anyway on your trading of the S&P 500.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade active:
🔵 Triggered pushed down currently ranging.