S&P 500 Index
Education

EDUCATION: US500 +2R FOH SET, WALL STREET ORB SETUP

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Here’s a quick recap of today’s trade on the US500 — just shy of 2R on day 3 of a 3-day cycle, trading the Wall Street session:

I identified a 2-star quality Opening Range Breakout setup with clear confluence: trapped traders working the highs of the week, failing within a broadening formation, providing a short opportunity targeting yesterday’s Value Area and Point of Control (Target 1) and last week’s Value Area High (Target 2).

A clean “nail and bail, one and done” execution.

If this resonates with you — let’s connect. I’d love to hear from you.

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