maenshokri

Weekly Outlook: S&P500: Long

Long
maenshokri Updated   
FOREXCOM:SPX500   S&P 500 Index
S&P500 has cleared a massive resistance at 2816 and more up moves to come. I do not know to which level price may reach but I will stay long as long as price prints higher highs and higher lows on the daily candles.
Stop loss is 2780.
This trade is valid for the whole week.
Trade active:
Now move your stops to BE and let is go where it should reach. At 2900 we will start looking for shorts. We will be lucky if price retests the prior ever high at 2940.

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