Hello traders! Let's see SP500 in daily timeframe! We can clearly see that's moving inside a descending triangle , there might be a breakout of the triangle but still not confirmed , that's probably a fakeout. So be careful and wait for a strong confirmation daily or better weekly , might lose some pip but would be a safer trade , that's just my opinion don't take that as a financial advice.
Comment:
Broke the wedge and now is moving upside. Found a good support around 2680 zone. Keep an eye on it.
Comment:
Still moving upside , next resistance zone around 2800
Comment:
2790 has been touched.
Trade active:
It broke previous high around 2682 zone that became support. 2790 zone act as resistance and now is a support. Uptrend is healthy. Hope some of you got this signal.