Get started
H3-Publications

S&P Poised to Break Resistance

Long
S&P 500 MINI SPX OPTIONS INDEX (CBOE_DLY:XSP)  
H3-Publications Updated   
CBOE_DLY:XSP   S&P 500 MINI SPX OPTIONS INDEX
Support and Resistance Trend Lines Candlestick Analysis sp500analysis supportandresitance
0
0
supportandresistance trendline candlestick sp500analysis supportandresitance
XSP on the 4H, price action reacted off the 9SMA and support trend line with the MACD getting a confirming positive cross over by EOD. Along with news that a budget deal was reached, the SP is poised to punch through a resistance area that showed rejections the over the past two weeks.
Trade closed manually:
Call entered at beginning of trading day, and closed after FOMC with profit.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.