Will SPX 500 create a new all time high?
SPX 500 has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA, a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.
LONG ABOVE : 4226
STOP LOSS : 4173
TARGET 1 : 4279
TARGET 2 : 4332
LONG ABOVE : 4226
STOP LOSS : 4173
TARGET 1 : 4279
TARGET 2 : 4332
Trade attivo
Close above 4260 will be very good for this trade and the overall market continuation.Nota
Target 1 has been reached at 4279.Trade attivo
Trail stop loss to cost as target 1 has been achieved.Trade chiuso: obiettivo raggiunto
Target 2 reached at 4332, all targets done.
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