SPX500 1-26-2022 TRADE TAKEN & OUTLOOK

27 gen 2022

We can see SPX has been dumping for a while but the other day we came to a key area that I actually sniped which was an IT candle that had liquidity right above it. So we caught that and then we seen we had another retracement to the downside and personally i ended up being on the chart as it happen so i seen it come to retest and create that higher low but also sweep the internal liquidity out, so we ended up catching that snipe and now on the outlook side we could see us come down to sweep some internal liquidity and create a lower high and continue this uptrend to then capture the liquidity we have at the highs to the left. On the fundamental side we are seeing some positive things from recent FOMC news so another reason for markets to come up. I am seeing Indices coming back from the dump we had from here but we will see what happens. We got our percentage for the week and caught some beautiful entries already so there is no stress to force any moves or anything.