SPX500USD by DLavrov — TradingView


What do you think about such a long trade? The price bounced from a support zone formed by 3400$ and SMA200. If the price can break the local downtrend line, it will be another bullish signal.
Stop orders should be placed below the support. The main profit target is the resistance at 3550$.

Disclaimer!

This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.



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