Hey guys and gals!
Looking at the S&P 500 right now. Although we did see some impulsive selling to end last week, it was met with significant buying pressure over the past couple of days. With no clear direction at the moment, we stay steady to trade in either direction!
If we see price break the 3233 zone and come back for a soft retest, we can enter in longs with a relative wide stop, given the market volatility.
On the contrary, should the market crack below 3000 and come up to ping the zone, we should consider potential continuation shorts.
Take a step back. Wait for your entry. Position yourself well. Give yourself space. Let your profit run!
Always do your own analysis and trade at your own discretion!
Looking at the S&P 500 right now. Although we did see some impulsive selling to end last week, it was met with significant buying pressure over the past couple of days. With no clear direction at the moment, we stay steady to trade in either direction!
If we see price break the 3233 zone and come back for a soft retest, we can enter in longs with a relative wide stop, given the market volatility.
On the contrary, should the market crack below 3000 and come up to ping the zone, we should consider potential continuation shorts.
Take a step back. Wait for your entry. Position yourself well. Give yourself space. Let your profit run!
Always do your own analysis and trade at your own discretion!