MARKET PHASE
AREA OF VALUE
TRADE
-
SPX500
is in a weekly uptrend, fueled by a daily timeframe expansion taking place.
AREA OF VALUE
- We can expect a volatility contraction where lows will form, and therefore allow sell side liquidity to be created (sell stops, shorts, stop losses) below this corrective structure.
TRADE
- No trade. Waiting for a corrective structure and creation of an area of value.
تم فتح الصفقة:
SP500 completed its corrective structure during the week and has broken to the upside. Wait for a retest of entry.
ENTRY: 5125.40
SL: 5080.80
TP: 1:2R
ENTRY: 5125.40
SL: 5080.80
TP: 1:2R