S&P500 | Bullish Megaphone Pattern: Buy on Dips

SPX is forming another Megaphone pattern like it has done multiple times in the past few months:

If we don't see a break to the upside here then another leg down is possible. I will be looking to enter long positions on any dips.

I remain bullish with the following targets

Initial Target: $3160
Secondary Target: $3120
Extended Targets: $3220-$3230

Stay tuned for updates.

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reversed back down but now formed a bullish wedge. Careful with longs here

تم فتح الصفقة:

accumulated long at these lows

تم فتح الصفقة

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Discord channel entered here

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Perfect entry on our Monday long scalp on $SPY

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Higher timeframe update

أغلقت الصفقة: تم الوصول للهدف:

Closing some longs here at a possible pivot.

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Supply zone broken