SPX gaining momentum after consolidation — continuation play?
🟢 $SPX - LONG
Trade Plan:
Current Price: ~0.3035
Entry Zone: 0.292 – 0.312
SL: 0.272
TP1: 0.355
TP2: 0.415
TP3: 0.485
SPX has been consolidating after a strong impulsive move and is now showing signs of renewed buying interest with increasing volume. The Entry Zone sits above a key support level that held during the recent pullback. A break above the recent high would confirm continuation of the uptrend.
Can SPX extend its recent rally from here?
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DYOR & manage risk!
SPXUSDT
Trvl
0.3096
+3.40%