S&P500 Channel Trading

S&P500 Channel Trading

The S&P500 is still trading within the upwards channel but the price is struggling to break through the last high.

The resistance just below the round number $3000 is acting as resistance.

Bears are waiting for a breakout below the channel and the 50-period MA. But as long as the price remains in the channel, a bearish sentiment is not appropriate.

 

If you ask people why they are trading, 90% will answer because of the freedom, independence and the possibility of
The pinbar is a very popular candlestick pattern and many traders use the pinbar to make trading decisions. I get
Let me put it out there: It doesn't matter which strategy or system you use. Any trading method can make
Setting stops is a very underrated and misunderstood concept are in trading. Your stop loss placement impacts your trading performance
Being able to size your positions correctly to achieve a specific risk level for your trade is essential. Without know-how
Welcome back to the second Tradeciety Tuesday. This week, I prepared a new podcast and a trading video for you.

No Comments

Give a comment



Advertisement - External Link

Cookie Consent

This website uses cookies to give you the best experience. Agree by clicking the 'Accept' button.