S&P 500 River Crossing
The S&P 500 has been on an uptrend from the Major Swing Low of 3633 to a region of Major Supply around 4300 (from early May 2022).
Recent Intraday movement has seen a corrective movement with a Lower high and Lower Low.
On chart is an idea to Play a River Crossing Strategy. A single trigger is in play and confirmation will likely come tomorrow.
The RR is set to 1 as this is a Daytrading Strategy .
Recent Intraday movement has seen a corrective movement with a Lower high and Lower Low.
On chart is an idea to Play a River Crossing Strategy. A single trigger is in play and confirmation will likely come tomorrow.
The RR is set to 1 as this is a Daytrading Strategy .
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