As can be seen in the graph above, resistance has been breached and as you know we have a simple rule if support or resistance breaks it is very good to enter the market in this case we recommend buying with a target price of 2940 At this price, the sp500 will have a real test and we will see whether it will pass it successfully or that it has created a double top pattern
Buy sp500:
Entre Price: 2845
Stop loss: 2790
Take Profit: 2940
Buy sp500:
Entre Price: 2845
Stop loss: 2790
Take Profit: 2940
Note
Fixing Error - In the picture above its a resistance and not support! (has been cracked)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.