GOOD DAY TRADERS...
HERE'S AN IDEA ON THE S&P500
> THE S&P 500 IS UP TRIGGERED BY THE CORONA VIRUS RESTRICTIONS EASING
> YESTERDAYS WALL STREET SESSION WAS STRONG DUE TO THE NEWS OF THE EASING OF THE RESTRICTIONS WHICH SAW THE S&P500 UP BY ALMOST 20% YESTERDAY...
> WE ARE IN AN ASCENDING CHANNEL ON THE US500 AT RESISTANCE LEVEL 2890.6 WHICH IS A STRONG RESISTANCE SAW A LOT OF TOUCHES ON THIS AREA..
> IF WE BREAK ABOVE THE LEVEL 2890.6 WILL BE LOOKING FOR LONGS WITH A TIGHT STOP
> IF WE FAIL TO BREAK THIS LEVEL WILL LOOKOUT FOR A SHORT OPPORTUNITIES AND POSSIBLE RETEST OF THE RESISTANCE....
>> IF YOU LIKE THIS IDEA KINDLY LEAVE A LIKE AND COMMENT... KINDLY FOLLOW AS WELL FOR MORE SWING AND DAY TRADE IDEAS, APPRECIATE IT....