Índice S&P 500Atualizado SP500 can move higher? 🦐
After our previous idea S&P 500 (SPX500) is moving in a series of higher highs and higher lows and tested a Fibonacci 50% retracement.
If the price has tested the 0.5 fib level and is currently trading below a daily resistance, a trader may look for a break above the resistance to indicate further bullishness.
One strategy could be to place a buy order above the daily resistance with a stop loss according to Plancton's strategy and a take profit at the target point. It's important to keep in mind that incoming news events can potentially change the market scenario, so it's important to regularly monitor the market and adjust your strategy as necessary.
If the price has tested the 0.5 fib level and is currently trading below a daily resistance, a trader may look for a break above the resistance to indicate further bullishness.
One strategy could be to place a buy order above the daily resistance with a stop loss according to Plancton's strategy and a take profit at the target point. It's important to keep in mind that incoming news events can potentially change the market scenario, so it's important to regularly monitor the market and adjust your strategy as necessary.
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