The U.S. stock markets have rallied nicely after last quarter's end of year route.
This is encouraging generally speaking for the market and overall economy. The current price structure looks like the trend could continue and even push close to previous all time highs.
With a Super Pivot Stack in place the price action suggests a move higher from here. At the very least the bias has shifted long.
Buy on confirmation of strength, if the price trades above the current session high, at about 2588.50 and place a stop loss at 2483.00. The profit target is 2752.00.
This is encouraging generally speaking for the market and overall economy. The current price structure looks like the trend could continue and even push close to previous all time highs.
With a Super Pivot Stack in place the price action suggests a move higher from here. At the very least the bias has shifted long.
Buy on confirmation of strength, if the price trades above the current session high, at about 2588.50 and place a stop loss at 2483.00. The profit target is 2752.00.
Nota
Market has stalled so bring your stop loss up to 2514.50 just under the Rolling Pivot low.Nota
Trailing stop loss to 2557.50Nota
There is good follow through on the move up, so I will continue to trail the stop loss. Trail underneath the 6 Day Rolling Pivot Range low. Current profit is approximately $2,800 per contract. Nota
Trailed stop loss to 2618.00
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Telegram: t.me/Pivotstax_Intraday
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Follow:
Telegram: t.me/Pivotstax_Intraday
twitter.com/Pivotstax
Telegram: t.me/Pivotstax_Intraday
twitter.com/Pivotstax
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.