Skeptic | SPX 500 Analysis: Long Triggers Ready to Rip!

Hey, what’s good? It’s Skeptic! 😎 Last week, we scored a nice R/R on SPX 500, and now it’s looking ready for another big move, super close to our long trigger. Let’s check it out with a multi-timeframe breakdown to grab those long and short triggers!

Daily Timeframe: The Big View

The SPX was riding a strong bullish wave, then hit a deep correction. Here’s what’s up:

• It’s bounced back most of that drop and is nearing its ceiling at 6128.55. 🏔️
  
• A break and hold above 6128.55 could kick the bullish trend into high gear, per Dow Theory.
  
• Watch the daily RSI—if it goes overbought, we might see a fast, big rally. 🚀
  
• This is our long-term play, so let’s zoom in for the short-term action!
  

4-Hour Timeframe: Long & Short Triggers

On the 4-hour chart, here’s the plan for our trades:

• Long Trigger: Break above 5990.67, with RSI above 66.57 to show the move’s got juice.
  
• Stop Loss: Your choice—put it below 5955.77, or check 1H or 15-minute charts for a tighter stop under the last low. 🎯
  
• Short Trigger: A drop below 5856.93 lets you short, but it’s against the trend, so keep it low-risk. Take profits quick, use a small stop loss, and close when you hit a good R/R. ⚠️
  
• Shorts are tricky here, so play it safe and don’t go all-in!
  

RSI Trick & Your Input
Love RSI? I’ve been using it forever, and I think most guides get it wrong. They say overbought RSI means sell, but for me, it’s a go sign for longs! Want a full RSI tutorial? Tell me in the comments, and I’ll hook you up! 📢

💬 Let’s Talk!
If this got you hyped, hit that boost—it helps a ton! 😊 Got another pair or setup you want me to hit? Drop it in the comments. Thanks for chilling with me—keep trading smart! ✌️