Long on SPX500, posted a bit late
1. failure to break low and create a lower low.
2. strong break on the last high to create a higher high.
3. a series of higher highs and higher lows.
4. price is trading above the moving average.
5. 61.8% retracement.
6. wick rejections.
7. bullish engulfing bar.
2. strong break on the last high to create a higher high.
3. a series of higher highs and higher lows.
4. price is trading above the moving average.
5. 61.8% retracement.
6. wick rejections.
7. bullish engulfing bar.
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