SP 500 Technical Analysis Trade Plan Setup (Bulls Briefly Enter Bears $3000 Resistance Camp)
In today's SP 500 Technical Analysis I discuss a day trading (potential swing trading) setup that my eyes are currently set on. As you have seen the Bulls entered into the bears $3000 dollar resistance camp and go rejected toward the end of the day.
The SP 500 technical analysis trade plan that I walk through is on the 30 minute timeframe and I discuss how to manage the trade if you were to enter in.
Overall today's daily candle on the SP500 looks bearish in somewhat bullish context. It will be interesting to see where the sp500 futures market opens up tonight and where the SP500 index opens up tomorrow.
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DISCLOSURE: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only.
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