SPX is battling a tight 1.2% range as the 4‑hour swing low holds. Momentum is edging higher on the 15‑minute chart.
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$SPX LONG 📈 — Trade Plan
• Entry: $0.536463 – $0.537537
• Stop: $0.520890 (-3.0%)
• Target 1: $0.545055 (+1.5%)
• Target 2: $0.563850 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A clear CHoCH on the 1‑hour broke the descending swing, and the CVD turned bullish, confirming the move. The price is sitting inside a fresh FVG that aligns with a bullish order block, creating a POI where the OB and FVG overlap. A liquidity sweep on the prior low cleared sellers, setting the stage for a long entry.
A 3.0% stop is relatively tight, so stick to 2‑3× leverage to keep margin risk low.
Take half off the table at the first target around 1.5% profit.
Not financial advice — always manage your own risk 🙏
$SPX #SPXUSDT #SMC #TradingSignals #Write2Earn