SPX is grinding higher after a clean break of the recent swing high, eyeing the 4,550 zone. Momentum is charging the upside with volume backing the move.
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$SPX LONG 📈 — Trade Plan
• Entry: $0.349450 – $0.350150
• Stop: $0.339306 (-3.0%)
• Target 1: $0.355047 (+1.5%)
• Target 2: $0.367290 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure flipped on the recent CHoCH as price ripped through the prior swing low, and a strong CVD spike confirmed buying pressure. An order block sits right at the break point, overlapping a fair‑value gap and a liquidity sweep, creating a POI confluence that makes the zone sticky. With the liquidity pool cleared, the next swing target aligns with the 4,650 resistance.
A 3.0 % stop is fairly tight on this volatility, so keep leverage at or below 2× to preserve margin.
Consider taking half off at the first profit target around 4,590 to lock in risk‑reward.
As always: manage your risk, this is not financial advice 🙏
$SPX #SPXUSDT #CPIWatch #TradingSignals #Write2Earn