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.
đą $SPX LONG đ â Trade Plan
âą Entry: $0.349450 â $0.350150
âą Stop: $0.339306 (-3.0%)
âą Target 1: $0.355047 (+1.5%)
âą Target 2: $0.367290 (+5.0%)
âą 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 fairâvalue 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 3.0âŻ% stop is fairly tight on this volatility, so keep leverage at or below 2Ă to preserve margin.
Consider taking half off at the first profit target around 4,590 to lock in riskâreward.
As always: manage your risk, this is not financial advice đ
$SPX #SPXUSDT #CPIWatch #TradingSignals #Write2Earn
đą $SPX LONG đ â Trade Plan
âą Entry: $0.349450 â $0.350150
âą Stop: $0.339306 (-3.0%)
âą Target 1: $0.355047 (+1.5%)
âą Target 2: $0.367290 (+5.0%)
âą 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 fairâvalue 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 3.0âŻ% stop is fairly tight on this volatility, so keep leverage at or below 2Ă to preserve margin.
Consider taking half off at the first profit target around 4,590 to lock in riskâreward.
As always: manage your risk, this is not financial advice đ
$SPX #SPXUSDT #CPIWatch #TradingSignals #Write2Earn