📈 $SPX Bullish Setup (Trend Continuation)
✅ Scenario:$SPX
Market holding above major daily support and forming higher lows.
🎯 Entry:
• Buy on pullback to strong support zone
• OR breakout above recent resistance high
Example structure:
• Entry: Break above recent high
• Stop Loss: Below last higher low
• Risk: 1–2% of account maximum
🎯 Targets:
• TP1: Previous resistance (1R reward)
• TP2: Next key resistance (2R reward)
• TP3: Psychological round number level
📊 Risk:Reward:$SPX
Minimum 1:2 (Risk 1 to make 2)
⸻
📉
#SPX Bearish Setup (Correction Play)
✅ Scenario:
Price breaks strong daily support with high volume.
🎯 Entry:
• Sell on breakdown candle close
• OR retest of broken support (now resistance)
🛑 Stop Loss:
#SPX • Above breakdown structure high
🎯 Targets:
• TP1: Previous demand zone
• TP2: Major weekly support
• TP3: 200 EMA zone (if visible)
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