cerealtrades

s&p500 futures still have bull momentum

Long
cerealtrades Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
as long as we respect the 1-4 hr neckline, and we dont roll over breaking to new lows there are still lots of attractive areas of price above 4783
the bottom line is that calls are still cheap as long as we keep consolidating, so shooting for a intraday high above 4800 is a sound judgement
this means quick profit can be taken as we snap back to higher prices on the 15 minute
4780.25 is a decent target
Comment:
stop is 4777
Trade closed manually:
didnt quite hit price but thats ok
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