TroydTrades

$SPY $ES1! - Ascending Parallel Channel - Long Term Trend

Long
TroydTrades Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Decided to chart ES1! (SPY), and identified a parallel channel on the daily chart. There's some major resistance at 368.
Trade closed manually:
Took profits at 3700

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.