dadoesploso

Breakout Area on the S&P500

Long
dadoesploso Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
Another bullish sign for the S&P is the accumulation suggested by the higher lows, with relatively equal highs (ascending triangle). The upper boundary of this triangle constitutes an area of breakout.
Comment:
Breakout occured with a gap, let's trade bullish setups intraday while paying attention to the retracement that sooner or later will come
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