FOREXCOM:SPX500   S&P 500 Index
Market has been breaking All-Time-Highs.
Overall Market Trend is still bullish.

Same sized retracements (indicated by green trend-lines) have printed, along with a subsequent bullish breakout, confirm continuation of uptrend.

Invalidation at 4733.3 (stop loss placed)

No profit target (new highs cannot be accurately determined at this time).
  • Aggressively enter new positions once original position is in profit and has found support.
  • Avoid entering new positions if original position goes negative.

Look for similarities in US30, NAS100, FTSE, DAX & NIKKEI.
Comment:
Momentum is slow but so far so good.
If new highs are achieved and support is found, I will re-enter trade and move the stop-loss higher.
Trade closed: target reached

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