S&P500 INDEX (SPY) Breakout Trade For Next Week

30 באוק׳ 2022

Hey traders,

What a bullish week for S&P500 index.
The market nicely bounced on Friday.

Ahead is a key horizontal resistance. 3905 - 3935 is a solid supply zone.
Wait for a bullish breakout of that next week. You need a daily candle close above that to confirm the breakout.

The breakout will trigger a bullish continuation.
Next goal will be 4118.

Good luck!

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