This Is How You Bank Fantastic Profits On The SP500
|SP500 (SPX) Technical Analysis is Elliott Wave and Trading Levels Strategy, these tools are suggesting taking profit at 3000 then waiting for the 3000 to become the support for the next long trade
SP500 Elliott Wave: Wave v of (i) Just above 3000
Trading Levels: 3000 is a Major Trading Level (TL3|3000). Looking for a Classic Trading Levels pattern across TL3. This is waiting for the market to develop the TL3 as the tested support, this will help confirm a trend higher and create the long trade set up.
SP500 Trading Strategy: Currently long at 2930, 2940 and 2972 with stop at 2986. Taking part profit at 3000 and the rest at around the 2920
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