SP500 TRADING STRATEGY (Risk Vs. Reward Setup) | S&P 500 Technical Analysis

In today's S&P 500 (SP500) Technical Analysis forecast, I walk you through a trading strategy I am considering at an area of resistance that I have been watching like a wolf.

THe $3250 level on the S&P 500 from a technical analysis perspective is a key level of resistance that the bulls may struggle to get through. If an inverted hammer candle forms at that level I will short into the downward momentum after the 30 minute candle closes.

TIMESTAMPS:
Intro: 00:00
SP500 Daily: 00:16
SP500 30 Min: 01:38

MY FAVORITES - https://amz.run/3JLv
○ Book Recommendations
○ My Studio Setup
○ Morning Coffee

STOCK TRADING PLATFORM
○ Webull (GET 2 FREE STOCKS): https://bit.ly/37wobNT

COME SAY HI:
Instagram: https://www.instagram.com/figuringoutmoney
Twitter: https://twitter.com/mikepsilva

Make sure to SUBSCRIBE to my channel!

DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)

#StockMarket #TechnicalAnalysis #SP500