Medium risk trade:
Buy S&P 500 @ 1765 if it drops back closer, rebounds & stays above 1765, for less than 30 minutes expiration (5 minutes preferred)
S&P 500 possible support @ 1765
2nd possible but weak support @ 1767 (higher risk)
Risk: Market is overbought & unstable, support not confirmed yet, trade cautiously
S&P 500 broke below 1767 & 1765 & became invalid
Trading signals update: changes
S&P 500 possible rebounding @ 1764.44, buy S&P 500 @ 1765 still possible to win
Buy at a higher risk because supports are broken & are invalid
But if the market follows yesterday's pattern, it'll still go higher even after breaking below support
You can also choose not to trade because the market is unstable today
Result: win at higher risk
S&P 500 expired @ 1766.87 at 10:30am EDT even after breaking below 1765 as we suspected
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