Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion

Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion

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Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion
Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion
Major Resistance Hit And An Important New Pattern is Forming: March 29th Chart and Plan

Major Resistance Hit And An Important New Pattern is Forming: March 29th Chart and Plan

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Adam Mancini
Mar 28, 2022
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Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion
Adam Mancini's S&P 500 (SPX/ES Futures) Trade Companion
Major Resistance Hit And An Important New Pattern is Forming: March 29th Chart and Plan
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As most know, I have been holding a long position from the 4470 range, with a 4565 target, writing yesterday: I am currently still just trailing what is now a very small long from the 4470 area, I have scaled out most and only about 1/5th of the position remains. I will hold it until 4560-65 is hit or I am stopped, profit guaranteed at this point regardless”

Today, we finally got there. This level is important - it is the trendline connecting the prior two February highs, and clearing here is very bullish. The issue for bears is as of writing, there has been 0 reaction *yet* at this level. Price is paused here, but no sell to speak of. This suggests this may have more to run. Today, I will discuss targets, where to look at shorts, and a new, important pattern developing

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