Daniel Ang

Buying Opportunities in S&P 500 - Mon, Nov 21, 15:30pm. Moved #1 Limit Buy to 3894.5 Tue, Nov 22, 11:25am. All Orders Cancelled, Wed, Nov 23, 12:16pm

Chart SPXm, H4, 2022.11.21 07:31 UTC, Tradeview, Ltd., MetaTrader 4, Real

The idea of an imminent short-term decline in US equities has not changed. Should the S&P 500 continues to ease from last Tuesday high of 1041.6, it may unfold in a simple 3-wave pullback towards the equality target at 3847.2.

If so, the idea is to position buying orders for a resumption of the rally from 3489.5 towards the top of the rising channel at 4122.4 target.

TRADE IDEAS

#1 Limit Buy @ 3869.0. Moved #1 Limit Buy to 3894.5 Tue, Nov 22, 11:25am

#2 Limit Buy @ 3848.5

All Stops @ 3690.0

Target @ 4110.0