SPX TRADE PLAN 📈 📉
SPX bullish plan: SPX above 6720 | SPX Mar 18 6800C 📈
T: 6765, 6800 SL 6700
SPX bearish plan: SPX under 6633 | SPX Mar 18 6500P 📉
T: 6550, 6500 SL 6680
SPX had a major pull back last week after moving from 6635 to 6840.
SPX pulled right back to the lows from last Monday by the end of the week.
SPX to 6520 in play this week.
If SPX gives up this level it can drop to 6427, 6344 next.
There’s still lots of weakness in the market so I’d be careful as the market trends lower here.
Let’s see if SPX defends 6520 this week.
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