Analysis and trading recommendation for the US500 Index

  • Mar 31 2021
Analysis and trading recommendation for the US500 Index

Analysis and trading recommendation for the US500 Index

The US500 index is in an upward trend and is testing its new all-time high at this moment. Such levels are well practised by traders, because, unlike currency pairs, the movement of indices is more predictable. if the bulls have enough tenacity and strength to break through the resistance level, it will be possible to follow the general trend to join the bulls.

Symbol: USA500
Order Type: Pending Order - Buy Stop
Entry Price: 3990.00
Take Profit: 4050.00
Pips Earning: 60
Stop Loss: 3980.00
Pips Risk: -10

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In this position, the profit could be $ 600.00 with a trading volume of 10 FUT.

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