#TICKMILL#SP500 LDN TRADING UPDATE 17/12/24
***QUOTING MARCH FRONT MONTH CONTINOUS FUTURES CONTRACT SPREAD TO SPOT CASH MARKET -75 POINTS***
WEEKLY BB ZONE 6110/20
WEEKLY PROJECTED RANGE RES 6196 SUP 6054
DAILY BB ZONE 6142/52
DAILY RANGE RES 6190 RANGE SUP 6116
SELLER ON TEST/REJECT DAILY/WEEKLY RANGE RES TAREGT DAILY BB ZONE
BUYER ON INITAL TEST OF WEEKLY RANGE SUP TARGET DAILY BB ZONE
BUYER ON TEST REJECT OF WEEKLY BB ZONE TARGET DAILY BB ZONE
BUYER ON ACCEPTANCE ABOVE 6170 TARGET DAILY/WEEKLY RANGE RES
Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Past performance is not indicative of future results.
High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% and 75% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Futures and Options: Trading futures and options on margin carries a high degree of risk and may result in losses exceeding your initial investment. These products are not suitable for all investors. Ensure you fully understand the risks and take appropriate care to manage your risk.
Patrick has been involved in the financial markets for well over a decade as a self-educated professional trader and money manager. Flitting between the roles of market commentator, analyst and mentor, Patrick has improved the technical skills and psychological stance of literally hundreds of traders – coaching them to become savvy market operators!