#TICKMILL #SP500 LDN TRADING UPDATE 21/11/24
WEEKLY BB ZONE 5950/60
WEEKLY RANGE RES 5996 WEEKLYRANGE SUP 5802
DAILY BB ZONE 5900/10
DAILY RANGE RES 5900 DAILY RANGE SUP 5980
MARKET IS COILING FOR DIRECTIONAL BREAK. IN THE CURRENT ENVIRONMENT, PREFER TO TRADE FROM EDGES FOR REVERSION TO MID/VPOC 5920, A WEEKLY CLOSE ABOVE OF BELOW 5920 WILL BE INTRSUCTIVE AS TO WHICH SIDE HAS THE ADVANTAGE
SELLER ON TEST/REJECT AT RANGE RES TARGET DAILY BB ZONE
SELLER ON ACCEPTANCE BELOW 5880 TARGET 5850>30
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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.
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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!