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the5erstrading

SPX-500: Waiting for reversal daytrade signal

Corto
El Índice S&P 500 (SP:SPX)  
the5erstrading  
SP:SPX   El Índice S&P 500
Support and Resistance Supply and Demand breakout reversal priceaction S&P 500 (SPX500) keylevels
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supportandresistance supplyanddemand breakout reversal priceaction spx500 keylevels
In the H1 chart, we can see that the price is in a very strong bullish momentum,
Since the price is in records I preferred to wait for a reversal opportunity.
If the price will break down the confirmation zone it will be the signal for the reversal opportunity.
If that happened I'll look for a price action setup to sell SPX500 as an intraday trade.
The first target will demand level - 1 and the final target will be demand level - 2.
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