React and Do not Predict

After a top down analysis, we might be expecting this market to continue its movement to the upside. But on the lower time frame we notice that it is on a consolidation phase. We are going to be perfectly waiting a breakout and wait for more or less a retest in order that the previous resistance might be turned it to support and then we can can long the market to the target above. So if and only if the market is going to give us that, then we are going to take the trade.. on the other cases, we can not
Chart PatternspricepriceactionpriceactionanalysisS&P 500 (SPX500)Trend Analysisus500

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