Today is a good day for the opening of the long position for S&P 500.
As described in the research on the month changes effect, the index shows significant average profitability with a buy for 5 days until the end of the month with its following sell at the closing of the 4th day of a new month.
Plus the Moon which is waning, plus DeMarker entered the oversold zone.
So today, open the long position from the market and close it at the disperse trading on 4 March or for Take Profit.
Hedge putting Stop Loss in the range between 4200 and 4250 and then switch to Trailing Stop.
The target is the range between 4350 and 4400.
This content is for informational purposes only and is not intended to be investing advice.
