Four trade setups for next week

4 trade setups for the week ahead

SPX (SP500 CFD)

SPX bounced from the 5500 level and is extending higher. A break above 5780 will open the possibility for a run to 6000.

TRADE SETUP: LONG UPON A BREAK ABOVE 5780 SL 5750 TP 6000

SPX trade setup

META

META is bouncing off the channel uptrend line support 570 and is breaking above the falling wedge downtrend line 600.

TRADE SETUP: LONG SL 560 TP 700

META trade setup

DAX (GER40 CFD)

DAX is supported for an upside extension into a channel high of 24200.

TRADE SETUP: LONG SL 22900 TP 24500

DAX trade setup

OBTS

OBTS trade setup

OBTS is supported by a previous 8.50 for an extension higher.

TRADE SETUP: LONG SL 7 TP 14.50