Strong bullish momentum breakouts in S&P l S&P Technical analysis

Hi, Readers,
For those who did not check my previous post where I mentioned that I am still bullish S&P for a move towards possibly 2105 area Can look at the post here again.
Also Watch
*** How to Trade bullish breakouts in Trading Chart with Example

Question here is what made me think that bullish momentum is here to stay and its the strongest of momentum we have seen from the low as I have mentioned in my previous posts and doing it here again so. While trading momentum there are still few points that we do need to consider.

* Has price maintain an imbalance when It got a break from the previous swing
* Does price immediate recover on the day of selling or even the when the next session resume.
* Does price spike and maintain another bullish momentum after passive selling or immediately after supply days.

How I trade Bullish Breakouts in Index and Currencies

In the above chart, We can clearly see that S&P breakout from a level and maintain sustain the breakout and spend neutral days around the rotation area which is the first thing that come to mind while spoting such activity that why price has been so passive after such breakout has happened.

*** What is law of consumed supply and demand in Forex Trades with very low risk.

Price has a supply day after price test the breakout and ended the day on lows and what happened when trading resume the next day, price immediately engulf that supply and measured move was seen to end the day.

After that activity we saw a break of highs with ease and the we witness a neutral day activity yesterday. While market was quite cautious prior to release of Non agricultural pay roll data today it test 2037 area which was protected earlier and also was S/R flip and rejection in S&P Future just prior to opening bell of US trading session would have been well timed trade that send the S&P to the new highs around 2072 area which is close to 2% move in a whole trading session.

I also posted few video on such breakouts and one of them you can watch below and I would advice to just wait for such strong bullish momentum to appear and then plan your trading with very low risk trading moves and specially when You are promised to get movement with high impact release like NFP and meeting minutes and risk can hit the market any moment after such release and we can see our potential targets in a session or two .