Welcome to KISS Set-Ups. In this section of the site we post examples of closed Conviction SetUps as provided for members in real time on Mella’s SetUp Stream utilizing her KISS methodology.
Active Set-Ups are posted in member areas only.
To view previous setups please visit the Technical SetUps section of the website.
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For further background please see actionable Technical Setups.
This SetUp was for long $SPX:
On Monday we identified an inverse and bull flag forming. The pattern would be void if it dropped below 2672:
Subsequently it tested the top of the bull flag and bottomed at 2672.80 before the pattern proceeded to launch to the upside:
Overnight price reached the .618 fibs and 50MA confluence permitting for original SetUp to reach its target:
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Categories: Technical SetUps