S&P500 / US500 opened lower today but managed to hold the 4hour MA50 as its Support and is having a big boost intra day.
It is not impossible to see one final pull back under the 4hour MA50 again as on August 24th but it's confirmed that this new bullish leg of the Bearish Megaphone is in full motion.
Buy and target 4440 (under the 0.786 Fibonacci and top of Megaphone).
Previous chart:

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It is not impossible to see one final pull back under the 4hour MA50 again as on August 24th but it's confirmed that this new bullish leg of the Bearish Megaphone is in full motion.
Buy and target 4440 (under the 0.786 Fibonacci and top of Megaphone).
Previous chart:

Follow us, like the idea and leave a comment below!!
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thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
