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Indice S&P 500
Long

S&P500 The 4hour MA50 supported, +4000 incoming.

634
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:

S&P500 Do or die moment for the bullish trend.


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Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)standardandpoor500Trend Analysisus500

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Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)standardandpoor500Trend Analysisus500
TheCryptagon
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
Aussi sur:

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.