The ⚠️S&P500 index is currently testing a horizontal structure that was recently breached. It is highly probable that this level has now become support.
For a confirmed buying opportunity, please observe the formation of a double bottom pattern on the 4-hour chart.
Should the price break and close above 7521, this would provide strong bullish confirmation.
In such a scenario, the market is anticipated to advance to at least the 7584 level.
Conversely, if the price declines and establishes a new lower low, this trading setup would no longer be valid.
For a confirmed buying opportunity, please observe the formation of a double bottom pattern on the 4-hour chart.
Should the price break and close above 7521, this would provide strong bullish confirmation.
In such a scenario, the market is anticipated to advance to at least the 7584 level.
Conversely, if the price declines and establishes a new lower low, this trading setup would no longer be valid.
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Join our Telegram channel
For daily market update 👇👇
t.me/TheAcetrading
Backup Channel👇👇
t.me/theacetradingbackup
For paid signal & Copy Trading💹👇👇👇
t.me/Ask_linofx1
For daily market update 👇👇
t.me/TheAcetrading
Backup Channel👇👇
t.me/theacetradingbackup
For paid signal & Copy Trading💹👇👇👇
t.me/Ask_linofx1
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.