S&P500 / US500 is trading inside a Channel Up on the 1hour timeframe.
The price crossed today under the 1hour MA50 and reached the Channel's bottom.
This is where the two bottoms prior where priced.
As long as it holds, buy and target 5930 (+1.88% rise, same as the previous bullish legs).
Previous chart:

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The price crossed today under the 1hour MA50 and reached the Channel's bottom.
This is where the two bottoms prior where priced.
As long as it holds, buy and target 5930 (+1.88% rise, same as the previous bullish legs).
Previous chart:

Follow us, like the idea and leave a comment below!!
thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
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Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
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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
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.
