US 500Viés de alta
S&P500 5 month Channel Up bottomed. Bullish reversal started.
S&P500 / US500 is trading inside a Channel Up since the August 5th bottom.
Wednesday's Fed fueled correction crossed under the 1day MA50 but stabilized yesterday and today found support over the 1day MA100 and rebounded.
This low is very close to the bottom of the Channel Up and the 1day MA100 was the level that supported the early September pull back.
The 1day RSI is also reversing, and the 3 times it posted a similar pattern inside the Channel Up, it was a bottom.
Buy and target 6200 (+7.10% from the bottom).
Previous chart:
Follow us, like the idea and leave a comment below!!
Wednesday's Fed fueled correction crossed under the 1day MA50 but stabilized yesterday and today found support over the 1day MA100 and rebounded.
This low is very close to the bottom of the Channel Up and the 1day MA100 was the level that supported the early September pull back.
The 1day RSI is also reversing, and the 3 times it posted a similar pattern inside the Channel Up, it was a bottom.
Buy and target 6200 (+7.10% from the bottom).
Previous chart:
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.