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S&P500: Buy the dip and target 6,215.

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The S&P500 index is neutral on its 1D technical outlook (RSI = 54.213, MACD = 29.690, ADX = 23.794) as it has completed the technical dive following the 4H Golden Cross just like August 21st 2024, and is rebounding. The two patterns are so far similar, both rebounding on oversold 4H RSI, and the September 2024 rebound almost reached as high as the 1.5 Fibonacci extension. We aim for another close test of the 1.5 Fibonacci (TP = 6,215).


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Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsIndicesSPX (S&P 500 Index)spxtradingstandardandpoorstockindextradingTrend Analysisus500

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Chart PatternsS&P 500 E-Mini FuturesTechnical IndicatorsIndicesSPX (S&P 500 Index)spxtradingstandardandpoorstockindextradingTrend Analysisus500
InvestingScope
Telegram: t.me/investingscope
investingscope.com

Over 65% accuracy on Private Signals Channel.

Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.

Free Channel: t.me/investingscopeofficial
Também em:

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.