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RHTrading
Dec 3, 2019 3:30 AM

4hr Chart, S&P, Hidden Bullish Divergence - Exhaustion Thrust Long

E-mini S&P 500 FuturesCME

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Trade Log Ideas

- RH

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PSA: Hidden bullish divergence is no longer in play because price closed lower than previous indicator low.

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Not too shabby..
Comments
blondengineer
Also top of your channel here!
blondengineer
If the weekly ends as it looks at the time of writing, it was almost a perfect retest of the megaphone. Couldn't it be a renewed start of the uptrend?
RHTrading
@blondengineer, Yes, the economic data globally is beginning to trough which suggests at least another 1-2 years of this secular bull market. I'm slowly migrating from cautiously bearish to cautiously bullish. Many, many risks still exist, but I take a weight-of-the-evidence approach.
blondengineer
I bought the 1h bull div yesterday and support 3110. And maybe there is resistance before your line at 3137-3140.

Keep up the good work!
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