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Timonrosso
Oct 25, 2022 11:08 AM

SP500 broken out of its medium term downtrend - BULLISH Long

SP:SPX240
S&P 500SP

Description

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SP500 on 4 hour has broken out of two formations.
1. The medium term downtrend the markets been in for the last few months.
2. A W Formation which has broken into a new uptrend...
Bullish Target to 4,200
Regards
MATI Trader
Trend AnalysisChart PatternsTechnical Indicatorssp500indexsp500futuresandp500S&P 500 (SPX500)SPX (S&P 500 Index)
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