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kalosagathos

SPX reversal to Uptrend?

Long
S&P 500 Index (TVC:SPX)  
kalosagathos  
TVC:SPX   S&P 500 Index
SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) sp500index Bullish Patterns spxbuy
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spx spy spx500 sp500index bullish spxbuy
  • The S&P 500 broke into new highs from a 10-day consolidation and the small-cap indexes bounced sharply off their 50-day moving averages. That’s enough evidence to shift the market action to Uptrend. SPX is approaching the upper line and move further away from the support, above 5MA and 20MA.

Held call option SPY@225.5
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