TheSecretsOfTrading

SPX getting ready

Long
SP:SPX   S&P 500 Index
SPX has bounced as predicted, but the strength wasn't there - it went even lower before retesting the local top, but now parameters are looking great. Trend Exhaustion is very low on H4, Highs&Lows and Momenter are also on the lower part of the graph - and most importantly - RSI is totally oversold. Upcoming NFP could be a trigger to push the markets up next week.

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