Peet_Serfontein

S&P500: heading higher?

Long
SP:SPX   S&P 500 Index
A BULLISH bias is applicable above 3792.
Trade setup probability: +41%. Target: 3861. Stop-loss: 3739.
The lack of upside price momentum remains a concern to the bullish trend. RSI is at 52 – leaving room for further upside price potential. Volume is however, not supporting the bullish trend.

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