Hello, Traders!
SP500 is breaking out of a bullish accumulation pattern called the ascending triangle. It is important to wait for the price to make a pullback on this triangle.
But be careful, the market is very susceptible to bad news related to the virus, and the scenario can change at any moment.
It is worth noting that we are only 3.5% of ATH
Best regards.
SP500 is breaking out of a bullish accumulation pattern called the ascending triangle. It is important to wait for the price to make a pullback on this triangle.
But be careful, the market is very susceptible to bad news related to the virus, and the scenario can change at any moment.
It is worth noting that we are only 3.5% of ATH
Best regards.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.