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MarketMinds
Aug 4, 2020 12:59 PM

Ascending Triangle on SP500? Long

S&P 500SP

Description

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.
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