InsideMarket

S&P500 - The bullish path.

Long
FX:SPX500   S&P 500 Index
I estimate two different scenarios for SPX500:

- First scenario is the losing momentum where price oscillates within a rising wedge.
- Second scenario is the trend continuation with price oscillating within the bullish channel. Also, the RSI indicator combined would gives us a clue when it would run out of steam.

Happy trading!

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