FxWirePro
Long

S&P 500:Bullish Divergence and 61.8% retracement

FX:SPX500   S&P 500 index of US listed shares
233 0 6
Pattern formed – classic bullish divergence

Potential Reversal Zone- 2060

S&P500             has recovered after making a low of 2063.70.it is currently trading around 2078. Short term trend is lightly bullish as long as support 2060 holds.

Any indicative break below 2060 will drag the index down till 2052 (90 day EMA )/2044.

S&P500             index resistance is around 2077 (200 4H MA) and any break above targets 2088/2093/2108.50.

It is good to buy at dips around 2072-75 with SL around 2060 for the TP of 2098/2108
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out