VasilyTrader

S&P500 Index (SPY) Time For Correctional Move?! 📈

Long
FX:SPX500   S&P 500 Index

S&P500 index looks very oversold.
On Friday, the price reached an important zone of confluence:
we see a perfect match between a horizontal demand cluster and
a completion point of a harmonic ABCD pattern .

From that zone, I will expect a pullback at least to 4080 level.

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