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Siyabonga_Ngcobo

S&P 500 displaying two Harmonic patterns

Long
S&P 500 Index (FX:SPX500)  
Siyabonga_Ngcobo  
FX:SPX500   S&P 500 Index
Cypher Bat Harmonic Patterns ratio
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cypherpattern batpattern harmonicpatterns ratio
As the currency markets are quite today i decided to take a look at the S&P 500 and it has come to my notice two harmonic patterns which both complete near a major support structure level. Being a ratio or harmonic trader both these patterns give me confidence of taking a long position in line with the current trend in the market.

Good Trading Guys

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