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amanpaulbhogal
Jan 17, 2016 8:58 PM

Short-term Long trade on S&P500 Long

S&P 500 index of US listed sharesFXCM

Description

A short term long trade/counter trend trade on the 4 hour time frame taking cue from Stochastic bullish divergence and an inside bar at support and price hitting the 1.272 Fibonacci extension level. A possible pull back into previous resistance is likely where profits may be collected.
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