UmarAbdurRehman

S&P500 Medium term view

Long
FX:SPX500   S&P 500 Index
S&P500 remains bullish breaking the multi-year channel, a recent attack of the price action to test the top of the yearly channel has so far found support around 2530, but longer term momentum indicators suggests a retest of the prior highs. I'd prefer playing long side for swing.

Disclaimer: All analysis shared are my personal views, those should not be considered as an investment advise in anyway.

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