dontdaytrade

SPX potential double bottom

OANDA:SPX500USD   S&P 500 Index
There is finally some buying volume coming through, but too early to call anything. It is technically a lower high, but reached the wicks of the previous low and rebounded with good volume.
Definitely wait for confirmation before going long because it is also going through a Bollinger Squeeze and has bounced off the MAs.
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