leanosamwinga

S&P500 (May 10)

Long
OANDA:SPX500USD   S&P 500 Index
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2
As long as the stock index doesn't break below this trend line , i will remain bullish . We have a short term trend line that has formed and if we see that get broken we could see a fall to the longer term trend line . I wouldn't be wanting to short this as we have so much momentum to the upside. We have a previous level of resistance approaching and we see it get breached then price could rally back to pre coronavirus highs perhaps.