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TheAnonymousBanker

SP500: Technical Rebound.... is coming

Long
S&P 500 Index (OANDA:SPX500USD)  
TheAnonymousBanker Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Wave Analysis Elliott Wave sp500index S&P 500 (SPX500) SPX (S&P 500 Index) sp500analysis Indices elliotwaveanalysis elliottwaveprojection SPDR S&P 500 ETF (SPY)
19
5
trendanalysis waveanalysis elliottwaves sp500index spx500 spx sp500analysis indices elliotwaveanalysis elliottwaveprojection spy
From a technical point of view, the trend on intraday chart is bearish, but at the same time, after the completion of wave 5, I expect a very interesting technical rebound (wave 4 re-test).

Trade with care!
Like if my analysis is useful.
Cheers!
Comment:
the FED minute did not shake up the market. At the moment the Price Action has reacted well to support area around 4.110, but trend on intraday chart is still bearish. Having said that, at the moment I am only thinking about managing the position.
snapshot
Comment:
Trade closed: target reached:
Comment:
...consolidation?
Comment:
still bullish....
Comment:
Comment:
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By Anonymous Banker
A TradingView Fan since 2015
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