Amazinghong

Potential Bull Trap Ahead

OANDA:SPX500USD   S&P 500 Index
Equities market trend higher today during Fed Chair Yellen Testifies event, with early tech stocks rebound and crude oil price recovery, S&P 500 rally higher.

Will it be another bull trap, it will totally see whether today its price able to close above its daily 20MA, 2430. If it manage to close below 2430, the bears are still taking control.
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