Profound_Ambition

SPX500USD W1

Profound_Ambition Updated   
OANDA:SPX500USD   S&P 500 Index
Price has made a sharp rejection to major weekly support, along with the ascending trendline, & bulls are still hanging on. A recovery will lead to a weaker CHF & JPY & Gold, & strength will move to AUD & NZD..
Comment:
D1: Bullish engulfing candlestick showing a shift in momentum that took place at a key area of support
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