TradingShot

S&P500 Buy Signal / Strong supporting line

Long
OANDA:SPX500USD   S&P 500 Index
Pattern: Higher Lows on the 4H chart.

Signal: Buy as the index rebounded not only on the former Lower Highs trend-line (dashed line), but also on the newly formed Higher Lows trend-line.

Target: 3660 (just below the 3675 Resistance).


Recent S&P signals:





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Comments

Soon it will fall again
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Would you like to suggest proper SL ?
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