TradingShot

S&P500 Buy Signal (long-term)

Long
OANDA:SPX500USD   S&P 500 Index
Pattern: Channel Up on 1D.

Signal: Buy as the price reached the 0.618 Fibonacci retracement level from its previous bottom.

Target: 3590 medium-term (Resistance) and for long-term traders 3900 (+21.90% rise from this bottom).


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