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TradingShot
Sep 17, 2020 5:26 PM

S&P500 Buy Signal Long

US SP 500 CFDFOREX.com

Description

Pattern: Rectangle into an Ascending Triangle.

Signal: Buy as the price is consolidating on the Higher Low trend-line.

Target: 3,425 (right below the Resistance).



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Comments
sascanio
Hi !!! Looks nice. Also, I wanted to call to your attention if you see a massive bearish divergence in the S&P500 monthly charts. For the past 2 years the RSI has been declining, and the price increasing.
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