InvestingScope
Long

S&P500: Neutral within the Triangle.

FOREXCOM:SPXUSD   US SP 500 CFD
S&P500 is trading within a Triangle on the 4H chart ( RSI = 53.651, MACD = -10.000, ADX = 26.709). The price is now testing the 4H MA50 and if broken we expect it to reach the Lower High trend-line. The RSI broke above a 20 day bearish trend-line so we are expecting a break above the Triangle towards the 3,168 Resistance.



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