S&P500 turned overbought again on its 4H technical outlook (RSI = 70.951, MACD = 30.680, ADX = 66.973) as it found support last week almost on its 4H MA100, at the bottom of the 5 week Channel Up. This initiated the second bullish wave of the structure. Medium-term target the top of the pattern at +5.88% (TP = 7,750).
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I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.