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ClearTradingMind

US500: Signs of a Bullish Turn in the Market!

Long
US 500 (CAPITALCOM:US500)  
ClearTradingMind Updated   
CAPITALCOM:US500   US 500
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After a prolonged bearish trend, the US500 is now signaling a shift towards a slightly bullish direction on the 1-hour chart. At the start of April, the index began its decline from the 5277 level, eventually reaching as low as 4925. Following this significant downturn, there are now indications of a potential upward trend. The current conditions are favorable for a long trade, and I have entered a buy position with a target level of 5175.3. Let's see what happens in the upcoming trading week.
Trade closed: target reached:
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