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Mar 10, 2023 7:43 PM

S&P500 Exceptional buy. Long

US 500Capital.com

Description

S&P500 reached the bottom of the 4 month Channel Up.
The RSI (1d) is nearly oversold.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 4250 (top of Channel Up and projected +11.20% rise).

Tips:
1. RSI (1d) is forming a huge bottom sequence same with December 19th and September 27th.

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Comments
Gold-Tech
Interesting. Competent analysis. Thank you
JoeChampion
Good work, i agree on the stock market bullish bias!
RLinda
Great chart, very useful for assessing the market situation, thanks for sharing)
MaceMaddox
*sorry… 3825 I wanted to say
MaceMaddox
Fully agree. I think next week will bring more of a downturn, hence would not buy at this moment. I am still maintaining short position. It can go down to 4025 I would say. Every closing of the month below that value would mean prolonging of sell of
WalterMoon
Good US500 idea, agree!
LegionQ8
great work my friend! I like to trade us500
AkhiPrajapati
Looks great for buy
SirTradez_
4250 lol in your dreams, max i can give you is between this range pf 4000-4100, MAX could be 4150
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