TheCryptagon

S&P500 Buy the 4hour MA50 pullback

Long
CAPITALCOM:US500   US 500
The S&P500 failed to close over the 4hour MA200 and is pulling back to the 4hour MA50.

Buy this pull back as it is not only near the 0.5 Fibonacci level but also the Cup pattern's Support.

Target Resistance A at 4080.



Previous chart:


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