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Timonrosso

SP500 broken out of its medium term downtrend - BULLISH

Long
L'indice S&P 500 (SP:SPX)  
Timonrosso  
SP:SPX   L'indice S&P 500
Trend Analysis Chart Patterns Technical Indicators sp500index sp500future sandp500 S&P 500 (SPX500) SPX (S&P 500 Index)
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trendanalysis chartpattern indicator sp500index sp500future sandp500 spx500 spx
SP500 on 4 hour has broken out of two formations.
1. The medium term downtrend the markets been in for the last few months.
2. A W Formation which has broken into a new uptrend...
Bullish Target to 4,200
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MATI Trader
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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