US 500Long
S&P500 1 month rally ahead. Target 6300.
The S&P500 / US500 is trading inside a Channel Up since mid July 2024.
Today's downside gap opening tested the 1day MA100 for the 2nd time in 2 weeks and buying pressure immediately kicked in.
The 1day MACD pattern is identical to the September 06 2024 1day MA100 rebound. This ended up with a rally to the 1.786 Fibonacci extension.
Buy and for the next 30 days at least target 6300 (1.786 Fib).
Previous chart:
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Today's downside gap opening tested the 1day MA100 for the 2nd time in 2 weeks and buying pressure immediately kicked in.
The 1day MACD pattern is identical to the September 06 2024 1day MA100 rebound. This ended up with a rally to the 1.786 Fibonacci extension.
Buy and for the next 30 days at least target 6300 (1.786 Fib).
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.