S&P 500 IndexLong
It is Signalling a Rebound
The SPX has retested the major long term low and support level at 1821, before rallying.
A bullish hammer at that support suggest we could see more upside in the short term(for the coming few weeks). Fading the rally from here is a dangerous idea.
For Trade ideas and daily updates: thefxchannel.com .
Best Regards
Technician
A bullish hammer at that support suggest we could see more upside in the short term(for the coming few weeks). Fading the rally from here is a dangerous idea.
For Trade ideas and daily updates: thefxchannel.com .
Best Regards
Technician
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