S&P 500 Index
Long
Updated

SPX500USD Is Very Bullish! Buy!

197
snapshot
Take a look at our analysis for SPX500USD.

Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is approaching a significant support area 4366.0.

The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 4442.2 level.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

Like and subscribe and comment my ideas if you enjoy them!
Trade closed: target reached
Great news, our trade has finally paid off!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.