US500 - possible ending diagonal?
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📈 US500: Potential Growth After ABC Zigzag Formation
On the hourly chart of the US500 index, a possible ABC zigzag has formed, where waves A and C are equal. The RSI indicator has reversed from the oversold zone, confirming the likelihood of an upward move.
🔹 Target levels for profit-taking:
✅ 6050
✅ 6140
🎯 Potential growth target — 6200.
#US500 #TechnicalAnalysis #Trading
📈 US500: Potential Growth After ABC Zigzag Formation
On the hourly chart of the US500 index, a possible ABC zigzag has formed, where waves A and C are equal. The RSI indicator has reversed from the oversold zone, confirming the likelihood of an upward move.
🔹 Target levels for profit-taking:
✅ 6050
✅ 6140
🎯 Potential growth target — 6200.
#US500 #TechnicalAnalysis #Trading
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