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S&P 500 Index
Long

S&P500 on very strong support.

110
The US index is bouncing off a strong support. The volume on down waves is definitely smaller in the last quarters. Tomorrow we have non farm payroll data and everything indicates that the market will want to strengthen. The current layout looks like an accumulating range, which can still be tested in today's session. On smaller timeframes, the volume breaking this range indicates an uptrend
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Chart PatternspriceactionsupportTrend AnalysisvolumeanalysisVolume
VolumeDayTrader
👉👉 Get Free US Stock Market PTA Signals
👉👉 Get Wyckoff Wave Chart Indicators

🌎 Free materials 👉👉 volumedaytrader.com
✳️ Free Signals & Technical Charts: t.me/volumedaytrader
support@volumedaytrader.com
Also on:

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.