S&P 500 IndexLong
S&P500 index broke and stayed out
The S&P brokeout from the downtrend resistance line and holding above the 200 day EMA. This could the turn. I still believe the low in this market is in.
I see a nice 5.8 RIsk Reward play targeting the 4.7k target on the index.
I see a nice 5.8 RIsk Reward play targeting the 4.7k target on the index.
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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.