S&P 500 index is going in an upward trend and a trend reversal is seen because the index has completed the ABCD pattern, a cup and handle is also formed, the candlesticks are bullish making three white soldiers, so the trend is bullish therefore going Long.
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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.