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S&P 500 Index
Long

END OF THE RECESSION ???

By Fobstar
Updated
this setup is simple enough to not need much explaining, but if the fear of a global recession is over then this setup may progress further. Or the price may reverse from here proceed to form another low or worse, as the price currently id at a very crucial level. But regardless we shall see.






Happy Trading !!!
Comment
Houston, We have a breakout
LONGpriceactionrecessionresistanceandsupportreversalS&P 500 (SPX500)Support and ResistanceTrend Analysis
Fobstar

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