S&P 500 IndexLong
Retest ?
- 4H 20 & 50 EMA cross
- top of down trendline on price & RSI
- wait for a 0.382 - 0.5 retrace to retest 3420 S & R level, which should have 20 EMA dynamic support to go long
Target on fib extension 1.272 on monthly R3 or 1.618 on monthly R4
- top of down trendline on price & RSI
- wait for a 0.382 - 0.5 retrace to retest 3420 S & R level, which should have 20 EMA dynamic support to go long
Target on fib extension 1.272 on monthly R3 or 1.618 on monthly R4
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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.