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S&P 500 Index
Short

SPX500 – MACD Divergence Indicates for Reversal Opportunity soon

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The SPX500 has reached a new record last week.
The price has a significant divergence with the MACD indicator which indicates for a reversal opportunity.
If the price will breakout the support below it will be the right signal to look for a price action setup to sell the SPX500 index.
The demand at the bottom will be the target for this position.
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confirmationkeylevelsmacddivergencepriceactionproprietarytradingS&P 500 (SPX500)Supply and DemandSupport and Resistance

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confirmationkeylevelsmacddivergencepriceactionproprietarytradingS&P 500 (SPX500)Supply and DemandSupport and Resistance
the5erstrading
The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.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.