spx500 is in a parallel channel on the 4H. pretty simple. spx recntly took a dump and then blew up quite a bit this is most likely a correction before going back up i believe. trade off breakout
Note
spx500 breaks from parralel channel and hits first resistance, 4475. i would assume buy positions after breaking top or after retesting
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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.