This daily chart of S&P 500 shows the break of downward trend line resistance and the possible resistance and support lines on Fabionacci retracement if it moves upward.
We can see three white soldiers being formed on the candle chart right after a new HH followed by a strong hammer forming new HL reinforcing an uptrend.
we take entry for long on next pull back at 3940 with TP at 4130 and SL 3820.
We can see three white soldiers being formed on the candle chart right after a new HH followed by a strong hammer forming new HL reinforcing an uptrend.
we take entry for long on next pull back at 3940 with TP at 4130 and SL 3820.
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.
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.