Long
SNP 500 about to break out of falling wedge
With Major bullish Divergence on the daily RSI the SNP 500 seems ready to break out of the falling wedge
Of course wait until you see a break and confirmation as support.
Also forming a tripple Bottom and a descending Triangle as bottom structure
Think the negotiation of Ukraine and Russia are a very good sign. Once the situation resolves we should see a major breakout to new ATHs
Of course wait until you see a break and confirmation as support.
Also forming a tripple Bottom and a descending Triangle as bottom structure
Think the negotiation of Ukraine and Russia are a very good sign. Once the situation resolves we should see a major breakout to new ATHs
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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.