Hello traders, SPX charts looks bullish. We can see in the chart price forming a bullish reversal pattern backed with RSI bullish divergence on daily time frame. If this daily candle close like this, it means bullish engulfing candle formed and we are most likely to see a nice reaction to the up-side from here.
Entry price: here
Targets. above (red lines)
Stop loss: below wick
Good luck :)
Entry price: here
Targets. above (red lines)
Stop loss: below wick
Good luck :)
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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.