The S&P500 / US500 has reached a bottom and is rebounding.
The rebound is taking place just over the 1week MA200 but also the key pivot line that was previously a Cycle High and now turned Support.
We have seen this another 2 times in the last 10 years and both time caused a massive rally.
This puts an end to the tariff war correction and based on the chart starts a new 2 year Bull Cycle.
Minimum rise before was +58%. Target 7600.
Follow us, like the idea and leave a comment below!!
The rebound is taking place just over the 1week MA200 but also the key pivot line that was previously a Cycle High and now turned Support.
We have seen this another 2 times in the last 10 years and both time caused a massive rally.
This puts an end to the tariff war correction and based on the chart starts a new 2 year Bull Cycle.
Minimum rise before was +58%. Target 7600.
Follow us, like the idea and leave a comment below!!
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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.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.